Equity Group CEO James Mwangi and his NCBA counterpart John Gachora earned a combined Sh362.37 million last year on increased salary and bonuses, signalling increased pay for top executives in the banking industry on the back of double-digit growth in profits last year.
Mr Mwangi’s earnings jumped 49 percent to Sh213.64 million, including a Sh53 million bonus, having missed out on the incentive pay in 2021, regulatory filings show.
