Cooperative Bank of Kenya CEO Gideon Muriuki takes home a whooping Ksh 31 million every month, largely due to huge bonuses he receives.
According to a wealth report published by a local newspaper, Co-op Bank CEO beat all the CEOs of companies currently listed in the Nairobi Stock Exchange by taking home Ksh 376.4 million annual salary.
Muriuki has an annual salary of Ksh 105.4 million and bonuses totaling Ksh 271 million. His annual gross salary puts him ahead of KCB CEO Joshua Oigara who takes home Ksh 273 million. Oigara’s monthly basic salary is Ksh 22.75.
Although they owe us nothing at all, I wish such CEOs were more like Award Winning teacher Peter Tambichi. Tambichi won the World’s Best Teacher award, and shared his Ksh 100 million reward with needy students from Keriko Mixed Secondary School in Njoro.