19.9 C
Nairobi
Friday, April 26, 2024

The late Bob Collymore’ net wealth, properties and salary at Safaricom

On

Related stories

JamboBet’s MegaCrash tournament churns out daily winners

JamboBet, a leading online gaming and betting website, has...

Position Statement on detention of Kenya Airways employees in Kinshasa

Kenya Airways (KQ) confirms that on Friday, April 19th,...

Mombasa Tycoon mourned by his two wives as each wife publishes own obituary on Daily Nation

The passing of Mombasa-based engineer Kata Matemu has become...

HMD launches first Original Collection – Finger on The Pulse

Tech innovator Human Mobile Devices (HMD) has today revealed...

Naiboi resurfaces years after unfollowing everyone on Instagram

Fans of the artist NaiBoi have bombarded him with...

Bob Collymore Net Worth: The late Safaricom’s Chief Executive Officer Bob Collymore was earning a salary in excess of Sh. 9 million per month. The lat top CEO first revealed his salary bin 2015, which stood at Sh. 9 million per month.

When he first spoke about his pay, Mr. Bob Collymore stated that he had accumulated Sh. 109.5 million in the 12 months of the 2015 financial year, including interests and dividends.

According to a declaration of wealth posted by Bob Collymore, he had a net worth of Sh. 277.3 million in cash, properties and shares at the time.

Bob Collymore owned a Sh. 54 million residential house in London, UK and had Sh. 18.3 million worth of shares in Safaricom as of 2015. He also owned property in Kenya believed to be worth millions.

Mr. Robert William Collymore (Bob) was the Chief Executive Officer at Safaricom Limited since November 1, 2010. Mr. Collymore served as a Governance Director for Africa at Vodafone. Mr. Collymore served as Chief Officer Corporate Affairs at Vodacom Group Limited. Mr. Collymore served as Purchasing Director for UK business of Vodafone. He spent most of his career in the telecommunications industry starting with British Telecommunications where he held a number of marketing, purchasing and commercial roles over a 15 year period.

Bob Collymore Net Worth
The late Safaricom CEO Bob Collymore.

From 1994 to 1998, he served as Purchasing Director for Dixons Stores Group, the largest electrical retailer in the UK. Mr. Collymore served as Global Handset Purchasing Director of Vodafone since 2000 and responsible for its handset business across 26 countries and in 2003, he moved to Japan in the more commercial role of Consumer Marketing Director (Asia). He was a Non Executive Director of Safaricom Limited since September 5, 2006. He served as Non Executive Director at Vodacom Group (Proprietary) Limited from September 2006 to February 24, 2009. He moved to the United Kingdom in 1974 where he completed his formal education.

Bob Collymore, who had placed himself at the head of President Uhuru Kenyatta’s fight against corruption, had published his wealth as part of the private sector initiative with government.

The government had vowed to blacklist companies and directors who engage in corruption to disqualify them from accessing government tenders.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

Leave a Reply