The Top 10 highly paid bank CEO in the world in 2023 are below
1. Jamie Dimon (JP Morgan Chase)
JP Morgan Chase is one of the largest and most successful financial institutions in the world. As its CEO, Jamie Dimon is responsible for managing the company’s operations, setting its strategy, and staying ahead of the competition.
His extensive experience and knowledge of the banking industry have enabled him to lead the company to success and growth in recent years. Jamie Dimon is highly paid because he is an exceptional leader, who is capable of making the right decisions to ensure the continued success of the company.
2. James Gorman (Morgan Stanley)
James Gorman is highly paid because of his successful track record as the CEO of Morgan Stanley. During his tenure as CEO, Gorman has navigated the company through the global financial crisis and led Morgan Stanley to record profits.
He has also overseen the expansion of the firm’s international operations, which has helped to increase the firm’s global presence. Additionally, Gorman has been successful in driving shareholder value and has been recognized for his leadership and strategic vision for the firm.
3. Brian Moynihan (Bank of America)
There are a number of factors that contribute to why Bank of America CEO Brian Moynihan is one of the highest-paid bank CEOs in the world. First and foremost, Moynihan has had a successful career at Bank of America, leading the bank through the financial crisis and helping to build it back up.
He is also credited with helping to improve the bank’s customer service and its standing with regulators and is seen as a leader in the banking industry.
Furthermore, Bank of America is one of the largest and most profitable banks in the world, and Moynihan’s pay reflects this success. Finally, his compensation package is determined by a board of directors that takes into account the pay levels of other CEOs at similar companies.
4. Michael Corbat (Citigroup)
Michael Corbat is the highest-paid CEO of a major bank in the world. Corbat has been CEO of Citigroup since October 2012 and has been with the company for more than 30 years. He has earned nearly $250 million in total compensation since taking the CEO position in 2012.
Corbat’s success is attributed to his steady, conservative management of the bank, which has allowed it to remain profitable during challenging economic times.
5. Charles Scharf (Wells Fargo)
Charles Scharf, the CEO of Wells Fargo, is one of the highest-paid bank CEOs in the world. He earned a total compensation package of $24 million in 2019, making him one of the highest-paid bank CEOs of the year.
6. Tidjane Thiam (Credit Suisse)
Tidjane Thiam is highly paid as the CEO of Credit Suisse due to his successful leadership of the company. Since taking over in 2015, he has implemented sweeping changes to the bank’s strategy, cutting costs, increasing profits, and transforming the bank’s digital capabilities.
He has also improved the bank’s risk management, compliance, and governance systems, as well as its capital and liquidity position. These efforts have resulted in a turnaround in the bank’s performance, making it one of the most profitable and successful banks in the world.
7. Stuart Gulliver (HSBC)
As one of the world’s largest banking and financial services organizations, HSBC is a major force in the global economy. As the CEO of HSBC, Stuart Gulliver is responsible for the strategic direction of the company, driving its growth, and ensuring it remains a top player in the global banking sector. This is why he is one of the highest-paid bank CEOs in the world.
8. John Stumpf (Former CEO of Wells Fargo)
John Stumpf was one of the highest-paid bank CEOs in the world during his tenure at Wells Fargo. In 2016, he earned a total of $19.3 million in total compensation.
He was the highest-paid CEO of any bank in the United States in 2015, with a salary of $19.3 million. He was also the highest-paid executive at Wells Fargo in 2014, with more than $23 million in total compensation.
9. Jean-Laurent Bonnafe (BNP Paribas)
Jean-Laurent Bonnafe is highly paid because he is the CEO of BNP Paribas, one of the world’s largest banks. As the leader of this global financial institution, Bonnie is responsible for overseeing the bank’s operations, strategy, and performance.
He is also responsible for ensuring the bank’s financial stability and long-term success. As a result, he is compensated handsomely for his leadership and expertise.
10. Josef Ackermann (Former CEO of Deutsche Bank)
Josef Ackermann was one of the highest-paid bank CEOs in the world due to his success in turning around Deutsche Bank from a struggling business in 2002 into a major global financial institution.
He was also known for his innovative approach to banking and risk management, which helped the bank to become a global market leader. In addition to his salary, Ackermann was awarded substantial bonuses and stock options, further boosting his total compensation.