APPOINTMENT OF MR. MICHAEL MONARI AS DIRECTOR OF KENYA REINSURANCE CORPORATION LIMITED

It gives us great pleasure to felicitate with you Mr. Michael Monari on your appointment as a Director of Kenya Reinsurance Corporation Limited.

We recognize and appreciate your extensive experience and Leadership demonstrated in your previous positions and can attest that you are well deserving of this great feat . On behalf of the entire Board, Management and Staff of CITITRUST Holdings Plc, we say a big congratulations and wish you the very best.

Mr. Michael Monari is a a seasoned professional with great wealth of Financial Services experience.. He holds a Master of Science (MSc)in Finance from the prestigious Irish Internatonal Univerity, an Executive MSc in Global Management from the University of Salford and an MBA from Heriott-Watt University, United Kingdom. His passion for the Financial Services sector lead to the establishment of Longitude Finance where he is currently the Chief Executive Officer. Mr. Monari has also been recently appointed as a Director in Kenya Reinsurance Corporation Limited.