Finance

SGX Chief Loh Boon Chye's Salary Soars to $7.8 Million Amid Market Resurgence!

2025-09-15

Author: Siti

SINGAPORE – In a stunning testament to the Singapore Exchange's (SGX) impressive financial performance, CEO Loh Boon Chye's total compensation has surged to a whopping $7.82 million for the financial year 2025. This represents a remarkable 3.3% increase from the previous year's earnings of $7.57 million, as revealed in SGX’s recently released annual report on September 15.

Loh's paycheck is predominantly bolstered by a hefty cash bonus and lucrative long-term incentives, amounting to a staggering $6.5 million—over 80% of his total remuneration. His fixed salary remained steady at $1.21 million, but he enjoyed a substantial cash bonus of $3.27 million along with an equal amount in performance-linked incentives, ensuring his pay is closely aligned with the company's success.

Additionally, benefits in kind reached $75,553 this year, a notable increase from last year's $57,256.

This pay hike is in line with SGX's remarkable financial results, which saw a year-on-year net revenue jump of 11.7% to $1.3 billion by June 2025. The exchange also reported a net profit of $648 million, an 8.4% increase, and announced total dividends of 37.5 cents per share, a rise from 34.5 cents the previous year.

Looking ahead, SGX anticipates steadily increasing dividends by 0.25 cents each quarter from FY2026 to FY2028, aiming to attract even more investor interest.

In his annual letter to shareholders, Loh highlighted a resurgence in market activity, noting that investors are now looking beyond index stocks, with increased fund flows into Singapore equities. "The vibrancy of the market is on the rise, alongside a promising IPO pipeline, showing a welcome return of confidence in the broader ecosystem," he stated.

Loh also expressed optimism about the initiatives announced by the Monetary Authority of Singapore aimed at revitalizing the local bourse, suggesting they will foster sustainable growth.

As of the midday trading break on September 15, SGX's shares climbed 2.6%, up 43 cents to $17, reflecting the positive sentiment surrounding the exchange.