Co-op Bank boss pockets Sh287.5 million bonus

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Gideon Muriuki group managing director Co-operative Bank of Kenya at an earlier financials announcement. FILE PHOTO | NMG

Co-operative Bank of Kenya raised the bonus of its chief executive Gideon Muriuki by 7.9 percent to Sh287.5 million in the year ended December when the lender posted record earnings and dividend payout.

His bonus rose from Sh266.4 million the year before, marking a Sh21.1 million increase in absolute terms.

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