Kenya Reinsurance Corporation Limited

NASE:KNRE Stock Report

Market Cap: KSh7.4b

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 percentage95.9%
CEO tenure1.3yrs
CEO ownershipn/a
Management average tenure1.3yrs
Board average tenure2.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Hillary Wachinga's remuneration changed compared to Kenya Reinsurance's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2023KSh20mKSh19m

KSh5b

Compensation vs Market: Hillary's total compensation ($USD149.12K) is below average for companies of similar size in the KE market ($USD366.33K).

Compensation vs Earnings: Insufficient data to compare Hillary's compensation with company performance.


CEO

Hillary Wachinga (44 yo)

1.3yrs

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

NamePositionTenureCompensationOwnership
Hillary Wachinga
MD & Executive Director1.3yrsKSh19.55mno data
Ruth Ngugi
General Manager of Finance & Credit Controlless than a yearno datano data
Nicodemus Gekone
General Manager of Property & Investmentsless than a yearno datano data
Hellen Okanga
Ag. Managerno datano datano data
Lucy Kagwiria
Manager of Marketing & Business Developmentno datano datano data
Sally Waigumo Kangethe
Manager of Human Resource Department19yrsno datano data
Samson Mudogo
Manager of Credit Control Department4.5yrsno datano data
Charles Kariuki
Company Secretaryno datano datano 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

NamePositionTenureCompensationOwnership
Hillary Wachinga
MD & Executive Director1.3yrsKSh19.55mno data
Catherine Kimura
Independent Non-Executive Chairman of the Board2.1yrsKSh2.65mno data
Njuguna Ndungu
Non-Executive Director2.5yrsKSh960.00kno data
Thamuda Hassan
Independent and Non-Executive Director5yrsKSh3.03mno data
Erick Gumbo
Independent & Non-Executive Director5yrsKSh2.86mno data
Eunice Nyala
Independent & Non-Executive Director2.1yrsKSh2.41mno data
David Muthusi
Independent Non-Executive Director3.1yrsKSh3.10mno data
James Kirika
Independent and Non-Executive Director3.1yrsKSh3.48mno data
Robert Waruiru
Independent & Non-Executive Director2.1yrsKSh2.51mno data
James Wangombe
Non-Executive Directorno dataKSh300.00kno data
Zacharia Mbogo Nyaega
Non-Executive Director1.1yrsKSh977.33kno data
Omar Mahmud Shallo
Non-Executive Director1.1yrsKSh1.10mno data

2.1yrs

Average Tenure

60yo

Average Age

Experienced Board: KNRE's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


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