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Annual Report 2011 - Hong Kong Monetary Authority

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(Note 15 cont’d) <strong>2011</strong> 2010<br />

Employee<br />

welfare<br />

expenses<br />

Total Employee<br />

welfare<br />

expenses<br />

Remuneration paid to members: (in thousands of CHF)<br />

Board of Directors - 4,210 - 4,713<br />

Baron Benjamin de Rothschild Chairman - - - -<br />

E. Trevor Salathé Vice-Chairman - 545 - 709<br />

Manuel Dami Secretary - 219 - 197<br />

Baroness Benjamin de Rothschild - - - -<br />

John Alexander - 2,321 - 2,738<br />

Luc J.Argand - 64 - 64<br />

Walter Blum Gentilomo - 187 - 187<br />

Michel Cicurel - 128 - 119<br />

François Hottinger - 62 - 62<br />

Veit de Maddalena - 189 - 60<br />

Klaus Jenny - 64 - 168<br />

Jacques-André Reymond - 60 - 151<br />

Daniel Yves Trèves - 213 - 132<br />

Jean Laurent-Bellue - 32 - -<br />

Guy Wais - 126 - 126<br />

Executive Committee 1,123 19,294 987 18,822<br />

Claude Messulam General Manager 125 4,724 123 5,562<br />

Total 1,123 23,504 987 23,535<br />

Since the fees paid to each individual are decided after the closing date of the annual financial<br />

statements, the above-mentioned fees are stated as per the accrual method.<br />

(Note 15 cont’d next page)<br />

Total<br />

FINANCIAL REPORT BPER ACCOUNTS 123

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