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Kenya Re extends MD's suspension

Suspended Kenya Reinsurance Corporation Group MD Dr Hillary Wachinga. [File, Standard]

Kenya Reinsurance Corporation has announced the extension of Managing Director Dr Hillary Wachinga's suspension for an additional 21 working days, effective from Thursday. 

In a public notice issued on Friday, the state-owned reinsurer said the decision was made "in accordance with the Capital Markets Act and its Regulations." 

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