The Kenya Re board of directors has terminated the contract of erstwhile CEO Jadiah Mwarania, following what has been termed a review of the company’s five year strategic plan. Mwarania has been at the helm of Kenya Re for the last 7 years. Before his appointment as CEO, he had been the acting managing director since 11th April 2010. He has worked with the corporation for over 20 years and was previously the general manager for reinsurance operations. Increased provisioning for doubtful debts from clients in Asia, Francophone countries in Africa and the middle east jumped  485 per cent and saw Kenya Re post a 7.5 per cent net profit drop in 2016, with indications that 2017 may have been an even tougher year.