Equity Group #ticker:EQTY has become the second big bank to report its directors’ remuneration under the newly introduced reporting rules, indicating that it paid its chief executive, James Mwangi, Sh56.74 million for the year ended December 2017.
The bank, Kenya’s second largest by assets, says Mr Mwangi was not paid a bonus for 2017 but earned Sh3.7 million in unspecified allowances, raising his total pay to Sh60.4 million.
