Home News Very poor attempt at watering down Kenya Re’s sterling results

Very poor attempt at watering down Kenya Re’s sterling results

Kenya Re CEO Dr. Hilary Wachinga is facing fierce opposition despite steering the company to a record Ksh. 7.2 billion profit in 2023. A cabal of disgruntled insiders and outsiders is out to tarnish him.

by David N. John
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Last weekend, a stinker targeting Kenya Re CEO, one Dr Hilary Wachinga was released in a
serial sewerage-spewing blog run by a notorious online varmint on hire. Those privy to what is
brewing at Kenya Re know better than swallow the smelly tripe leaked by insiders line, hook and
sinker. If anything, some of the ranting in the hateful dispatch should be taken with a pick-up
load of salt.

The truth is that under Dr Wachinga’s stewardship, Kenya Re’s financial profit for 2023 stood
at Ksh. 7.2 billion, so far the highest by any regulated insurance player in Central and East
Africa.

Kenya Re MD Hillary Wachinga Under Fire as Leaked Complaint Exposes Corruption, Nepotism, Tribalism, and Abuse of Office - Nyakundi Report

Clearly, his consistent good performance is not sitting well with a few people in and
outside Kenya Re, a number who actually felt they had better chances of becoming CEO than
the current holder.

There is a lot more not told by Kenya Re’s merchants of antipathy who are on a mission to
pulverize the CEO. In a typical manner of giving a dog a bad name before hanging it upside
down then decapitating it, Kenya RE’s night-runners will spare nothing to lampoon Wachinga
when he least deserves it.

Not that the CEO is an angel and no one is anyway! However, perhaps his youthfulness is what
his detractors possibly cannot take. Whatever the case, there are a number of extremely
nefarious individuals in a cabal out to give Wachinga a rough time.

Kenya Re maintains Sh840m dividend as net profit retreats - Business Daily

Wachinga’s problems started when he was elevated to CEO level after toppling Kenya Re old
hands who contested alongside him to head the corporation. The lobbying that went on after the
interviews was as intense as it was vicious but the board settled for the Wachinga. Why? He
clearly emerged the best of the pack.

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Kenya Re’s immediate former CEO, a dark-hearted individual with a sense of entitlement
spanning the length of the diameter of planet earth couldn’t take it even after his tenure came to
an end. The cantankerous fellow even went to court on a matter that could only have favoured
him if he was in a court where wolves take charge of jurisprudence that adjudicates the conduct
of sheep.

Internally, there were several other individuals whose bid to become CEO was based on the
many years of service at Kenya Re in typical warped thinking that if a log stays in water long
enough it becomes a crocodile. Ridiculous, not so?

Anyway, so poor Wachinga gets the job and a coven of Kenya Re’s top witches hatches a plan
to pound the village boy who pulled himself with his bootstraps like yam. Then out of nowhere,
an outsider who had also been promised Kenya Re CEO job joins the squad baying for

Wachinga’s blood to much joy of an internal syndicate of cold-blooded reptiles.
From tomorrow, this forum will process six individuals (three daily for the next two days) to
smoke out enemies within the corporation who are manufacturing or have in the past
contributed to the foul air reeking to high heaven at Kenya Re.
Keep it here…

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