KCB executives get five per cent pay increase

KCB chief financial officer Lawrence Kimathi. PHOTO | FILE

KCB’s #ticker:KCB chief executive officer Joshua Oigara and chief financial officer Lawrence Kimathi are set for a five per cent basic pay rise after a similar increment last year, the country’s biggest bank has disclosed.

The new raise will cement the duo’s position among the highest-paid executives in the country, with the lender disclosing in its latest annual report that they took home a combined sum of Sh315 million in the year ended December.

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