In Summary
  • Jadiah Mwarania, who was appointed MD on April 2011, in an interview said he was “shocked” at his sacking, adding that he had not received any explanation from the board on the matter.
  • He says he learned of his sacking moments after reporting to work on Monday when Kenya Re board chairman David Kemei asked him to leave, drawing the curtains on his over two decades stay at the reinsurance agency.

Sacked Kenya Re managing director Jadiah Mwarania on Monday expressed shock at his sudden dismissal, claiming he did not know the reasons why he was pushed out of the State corporation’s corner office.

Mr Mwarania, who was appointed MD on April 2011, in an interview said he was “shocked” at his sacking, adding that he had not received any explanation from the board on the matter.

He says he learned of his sacking moments after reporting to work on Monday when Kenya Re board chairman David Kemei asked him to leave, drawing the curtains on his over two decades stay at the reinsurance agency.

The board in a statement said the CEO was shown the door to pave the way for fresh blood to steer the business.

“I reported to work as usual and was told to leave by the chairman of the board,” Mr Mwarania said in an interview moments after his departure was announced by the Kenya Re through the Nairobi Securities Exchange (NSE).

“I am shocked. I have not been formally served with a termination letter or told why I have been asked to leave.”

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