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Equity Group CEO James Mwangi earned Sh213 million more last year

Equity Bank group managing director & CEO Dr. James Mwangi. [Fila, Standard]

Equity Group Chief Executive Officer James Mwangi pocketed Sh278.5 million in earnings for the year ended December 2020, emerging as the highest-paid top executive in the country’s financial services sector last year.

Data from Equity Group’s latest annual report indicates that Mwangi’s earnings include a Sh194.5 million gratuity, Sh56.7 million in basic pay and Sh13.9 million in leave pay compared to the Sh65 million he took home in 2019.

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