List Of Highest-Paid CEO In Kenya
In this article Keweb.co tries to answer the question by publishing the full list of Highest-Paid CEO in Kenya
Below are the full List of Highest-Paid CEO In Kenya
1. Gideon Muriuki- CEO of Co-operative Bank
The Co-operative Bank of Kenya’s CEO Mr. Gideon Muriuki is ranked amongst the highest-paid CEOs in Kenya with a monthly earning of Ksh31.37 million, which equates to a Ksh376.5 million yearly salary. This makes him the highest-paid firm CEO in Kenya. His compensation consists of a salary of roughly Ksh105 million and a massive bonus of Ksh271 million.
2. CEO Joshua Oigara Commercial Bank of Kenya (KCB)
With an estimated monthly payment of Ksh22.75 million, Joshua Oigara, CEO of KCB Bank of Kenya, is the second-highest-paid CEO in Kenya. This is equivalent to a yearly salary of roughly 273 million Ksh. His compensation consists of a 68-million-shilling salary, 10 million shillings in allowances, 14 million shillings in gratuity, 180 million shillings in bonus, and 1 million shillings in non-cash perks.
3. East African Breweries Limited CEO Andrew Cowan (EABL)
He is the CEO and director of East Africa Breweries Limited. with an estimated monthly compensation of Kshs. 9.67 million and a Kshs. 116 million yearly salaries.
4. Safaricom CEO Peter Ndegwa
The largest telecommunications business in East Africa, Safaricom, is currently led by this 50-year-old man. After the death of the previous CEO, Bob Collymore, he was appointed to this role. Before being nominated as CEO in October 2019, Michael Joseph had been designated as the temporary CEO. He receives a monthly payment of roughly Kshs. 9 million.
5. Kenya Airways CEO Allan Kilavuka
He serves as CEO of Kenya Airways. Mbuvi Gunze makes around Ksh8.5 million every month. The equivalent annual pay is Kshs102 million.
6. Jeremy Awori- CEO ABSA (Formerly Barclays Bank)
For some time, Absa, formerly Barclays Bank, has been seeing consistent growth. The current CEO receives annual compensation of around Kshs101.2 million, or roughly Kshs8.43 million per month.
His salary is Kshs34.3 million, cash bonuses totaling Kshs24.7 million, deferred cash and share value plan of Kshs12.5 million, and pensions and other benefits totaling Kshs29.8 million make up his total compensation.
For some time, Absa, formerly Barclays Bank, has been seeing consistent growth. The current CEO receives annual compensation of around Kshs.101.2 million, or roughly Kshs.8.43 million per month.
His salary is Kshs.34.3 million, with cash bonuses totaling Kshs24.7 million, deferred cash and share value plan of Kshs.12.5 million, and pensions and other benefits totaling Kshs29.8 million make up his total compensation.
7. Benson Wairegi- CEO Britam
The monthly salary of Benson Wairegi, CEO of BRITAM Insurance Company, is approximately Kshs6.8 million. This equates to approximately Kshs81.7 million annually. He is paid a salary of Kshs63.2 million, a gratuity of Kshs17.1 million, and Kshs1.2 million in non-cash benefits.
8. James Mwangi- CEO Equity Bank
Benson Wairegi, the CEO of BRITAM Insurance Company, receives a salary of about Kshs6.8 million every month. This is equivalent to about Ksh81.7 million per year. He receives a salary of Ksh63.2 million shillings, a gratuity of 17.1 million shillings, and non-cash perks of 1.2 million shillings.
9. Beverley Spencer Obatoyinbo – CEO BATK
As the first female CEO on this list, she currently earns the highest salary of any female CEO in Kenya. In May 2017, Beverley was promoted to the position of Managing Director and CEO at British American Tobacco Kenya, a position she has so far performed exceptionally well in. She receives a salary of roughly a Kshs5 million per month or Ksh60 million per year.
10. James Mworia- CEO Centum
Mr. James Mworia is the 42-year-old CEO of Centum. He receives a salary of Kshs3.75 million each month or around Kshs45 million annually.