Among CEOs of major financial holding companies and banks in the first half of this year, Citibank Korea CEO Yeo Myeong-soon received the highest compensation, totaling 3.039 billion won.

According to the semiannual report on the Financial Supervisory Service electronic disclosure system on the 14th, Citibank Korea CEO Yeo Myeong-soon received 3.039 billion won in compensation in the first half of this year. The amount includes 280 million won in salary, 1.323 billion won in bonus, and 1.433 billion won in stock-based compensation.

Citibank logo image/Courtesy of Reuters Yonhap

Standard Chartered Bank Korea, a foreign bank like Citibank Korea, paid CEO Lee Gwang-hee a total of 1.801 billion won, including 420 million won in salary, 513 million won in bonus, and 868 million won in stock-based compensation. Among heads of domestic financial groups, Hana Financial Group Chairman Ham Young-joo received the most compensation at 1.922 billion won.

In the first half of this year, Chairman Ham received 450 million won in salary, 470 million won in bonus, and 1.002 billion won in long-term performance pay. Hana Bank CEO Lee Ho-sung received 791 million won in compensation, including 350 million won in salary, 352 million won in bonus, and 89 million won in long-term performance pay.

KB Financial Group Chairman Yang Jong-hee received 650 million won in first-half compensation, including 450 million won in salary and 200 million won in bonus. KB Kookmin Bank CEO Lee Hwan-joo received 548 million won, including 350 million won in salary and 194 million won in bonus.

Shinhan Financial Group Chairman Jin Ok-dong received 938 million won in the first half. Of that, salary was 438 million won and bonus was 500 million won. Shinhan Bank CEO Jeong Sang-hyeok received 1.283 billion won, reflecting 410 million won in salary, 400 million won in bonus, and 473 million won in long-term performance pay.

Woori Financial Group Chairman Yim Jong-ryong's first-half compensation was 815 million won, including 425 million won in salary, 385 million won in bonus, and 5 million won in other earned income such as fringe benefits. Woori Bank CEO Jeong Jin-wan's compensation totaled 829 million won, including 349 million won in salary, 293 million won in bonus, 185 million won in long-term performance pay, and 2 million won in other earned income. NH NongHyup Financial Group Chairman Lee Chan-woo's first-half compensation was not disclosed in the semiannual report because, as last year, it did not exceed 500 million won.

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