, Singapore
1174 views
Piyush Gupta (right), CEO of DBS. Photo by Richter Frank Jurgen via Wikimedia Commons.

DBS CEO Piyush Gupta earned 13.3% more in 2022

Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.

DBS CEO Piyush Gupta earned S$15.38m in 2022, 13.3% higher than his total remuneration in 2021, the bank’s annual report showed.

A total of S$8.035m of Gupta’s earnings are listed as deferred remuneration, of which 17.2% will be in cash whilst the rest will be in the form of shares.

Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.

ALSO READ: DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021

His cash bonus for the year totalled over S$5.76m, from S$5.16m in 2021.

The remaining S$80,529 represents non-cash components such as for club, car, and driver.

DBS reported record profits of S$8.19b in 2022, as high interest rates boosted the bank’s net interest income.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!