Nairobi, March 29 -- The Kenya Reinsurance Corporation (Kenya Re) has picked Dr Hillary Maina Wachinga as its new managing director to replace Jadiah Mwarania, who retired last year.

The appointment of Dr Wachinga, who has been the company's risk and compliance operations manager, is subject to regulatory approval.

"Dr Wachinga is a multi-skilled strategic thinker with over 17 years of proven work experience in risk management, compliance and auditing - 16 of which have been at management level," said Kenya Re on Wednesday in a notice.

The certified public accountant also serves as a part-time lecturer at Strathmore Business School. He previously worked as an information systems manager and auditor, an enterprise risk manager and a com...