Equity Bank Group #ticker:EQTY left the pay of chief executive James Mwangi unchanged at a total of Sh60.4 million last year when its net profit jumped by five percent to Sh19.8 billion for the year ending December 2018.
The bank, Kenya’s second largest by assets, says Mr Mwangi was not paid a bonus for 2018 but earned a salary of Sh56.73 million or Sh4.72 million per month and an allowance of Sh3.744 million in the year ended December, same as the previous year.
