At the last AGM, if you look at the NTUC Income Annual report, it will reveal the Chairman and Director's fees. The fees are so low, and imagine the responsibility the Board shoulder in guiding the Co-operative forward.
I wonder why these group of professionals serve on NTUC Income Board that pays them so low a fee. I believe these group of men are giving their service back to society seating on the Board, especially the Chairman.
If you have attended the last AGM, you will feel the heavy responsibility this Board shoulders in bringing and guiding NTUC Income forward for the benefit of policyholders, despite the low director fees they receives.
The mission statements of the Chairman and CEO are as follows if you click on the link below or go to NTUC Income website.
- CEO's Statement on Bonus Re-structure
- Chairman's Speech at the AGM
- FAQ on Bonus Re-structure
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