Absa Bank Kenya PLC

NASE:ABSA Stock Report

Market Cap: KSh100.5b

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 1.75 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 KES180.87K. The average tenure of the management team and the board of directors is 1.8 years and 4.7 years respectively.

Key information

Abdi Mohamed

Chief executive officer

KSh124.6m

Total compensation

CEO salary percentage28.9%
CEO tenure1.8yrs
CEO ownership0.0002%
Management average tenure1.8yrs
Board average tenure4.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Abdi Mohamed's remuneration changed compared to Absa Bank Kenya's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

KSh19b

Jun 30 2024n/an/a

KSh19b

Mar 31 2024n/an/a

KSh18b

Dec 31 2023KSh125mKSh36m

KSh16b

Compensation vs Market: Abdi's total compensation ($USD962.50K) is about average for companies of similar size in the KE market ($USD1.08M).

Compensation vs Earnings: Insufficient data to compare Abdi's compensation with company performance.

CEO

Abdi Mohamed (60 yo)

1.8yrs

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

NamePositionTenureCompensationOwnership
Adan Daud Mohamed
CEO, MD & Director1.8yrsKSh124.58m0.00018%
KES 180.9k
Yusuf Omari
CFO & Executive Director1.8yrsKSh109.58m0.0018%
KES 1.8m
Julius Mwangi
Chief Operating & Digital Officer1yrno datano data
Ken Kanyarati
Director of Compliance & Legalno datano datano data
Mumbi Kahindo
Director of People & Cultureno datano datano data
Christine Mwai-Marandu
Country Credit Directorno datano datano data
Joshua Ndung'u
Chief Internal Auditor of Kenya & Regional Directorno datano datano data
Chiera Waithaka
Chief Risk Officer8.1yrsno datano data
Sharon Ingari
Chief Internal Auditorno datano datano data
Wilson Murage
Acting Company Secretary1.3yrsno datano data

1.8yrs

Average Tenure

50yo

Average Age

Experienced Management: ABSA's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Adan Daud Mohamed
CEO, MD & Director1.8yrsKSh124.58m0.00018%
KES 180.9k
Yusuf Omari
CFO & Executive Director15.7yrsKSh109.58m0.0018%
KES 1.8m
Patricia Evelyn Ithau
Independent Non-Executive Director9yrsKSh7.26mno data
Charles Muchene
Independent Non-Executive Chairman of the Board8.5yrsKSh9.94mno data
Japheth Olende
Independent Non-Executive Director6.9yrsKSh7.20mno data
Louis Otieno
Independent Non-Executive Director6.9yrsKSh7.13mno data
Marion Gathoga-Mwangi
Independent Non-Executive Directorless than a yearno datano data
Fulvio Tonelli
Non-Executive Director4.3yrsKSh4.64mno data
Charles Murito
Independent Non-Executive Director4.7yrsKSh4.12mno data
Christine Sabwa
Independent Non-Executive Director3yrsKSh5.58mno data
Kedibone Imathiu
Independent Non Executive Director2.3yrsKSh4.10mno data

4.7yrs

Average Tenure

58yo

Average Age

Experienced Board: ABSA's board of directors are considered experienced (4.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/15 20:25
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Absa Bank Kenya PLC is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAfrican Alliance
null nullAIB-AXYS Africa Limited
Jaap MeijerArqaam Capital Research Offshore S.A.L.