Kenya Reinsurance Management
Management criteria checks 1/4
We currently do not have sufficient information about the CEO.
Key information
Hillary Wachinga
Chief executive officer
KSh19.6m
Total compensation
| CEO salary percentage | 95.9% |
| CEO tenure | 1.7yrs |
| CEO ownership | n/a |
| Management average tenure | 1.3yrs |
| Board average tenure | 2.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | KSh5b |
| Mar 31 2024 | n/a | n/a | KSh5b |
| Dec 31 2023 | KSh20m | KSh19m | KSh5b |
Compensation vs Market: Hillary's total compensation ($USD150.92K) is below average for companies of similar size in the KE market ($USD354.79K).
Compensation vs Earnings: Insufficient data to compare Hillary's compensation with company performance.
CEO
Hillary Wachinga (44 yo)
1.7yrs
Tenure
KSh19,554,609
Compensation
Dr. Hillary Maina Wachinga is Managing Director and Executive Director of Kenya Reinsurance Corporation Limited from April 2023. He was Manager of Risk & Compliance Department at Kenya Reinsurance Corporat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 1.7yrs | KSh19.55m | no data | |
| General Manager of Finance & Credit Control | less than a year | no data | no data | |
| General Manager of Property & Investments | less than a year | no data | no data | |
| Chief Accountant | less than a year | no data | no data | |
| Manager of Marketing & Business Development | no data | no data | no data | |
| Manager of Human Resource Department | 19.4yrs | no data | no data | |
| Manager of Credit Control Department | 4.9yrs | no data | no data | |
| Company Secretary | no data | no data | no data |
1.3yrs
Average Tenure
Experienced Management: KNRE's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 1.7yrs | KSh19.55m | no data | |
| Independent Non-Executive Chairman of the Board | 2.5yrs | KSh2.65m | no data | |
| Independent and Non-Executive Director | 5.4yrs | KSh3.03m | no data | |
| Independent & Non-Executive Director | 5.4yrs | KSh2.86m | no data | |
| Independent & Non-Executive Director | 2.5yrs | KSh2.41m | no data | |
| Independent Non-Executive Director | 3.5yrs | KSh3.10m | no data | |
| Independent and Non-Executive Director | 3.5yrs | KSh3.48m | no data | |
| Independent & Non-Executive Director | 2.5yrs | KSh2.51m | no data | |
| Non-Executive Director | no data | KSh300.00k | no data | |
| Non-Executive Director | 1.5yrs | KSh977.33k | no data | |
| Non-Executive Director | 1.5yrs | KSh1.10m | no data | |
| Director | less than a year | no data | no data |
2.5yrs
Average Tenure
53yo
Average Age
Experienced Board: KNRE's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 07:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kenya Reinsurance Corporation Limited is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Victor Koech | AIB-AXYS Africa Limited |
| Muammar Ismaily | EFG-Hermes Research |
| Alexander Muiruri | Faida Investment Bank Limited |