UOB Cuts CEO Wee’s Pay Package by About 20% After Profit Slump

United Overseas Bank Ltd. cut Chief Executive Officer Wee Ee Cheong’s 2025 compensation by about S$3 million following a slump in its profit and dividend.

Wee’s remuneration totaled about S$12 million ($9.4 million), according to the the Singapore bank’s annual report published on Thursday. That compared with about S$15 million a year earlier.