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DBS Group Holdings chairman's pay package up 84 per cent

Published on Apr 1, 2014 8:56 PM
 
DBS Group Holdings chairman Peter Seah's total pay package shot up last year while chief executive Piyush Gupta's dipped slightly, as the bank posted record earnings in 2013. -- ST FILE PHOTO: TED CHEN

DBS Group Holdings chairman Peter Seah's total pay package shot up last year while chief executive Piyush Gupta's dipped slightly, as the bank posted record earnings in 2013.

Mr Seah earned $1.84 million in total last year, a 84 per cent jump from the $999,284 he got in 2012, according to DBS' 2013 annual report released on Tuesday.

Of that amount, $1.35 million was his retainer fee as chairman, which was more than twice his $500,000 retainer fee in 2012.

Mr Gupta's pay package decreased slightly from $9.33 million in 2012 to $9.2 million last year.

 
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