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Report: Managing director leaves Kenya Re

Kenya Reinsurance Corp. Ltd. said Managing Director Jadiah Mwarania had "separated" from the company, effective immediately, Business Daily Africa reported March 12, citing a notice to the Nairobi Securities Exchange.

The circumstances around Mwarania's departure are unclear, according to the report.

The reinsurer appointed its property management general manager, Michael Mbeshi, to take over Mwarania's post in an acting capacity, Business Daily Africa added.