How Kenya Re board ousted and replaced CEO in ‘two minutes’

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Former Kenya Re managing director, Jadiah Mwarania. FILE PHOTO | NMG

On March 28, the Kenya Reinsurance Corporation board had a very short meeting. In two minutes, the board had settled on a chief executive replacing Jadiah Mwarania.

The board, according to court documents, picked Hillary Maina Wachinga as the new CEO, drafted the appointment letter, sent him the letter for perusal and executed all these processes within two minutes.

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