Home > Salary > Ethiopia > Senior Managing Director
A senior managing director is a high-level executive responsible for overseeing and managing the operations of a company or organization. They hold a key leadership role, typically reporting directly to the CEO or board of directors. Their primary responsibilities include developing and implementing strategic plans, setting goals and objectives, and ensuring the overall success of the organization.
Senior managing directors are involved in decision-making processes, establishing policies and procedures, and managing budgets and resources. They play a crucial role in building and maintaining relationships with key stakeholders, such as clients, investors, and regulatory bodies. Additionally, they provide guidance and support to department heads and teams, ensuring effective communication and collaboration across the organization.
Estimated Yearly Salary: 336,858 ETB
Estimated Monthly Salary: 28,072 ETB
Estimated Weekly Salary: 6,478 ETB per week
Estimated Hourly Salary: 162 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 27,205 ETB
Estimated Weekly Salary: 6,278 ETB per week
Estimated Hourly Salary: 157 ETB per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 5,614 USD
Estimated Monthly Salary: 468 USD
Estimated Weekly Salary: 108 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 336,858 ETB
Estimated Monthly Salary: 28,072 ETB
Estimated Weekly Salary: 6,478 ETB per week
Estimated Hourly Salary: 162 ETB per hour
By working as Senior Managing Director a person can save up to 391 USD per month or 4,692 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Senior Managing Director
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Perinatologist (846,300 ETB per year, pre-tax.)
Reservations manager (91,516 ETB per year, pre-tax.)
Trading systems support specialist (173,832 ETB per year, pre-tax.)
Pipeline integrity specialist (159,480 ETB per year, pre-tax.)
Game tester (53,941 ETB per year, pre-tax.)
Senior Managing Director salary in Ethiopia
Average Yearly Salary of Senior Managing Director in Ethiopia is approximately 336,858 ETB (5,614 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Senior Managing Director do?
A senior managing director is a high-level executive responsible for overseeing and managing the operations of a company or organization. They hold a key leadership role, typically reporting directly to the CEO or board of directors. Their primary responsibilities include developing and implementing strategic plans, setting goals and objectives, and ensuring the overall success of the organization.
Senior managing directors are involved in decision-making processes, establishing policies and procedures, and managing budgets and resources. They play a crucial role in building and maintaining relationships with key stakeholders, such as clients, investors, and regulatory bodies. Additionally, they provide guidance and support to department heads and teams, ensuring effective communication and collaboration across the organization.
Skills: Senior Managing Director, Executive Leadership, Strategic Planning, Operations Management, Stakeholder Engagement, Decision Making
Job industry: Finance
Job industry: Finance
How much does Senior Managing Director make?
Salary details
How much does Senior Managing Director make?Estimated Yearly Salary: 336,858 ETB
Estimated Monthly Salary: 28,072 ETB
Estimated Weekly Salary: 6,478 ETB per week
Estimated Hourly Salary: 162 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 326,460 ETBEstimated Monthly Salary: 27,205 ETB
Estimated Weekly Salary: 6,278 ETB per week
Estimated Hourly Salary: 157 ETB per hour
Last revision of data: 2024-01-06Senior Managing Director estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 5,614 USD
Estimated Monthly Salary: 468 USD
Estimated Weekly Salary: 108 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Managing Director job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Managing Director in Ethiopia earns on average:
3.2 times the average salary (or 320% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Senior Managing Director job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Senior Managing Director in Ethiopia earns on average:
3.2 times the average salary (or 320% of average salary).
Is Senior Managing Director a well paid job?
Yes, our data show that Senior Managing Director is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Senior Managing Director?
High salary for Senior Managing Director would be somewhere between 370,544 ETB and 488,444 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Senior Managing Director in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 336,858 ETB
Estimated Monthly Salary: 28,072 ETB
Estimated Weekly Salary: 6,478 ETB per week
Estimated Hourly Salary: 162 ETB per hour
By working as Senior Managing Director a person can save up to 391 USD per month or 4,692 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Senior Managing Director
Sudan is 2,233 USD
Kenya is 17,536 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Perinatologist (846,300 ETB per year, pre-tax.)
Reservations manager (91,516 ETB per year, pre-tax.)
Trading systems support specialist (173,832 ETB per year, pre-tax.)
Pipeline integrity specialist (159,480 ETB per year, pre-tax.)
Game tester (53,941 ETB per year, pre-tax.)
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