London based African and Middle Eastern banks salary survey 2016

Page Executive recently conducted a salary review on a number of roles at small and mid-sized African and Middle Eastern banks based in London. The original report was commissioned to assist a client in strategically reviewing their compensation policies in London with a view to improving staff development and retention.
The roles covered include:
  • Audit / Operational Risk
  • Board Level 
  • Capital Markets / FX Trading
  • CEO
  • Compliance
  • Credit Risk
  • Finance
  • Human Resources
  • IT
  • Legal
  • Operations
  • Structured Finance, Project Finance & Syndications
  • Structured & Vanilla Trade Finance 
  • Treasury, Market & Liquidity Risk
  • Relationship Manager
Each role was broken down into levels of experience (where applicable), with a base salary and bonus range.


Representatives from Page Executive conducted phone and face to face interviews with over 100 contacts and candidates from African and Middle Eastern banks based in London. The salary survey was emailed to over 500 contacts from the Michael Page and Page Executive databases and via LinkedIn. Interviews were conducted with several CEOs and heads of HR from relevant banks in London.
Salary Tables (excerpt from the executive summary):
Structured & Vanilla Trade Finance

Structured & Vanilla Trade Finance



The Full Survey

An executive summary, which includes salary tables for each aforementioned role, has been provided to the participants of the survey to thank them for their time. Copies of the executive summary are available upon request.
If you are interested in receiving a copy of the full report, which includes over 500 individual salaries and bonuses for roles across a wide selection of African and Middle Eastern banks in London, please do not hesitate to get in touch.
Bespoke reports can be commissioned and tailored to meet the exact requirements of your bank or on a case-by-case basis.
If you would like to explore any of these options or have any further questions please contact Tara Bagley, Director at Page Executive, for a confidential discussion.
Tara Bagley
T: 0207 645 1434