Absa Bank Kenya Management
Management criteria checks 2/4
Absa Bank Kenya's CEO is Abdi Mohamed, appointed in May 2023, has a tenure of 1.08 years. total yearly compensation is KES124.58M, comprised of 28.9% salary and 71.1% bonuses, including company stock and options. directly owns 0% of the company’s shares, worth KES135.90K. The average tenure of the management team and the board of directors is 1.1 years and 5.1 years respectively.
Key information
Abdi Mohamed
Chief executive officer
KSh124.6m
Total compensation
| CEO salary percentage | 28.9% |
| CEO tenure | 1.1yrs |
| CEO ownership | 0.0002% |
| Management average tenure | 1.1yrs |
| Board average tenure | 5.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | KSh18b |
| Dec 31 2023 | KSh125m | KSh36m | KSh16b |
Compensation vs Market: Abdi's total compensation ($USD972.34K) is about average for companies of similar size in the KE market ($USD956.43K).
Compensation vs Earnings: Insufficient data to compare Abdi's compensation with company performance.
CEO
Abdi Mohamed (60 yo)
1.1yrs
Tenure
KSh124,579,069
Compensation
Mr. Adan Daud Abdulla Mohamed, also known as Abdi, JD, EBS, LLB (Hons) serves as Chief Executive Officer & Managing Director at Absa Bank Kenya PLC since May 01, 2023 and also serves as its Director since...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.1yrs | KSh124.58m | 0.00018% KES 135.9k | |
| CFO & Executive Director | 1.1yrs | KSh109.58m | 0.0018% KES 1.4m | |
| Chief Operating & Digital Officer | less than a year | no data | no data | |
| Director of Compliance & Legal | no data | no data | no data | |
| Director of People & Culture | no data | no data | no data | |
| Country Credit Director | no data | no data | no data | |
| Chief Internal Auditor of Kenya & Regional Director | no data | no data | no data | |
| Chief Risk Officer | 7.4yrs | no data | no data | |
| Chief Internal Auditor | no data | no data | no data | |
| Acting Company Secretary | less than a year | no data | no data |
1.1yrs
Average Tenure
50yo
Average Age
Experienced Management: ABSA's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, MD & Director | 1.1yrs | KSh124.58m | 0.00018% KES 135.9k | |
| CFO & Executive Director | 15yrs | KSh109.58m | 0.0018% KES 1.4m | |
| Independent Non-Executive Director | 8.3yrs | KSh7.26m | no data | |
| Independent Non-Executive Chairman of the Board | 7.8yrs | KSh9.94m | no data | |
| Independent Non-Executive Director | 6.3yrs | KSh7.20m | no data | |
| Independent Non-Executive Director | 6.3yrs | KSh7.13m | no data | |
| Non-Executive Director | 3.7yrs | KSh4.64m | no data | |
| Independent Non-Executive Director | 4yrs | KSh4.12m | no data | |
| Independent Non-Executive Director | 2.3yrs | KSh5.58m | no data | |
| Independent Non Executive Director | 1.6yrs | KSh4.10m | no data |
5.1yrs
Average Tenure
58.5yo
Average Age
Experienced Board: ABSA's board of directors are considered experienced (5.1 years average tenure).