Page 285 - Bank Muamalat_AR24

ANNUAL REPORT 2024 1 2 3 4 5 6 7 Our Numbers 8 283

37. KEY MANAGEMENT PERSONNEL REMUNERATION

Key management personnel are defined as those persons having authority and responsibility for planning, directing and
controlling the activities of the Group and the Bank either directly or indirectly.

The remuneration of Chief Executive Officers’ and other key members of management during the financial year was
as follows:
Group
2024 2023
RM’000 RM’000

Short-term employees benefits (salary, bonus, allowances) 13,831 10,457

Included in the total key management personnel are:
Chief Executive Officers’ remuneration (Note 36(a)) 3,682 3,482

Number of employees categorised as key management personnel of the Group as at 31 December 2024 was 16
(2023: 12).

Bank
2024 2023
RM’000 RM’000

Short-term employees benefits (salary, bonus, allowances) 13,462 10,022

Included in the total key management personnel are:
Chief Executive Officer’s remuneration (Note 36(a)) 3,313 3,047

Number of employees categorised as key management personnel of the Bank as at 31 December 2024 was 15 (2023: 11 ).

38. OTHER OVERHEADS AND EXPENDITURES

Group Bank
2024 2023 2024 2023
RM’000 RM’000 RM’000 RM’000

Marketing
Advertisement and publicity 14,682 7,725 14,682 7,725
Donation and sponsorship 663 284 663 284
Others 1,493 846 1,487 844
16,838 8,855 16,832 8,853