Top 10 Highest Paid Company CEOs In Kenya

This is a list of the top 10 highest-paid company CEOs in Kenya. A company’s highest-ranking official is the Chief Executive Officer (CEO).

He or she is in charge of making managerial decisions. As a result, it goes without saying that this person is automatically paid the most in the company’s employee category.

A CEO may or may not be the company’s owner. Kenya has a large number of CEOs who are clothed in upright wealth. The following is a list of the top ten highest-paid company CEOs in Kenya in 2022.

Top 10 Highest Paid Company CEOs In Kenya

1. Gideon Muriuki- CEO of Co-operative Bank

Gideon Muriuki
Cooperative Bank of Kenya’s CEO is Mr. Gideon Muriuki. He is the highest-paid company CEO in Kenya, earning approximately Kshs. 31.37 million per month, for a total annual salary of Kshs. 376.5 million.

His remuneration consists of a salary of approximately Kshs. 105 million plus a bonus of Kshs. 271 million.

2. Joshua Oigara- CEO Kenya Commercial Bank (KCB)

highest paid company CEOs

With a monthly salary of approximately Kshs. 22.75 million, Joshua Oigara, CEO of KCB Bank of Kenya, is the second highest paid CEO in Kenya. This equates to a yearly salary of approximately Kshs. 273 million.

His remuneration includes a salary of Kshs. 68 million, allowances of Kshs. 10 million, a gratuity of Kshs. 14 million, a bonus of Kshs. 180 million, and non-cash benefits of Kshs. 1 million.

3. Andrew Cowan- CEO East African Breweries Limited (EABL)

East Africa Breweries Limited’s director and CEO is him. Andrew Cowan earns approximately Kshs. 9.67 million per month, for a total annual salary of Kshs. 116 million.

4. Peter Ndengwa- CEO Safaricom

highest paid company CEOs

This 50-year-old is the current CEO of Safaricom, East Africa’s largest telecommunications company. He took over as CEO after the death of the previous CEO, Bob Collymore.

Michael Joseph served as interim CEO before him being named CEO in October 2019. He earns about Kshs. 9 million per month, which equates to about Kshs. 108 million per year.

Read Peter Ndegwa Bio, Age, Career, Education, Wife, and Net Worth.

5. Allan Kilavuka- CEO Kenya Airways (KQ)