Gupta will take home $13.2 million following the bank's "stellar all-round performance as well as its improved technology resiliency.”

DBS Group paid outgoing CEO Piyush Gupta S$17.6 million ($13.22 million) for 2024, up 57% on year, as Singapore's biggest bank reported record annual revenue and profit. Southeast Asia's largest lender by assets also has "momentum",

DBS Group Holdings Ltd. raised Chief Executive Officer Piyush Gupta’s total remuneration for 2024 by 56%, citing the bank’s record profits, standout wealth business and strengthened technology.

The bank achieved a record performance in 2024 as full-year net profit rose 11% to $11.4 billion. Read more at straitstimes.com.

About $9.35m of this is a deferred award, of which 17.1% will be in cash. DBS CEO Piyush Gupta earned a total of S$17.58m for 2024. A bulk of this— about $9.35m— is a deferred award, of which 17.1% will be in cash and the remainder will be in the form of shares.