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List of Kenyan CEOs Who Own Shares in Top Companies, Their Salary
May 15, 2025
Wycliffe Musalia has over six years of experience in financial, business, technology, climate, and health reporting, providing deep insights into Kenyan and global economic trends. He currently works as a business editor at TUKO.co.ke.
Being a Chief Executive Officer (CEO) of a company in Kenya is one of the most lucrative jobs.
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Nairobi Security Exchange (NSE)-listed companies like Safaricom and Co-operative Bank allow executive members to own shares.
How executive members of companies are paid
An executive member of a company like Kenya Commercial Bank (KCB) earns a monthly salary plus bonuses and share dividends.
Top-paid CEOs in Kenya earn millions of shillings when these benefits are accrued on their salaries.
In the financial year ending December 31, 2024, KCB Group CEO Paul Russo earned KSh 80.3 million in salary, a bonus of KSh 131.7 million, allowances amounting to KSh 9.6 million, gratuity of KSh 24 million and non-cash benefits of KSh 4 million.
Below is the list of CEOs with shares in the companies they run and their salary:
Kenyan company CEOs with shares, their salary
1. Gideon Muriuki
The Co-operative Bank Kenya CEO holds 117,528,400 shares in the bank. This represents 2% of the total shares held.
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