Kenya Re appoints Dr Hillary Maina as new MD
Kenya Reinsurance Corporation Limited (Kenya Re) board has appointed Dr Hillary Maina Wachinga as the
new managing director subject to regulatory approvals.
Dr Wachinga takes over from Jadiah Mwarania, who left the corporation in December 2022 on terminal leave, after serving at the helm since April 11, 2011.
"In accordance with the Capital Markets Act and its Regulations, the Board of Directors of Kenya Reinsurance Corporation Limited wishes to announce and inform the public of the appointment of Dr Hillary Maina Wachinga as the Managing Director of the Corporation," Kenya Re said in a statement.
"Dr Hillary Maina Wachinga is a multiskilled strategic thinker with over 17 years of proven work experience in risk management, compliance and auditing - 16 of which have been at management level. His visionary and well-researched business solutions have maximized realization of corporate goals in entities he has worked for."
Hillary Maina's current job at Kenya Re
Before the appointment, Dr Wachinga served as Kenya Re's Risk and Compliance manager.
Dr Wachinga holds a doctorate in Business Administration, Masters in Business Administration and an undergraduate BSC degree in Computer Science – all from the University of Nairobi. He is also a Certified Public Accountant of Kenya (CPA-K), Certified Information Systems Manager (CISM), Certified in Risk and
Information Systems Control (CRISC), Certified Information Systems Auditor (CISA), Certified Enterprise Risk Manager (CERM) and Certified Compliance Analyst (CCA).
In addition, he has certificates in insurance proficiency (COP) from the College of Insurance, project management from Strathmore University and corporate governance from the Centre of Corporate Governance.
"Dr Wachinga’s key skills include corporate strategic planning, executive leadership, networking, coaching and mentorship, emotional intelligence skills, communication, budget development and implementation, board reporting, relationship management with key stakeholders and capacity building. He has industry knowledge and experience in various sectors – financial auditing, Banking, Insurance, Reinsurance, Investment, Project Management and Cybersecurity," the statement added.
He is a current part-time lecturer at Strathmore Business School, an avid golfer and a poet. He is a member of ICPAK, ISACA and both Royal Nairobi Golf Club and Nairobi Club.
