Borrut earned about ₦190milllion in annual salary in 2018. There exist companies in Nigeria that pay highest salaries. Mr. Ferdinand Moolman is the highest paid chief executive officer (CEO) in Nigeria with a total remuneration N585.94 million for the year 2019. Also earning very highly is the chief executive of one of Nigerian’s New generation Bank, Guaranty Trust Bank, Mr. Agbaje whose paycheck is N399.7 million per annum. Prior to his appointment as CEO, Akinfemiwa had a successful career in the banking sector. He is a graduate of engineering from Manchester University; class of 1997, and assumed his position as CEO of Nestle Nigeria on October 1st, 2016. In other words, the CEO does virtually every duty in the firm as the growth or decline of a firm is determined by his or her decisions. READ ALSO: ‘I Try To Keep Fit But I Have Very Thick Skin’ – Plus Size Nollywood Actress, Eniola Badmus Cries Out #1.Ferdinand Moolman, MTN Nigeria Borrut Bel was appointed a member of the Board of Directors and the Managing Director/CEO of the Company effective the 22nd of January, 2018. One of the biggest annual take homes in the country. Kennedy Uzoka – Group MD of United Bank for Africa Plc. He was appointed Group Managing Director/CEO effective January 1, 2014. Borrut earned a salary of ₦190milllion in 2018. She is the highest paid director in Nigeria’s banking sector, with an annual remuneration of N177m. Prior […] Wigwe is an Alumnus of Harvard Business School Executive Management Programme. Mr. Adewale Tinubu (CEO Oando Plc) Augustine Avuru is the CEO and Managing Director of Seplat Petroleum Development Company Plc, a role he has held since May 2010. Required fields are marked *. With an annual pay of ₦217.07 million in 2019, Julius Berger’s Lars Richter was the highest-paid CEO in the construction and real estate sector. The report showed that 10 highest paid CEOs in Nigeria drive some of the Nigeria’s most delicate private sectors like Telecommunications, banking and oil & gas. He spent over 10 years at Guaranty Trust Bank where he managed several portfolios including Financial institutions, Corporates and Multinationals. Roger Brown has been appointed to replace Mr. Avuru. He has also served as a Strategic Assistant to Unilever’s President for Asia, Africa, Central, and Eastern Europe. Mr. Nsarkoh, Managing Director at Unilever Nigeria Plc, took home a total package of ₦330million in 2018 a 50.6 percent increase from what he earned in 2017. Adewale Tinubu is the Group Chief Executive of Oando PLC, Africa’s leading indigenous energy solutions provider listed on the Nigerian and Johannesburg Stock Exchanges. WhatsApp. Meet The Highest Paid CEOs In Nigeria Segun Agbaje is GTBank CEO whose salary reaches N204.2 million annually. The overall running and management of a firm falls on the table of the chief executive officer (CEO). He is also a member of the Institute of Directors and the Nigerian Bar Association. By 2002, Mr. Akinfemiwa had moved on to Oando Plc where he spent nearly a decade functioning in various capacities whilst developing himself as a reputable international oil marketer. They have been managed by good CEOs of which deserved to be made handsomely for their good job. Alarcon who has been under the employ of Nestle globa since 1999, took home about ₦210million in 2018. Adewale Tinubu – CEO, Oando Plc. These companies have over the years built a solid reputation in their various industries and sector. Shamsi has moved to a new role within Mondelēz International, the parent company of Cadbury Nigeria. CEO, Ecobank Nigeria, Jubril Aku According to a Banks’ Financial Transparency report, as at 2009, the bank ranked second on the list of highest paid bank CEOs in Nigeria, with N88m per annum as salary for its CEO. He has held various commercial positions, first as Distribution Project Manager in Slovakia and thereafter as Brand Manager at Heineken France followed by a Trade Marketing role at Group Commerce in Amsterdam. Kennedy Uzoka of Uba Bank – N119 million. He also supervised the bank’s businesses in New York and London. is a foremost indigenous major marketer of refined petroleum products with strong presence in the 36 states of the federation and Abuja. However, the company recently announced the appointment of Mrs. Oyeyimika Adeboye, as its new Managing Director. Below is top 10 list of highest paid CEOs in Nigeria:-. Hard not to make the list of top earning chief executive is the CEO of Nigeria Breweries, Mr. Jordi Borrut Bel whose annual remunerations is pegged at N271 million. A chief executive officer (CEO) is the highest-ranking executive in a company, ... Meet The Top 5 Highest Paid CEOs In Nigeria And The Huge Money They Make. Avuru earned a compensation totaling ₦483 million in 2018, an increase from ₦476 million which he earned in 2017. Required fields are marked *. Borrut earned a salary of ₦190milllion in 2018. The position of chief executive officer places enormous responsibility on the shoulder of these great men. Mr. Yaw Nsarkoh, the CEO of Unilever Nigeria Plc made the list of best paid chief executive officers with whopping annual earnings of N302.52 million. Twitter. Below are the list of best and highest paid CEOs in Nigeria. Peter Amangbo, Zenith Bank has […] Herbert Wigwe earned ₦90 million in annual salaries in 2018 the same amount earned in the previous year. Wigwe started his professional career with Coopers and Lybrand Associates, an international firm of Chartered Accountants. MTN CEO is the highest earning CEO in Nigeria. He began his career with Deloitte Haskins & Sells and resigned from the company as a Senior Audit Consultant. The chief executive officers who manages some of the biggest companies in Nigeria are some of the smartest people you do meet in the business world. He joined the Heineken N.V. group in 1997 as a Sales Representative at Heineken Spain. It makes a lot of sense that the CEO of the biggest company listed on the Nigerian bourse should be the highest-paid CEO in Nigeria. LEADERSHIP Friday unveils some of Nigeria’s highest paid CEOs and the stories behind their rise to the top, based on authoritative reports, between 2009 and 2012. Some of the biggest companies in Africa are either Nigerian owned firms or operates in the country. Highest Earning CEOs in 2018. SO in today’s post, we will list the highest paid bank CEOs in Nigeria. By Gabs October 17, 2020 2 Mins Read. Its Nigerian business known as Mtn Nigeria is manage by Mr. Ferdinand Moolman. Avuru is a Fellow of the Nigerian Association of Petroleum Explorationists, and was their president once upon a time. Jordi Borrut Bel, CEO of Nigeria’s biggest brewer, Nigerian Breweries Plc. Far from reality, in every firm or coy, no employee works more than the chief executive officer. He is the third highest paid CEO for the year 2019. Share. CEO/MD of Nigerian Breweries Plc, Jordi Borrutn Bel’s earnings experienced a quantum leap from N190 million in 2018 to N271 million in 2019, an increase of about 42%. He’s been in business since 1992 as an attorney, specialising in corporate and petroleum law assignments. 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