By JOHN MUTUAMore by this AuthorGideon Muriuki, the Co-operative Bank chief executive, will earn Sh103 million as dividend from the lender, cementing his position as the best paid executive among his peers leading listed companies. This will earn Mr Muriuki Sh103.8 million from his 1.77 per cent stake in Co-op Bank. Co-op Bank paid Mr Muriuki a total of Sh370 million in the year ended December 2017 — Sh99.8 million in salary and allowances and a Sh270.7 million bonus. The bank share’s current pricing at Sh15.55 means Mr Muriuki’s stake in the bank is worth Sh1.61 billion. Mr Muriuki bought half of the shares that had been set aside for allocation to directors and top executives.

Source: Daily Nation March 24, 2019 10:30 UTC