List: Kenya's Top Paid CEOs
KENYA: A quick check on what these top Chief Executive Officers take home every end month will shock you.
These Chief Executive Officers in Kenya can finance your measly KSh 30,000 a month nightlife in Nairobi, buy your girlfriend a KSh 100,000 wig, pay for your KSh 15,000 house rent for five years and still manage to go for a two weeks holiday at the Bahamas without even denting 10% of their salaries.
6. Joshua Oigara
The Kenya Commercial Bank Group CEO earns KSh 6.3 million a month, a salary similar to that of KCB Group Chief Finance Officer Lawrence Kimathi.
5. Jane Karuku
Jane is the Kenya Breweries Limited (EABL) Managing Director and earns a staggering KSh 7.2 million per month.
Remuneration of EABL executives rose five per cent while those of BAT, Safaricom, and KCB executives declined 11, four and two per cent respectively, partly due to executive changes.
4. Bob Collymore
Safaricom’s CEO Bob Collymore and former chief financial officer John
Tombleson who is married to a Kenyan took home an average monthly pay of Sh10.7 million in the year
ended March. Collymore has managed to drive Safaricom to profitability ever since he took over the reigns from Michael Joseph.
Mr Collymore in December last year disclosed that he earned about Sh8.9 million per month in employment income in the preceding 12 months.
3. Keith Gretton
The BAT Kenya CEO is the third best-paid employee in the country earning a cool KSh 13.2 million per month. His salary is the same with that of the company’s Chief Finance Officer Philip Lopokoiyit.
2. James Mwangi
Coming second is Equity Bank’s CEO James Mwangi who by the end of December 2015 was taking home a cool KSh 15.9 million per month.Mwangi is known for his business acumen especially in banking where he and other shareholders grew Equity bank for a nondescript building society to the giant its is today.
1. James Mworia
The Centum Investment chief executive earns a whooping KSh 16.7 million per month in salary which totals to a jaw-dropping KSh 201.1 million a year!
This places the 39-year-old at the apex of the best-earning CEOs in Kenya among the five best leading corporates at the Nairobi Securities Exchange in terms of market capitalisation.
Mr Mworia’s pay rose by a quarter from the previous Sh160.5 million or Sh13.3 million per month.
Mr Mworia’s pay increase matched the 25 per cent jump in Centum’s net profit to Sh9.9 billion in the year ended March.
SOURCE: Business Daily,
6. Joshua Oigara
5. Jane Karuku
Remuneration of EABL executives rose five per cent while those of BAT, Safaricom, and KCB executives declined 11, four and two per cent respectively, partly due to executive changes.
4. Bob Collymore
Mr Collymore in December last year disclosed that he earned about Sh8.9 million per month in employment income in the preceding 12 months.
3. Keith Gretton
2. James Mwangi
1. James Mworia
The Centum Investment chief executive earns a whooping KSh 16.7 million per month in salary which totals to a jaw-dropping KSh 201.1 million a year!
This places the 39-year-old at the apex of the best-earning CEOs in Kenya among the five best leading corporates at the Nairobi Securities Exchange in terms of market capitalisation.
Mr Mworia’s pay rose by a quarter from the previous Sh160.5 million or Sh13.3 million per month.
Mr Mworia’s pay increase matched the 25 per cent jump in Centum’s net profit to Sh9.9 billion in the year ended March.
SOURCE: Business Daily,
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