Former KCB #ticker:KCB chief executive Martin Oduor-Otieno was paid an equivalent of Sh1.47 million per month last year for his role as a non-executive director of South Africa’s Standard Bank Group, dwarfing compensation packages of most Nairobi Securities Exchange-listed firms.
The continent’s largest bank disclosed the compensation of its board of directors in its latest annual report, which shows that Mr Oduor-Otieno earned a total of R2.2 million (Sh17.7 million) in the year ended December 2016.