Salary of Singtel CEO increased by 16.8% from previous financial year
Singtel Group Chief Executive Officer (CEO) Yuen Kuan Moon received a salary of S$8.2 million in the financial year 2025 (FY2025).
This was revealed in the Singapore telco’s annual report, which was released on Monday (30 June).
Source: Google Maps
Singtel CEO has base salary of S$1.3M
The report included a breakdown of Mr Yuen’s total remuneration of S$8,206,290 for FY2025, which ended on 31 March.
It indicated that his base salary was S$1,335,682, which made up just 16% of the remuneration.
Source: Singtel
The rest comprised a cash bonus of S$2,217,600 (27%) and the same amount in a restricted share award.
He also received a performance share award of S$2,357,600, which took up 29% of the total sum.
The remainder of S$77,808 came from benefits.
Singtel CEO’s salary went up by 16.8%
Mr Yuen’s total remuneration for FY2025 increased by 16.8% compared to his FY2024 remuneration of S$7,025,634, Singtel said.
It was approved based on his performance for FY2025, and is aligned with Singtel’s “strong performance and long-term value creation objectives”, it said.
The telco’s underlying net profit increased by 9% to S$2.47 billion, with its net profit increasing more than 400% to S$4.02 billion, from FY2024’s S$795 million.
This was boosted by a “one-time exceptional gain” of S$1.3 billion from the partial divestment of its Comcentre headquarters in Somerset, which has been demolished and will be replaced by a new development.
Source: Singtel
Singtel CEO ‘instrumental’ in digital transformation
Mr Yuen, 58, was appointed group CEO in 2021, Singtel said.
Source: Kuan Moon Yuen on LinkedIn
Since then, he has been “instrumental” in leading “one of Singtel’s most ambitious transformations” — repositioning for growth amid “accelerated digitalisation and disruption” in the industry, it noted. Singtel added:
The strategic reset he introduced at the start of his tenure has altered the fundamental make-up of the Group – redefining it along the lines of connectivity, digital services and digital infrastructure.
He also spearheaded the Singtel28 plan, which aims to lift business performance and capitalise on growth trends to deliver sustained value for shareholders, while also championing people and sustainability.
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Featured image adapted from Kuan Moon Yuen on LinkedIn and Google Maps.
