The Treasury has ejected four of its representatives from the Kenya Reinsurance Corporation (Kenya Re) board, including chairman Erick Gumbo, in a bid to quell tensions that have rocked the firm since last year.
Through a July 15 letter seen by the Business Daily, the Treasury informed the State-owned reinsurer that it had dropped Mr Gumbo, Abdirahin Abdi, Eunice Nyala and Zacharia Nyaaga from the board.