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
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)
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
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)
He is Kenya Airways’ CEO. He earns approximately Kshs. 8.5 million per month. This equates to a yearly salary of Kshs. 102 million.
6. Jeremy Awori- CEO ABSA (Formerly Barclays Bank)
Absa (previously Barclays Bank) has been growing steadily for some time. The current CEO receives a monthly salary of approximately Kshs. 8.43 million, translating to an annual salary of approximately Kshs. 101.2 million.
His remuneration includes a salary of 34.3 million shillings, a cash bonus award of 24.7 million shillings, deferred cash and share value plan worth 12.5 million shillings, and pensions and other benefits worth 29.8 million shillings.
7. Benson Wairegi- CEO Britam
Every month, Benson Wairegi, CEO of BRITAM Insurance Company, earns approximately Kshs. 6.8 million. This amounts to approximately Kshs. 81.7 million per year.
He is compensated with a salary of Kshs. 63.2 million, a gratuity of Kshs. 17.1 million, and non-cash benefits of Kshs. 1.2 million.
Read Benson Wairegi Bio, Age, Career, Education, Family, Wife, and Net Worth.
8. James Mwangi- CEO Equity Bank
Mr. James Mwangi, CEO of Equity Bank, receives a monthly salary of approximately Kshs. 5.042 million. This equates to a yearly salary of Kshs. 60.5 million. The salary is Kshs. 56.73 Million per year, with an allowance of Kshs.3.744 million.
James Mwangi also has a 5.52 percent stake in Equity Group Holdings, which owns the bank.
Read James Mwangi Bio, Age, Career, Education, Family, Wife, Net Worth.
9. Beverley Spencer Obatoyinbo – CEO BATK
She is the first female CEO on this list, and she is currently the highest-paid female CEO in Kenya. Beverley was named Managing Director and CEO of British American Tobacco Kenya in May 2017, a position she has held successfully to date. She earns about ksh.5 million per month, for a total annual salary of ksh.60 million.
10. James Mworia- CEO Centum
Mr. James Mworia, Centum’s CEO, is 42 years old. He receives a monthly salary of Kshs. 3.75 million, which equates to approximately Kshs. 45 million per year.
Read James Mworia Bio, Career, Salary, Education, Age, Family, Wife and Net Worth