NCBA Bank CEO John Gachora was born in 1968 in Kenya, is an Engineer & Bank Executive.
After his master’s degree at MIT, he found employment on Wall Street with Credit Suisse. Later, he worked at Bank of America’s corporate headquarters in Charlotte, North Carolina, rising to the rank of Managing Director – Group Head, Investment Banking.
In January 2009, NCBA Bank CEO joined Absa Capital in Johannesburg, South Africa, rising to the rank of Chief Executive Officer of Absa Africa at Absa Group Limited, in November 2010.
In November 2013, he was appointed Group Managing Director and Group CEO of NIC Bank Group. a position he still occupied as of December 2014.
John Gachora, Was appointed NCBA Bank CEO in May 2019. NCBA bank was a unit that was created from the merger of NIC and CBA.
These two banks were owned by Philip Ndegwa and Kenyatta families.
As NCBA Bank CEO, John Gachora, Gachora is being paid a very good amount of money. In his last year annualized pay was made to the public.
He was paid a total of 94.9 million Kenyan Shillings.
It was for the year that ended 2019. This salary is equivalent to a gross monthly pay of 7.5 Million per month.
He is among the best-paid CEO in Kenya. In the latest per corona annualized pay, John Gachora’s salary comprised a salary of Sh. 64. million, this is about 5.4 million Kenyan shillings per month.
The previous year, Gachora, earned a salary of 57.6 million ksh, which is equivalent to 5.1 million per month.
John Gachora was poached by NIC Bank Group in 2013 from South Africa-based Barclays Africa where he was in charge of the multinational’s corporate and investment banking.
Now is NCBA Bank CEO, John Gachora is among the best-paid CEO in the country. Congratulations John Gachora.