I see many Heads/Directors/SVPs drive godcar, so surely not BoD

maybe they are frugal..

bcos usually in banks, Head of X, SVP and above, Director

are already quite decent level, with a fairly large team under them


But, VP and below, confirm not. just kuli

This post has been edited by James1983: Apr 30 2020, 08:12 AM

Even if they dont use the murican title convention of VP, there are still many running around with titles like manager, heads, and directors.

I wonder what they really do as compared to a junior exec

The term "executive" usually means that they can make decisions on whatever limited their degree is, as compared to lower employees who are doing as told, junior executive term is vague as in between can make decision vs follow level.
But like I say, most of it is empty title only, useless and confusing; just nice when introducing yourself.
In Japan, things are direct and literal - Shacho - Boss, Bucho - Department chief, Kacho - Section chief, Shunin - unit head.

usually in a bank C level > Head/Regional Head > director > VP > AVP >Manager > AM > sn exec > exec

How much a Head make a month?

To be appointed:

1) You just need to have close buddy in high level position
2) You know how be known by industries

one thing u should learn in the job market is not to take their business titles seriously especially banking sector

got one fren so proud "oh i made vp before i am 30"

unker duno wat to say

It is still very good nonetheless to make more than 5 figures before 30.
Sounded nicer than say I made more than 20k a month before 30.

can tell him/her "nothing special kiddo, throw a stone hit hundred VPs in banking"

cant bear to say that to her coz she was twiddling her thumbs, glowing, and going omgomgomg when she said that

unker just okey.jpeg

unker you're too kind

gip her 10 more years when she is hopping between banks still at vp level, then she will realise it herself

Is there a different between AM from Maybank (number 1 bank) vs AM from smaller bank like Affin or Alliance Bank)?

in terms of salary and in terms of prestige (for example... if you are an AM from Maybank.. you are actually equivalent to Affin's Manager..)

We ususally measure by how many levels below CEO. As an illustration

CEO = President
CEO - 1 = EVP (COO, CFO, CRO)
CEO - 2 = SVP (Heads of dept, e.g. Treasury, Relationship Banking, etc)
CEO - 3 = VP (Division or Team leads)
CEO - 4 = AVP (Mostly assistant managerial roles)

my current employer, glc mnc

SM / M - head of team/unit in sub company level
GM / SGM - C level (other than CEO) in sub company level
SGM - head of unit in group level or VP *at this level ur salary already exceed /k min requirement
VP - VP in group level or CEO in sub company level
SVP - C level in group level
GCEO - group CEO *6 figure salary

At least the associates and VPs in JP are paid more than triple than the same counterpart of say, Kenanga...

at 38, my friend already vp BUT BANK IN BANGKOK LAR

here only senior manager



but salary ciput

MNC also same? director is Manager?