Sacco Chief Executive Officer

Qualifications & Experience

• Master’s degree in Business Administration, Finance, Economics, Cooperative Management, or a related field.
  
• Bachelor’s degree in Commerce, Business, Economics, or related discipline.
  
• Professional qualification (CPA, ACCA, CFA, MSK, IHRM, ICM or equivalent) is an added advantage.
  
• Minimum 10 years of progressive leadership experience, with at least 5 years at CEO or senior executive level in a Sacco, financial institution, or cooperative.
  
• Strong knowledge of SASRA regulations, AML/CFT, diaspora financial services, and cooperative law.
  
• Proven track record in strategy execution, financial growth, governance, and innovation.
  

• Lead the implementation of the Sacco’s strategic plan, ensuring alignment with mission and vision.
  
• Advise and support the Board on governance, compliance, and policy matters.
  
• Ensure compliance with SASRA prudential guidelines, AML/CFT frameworks, and cooperative laws.
  
• Oversee financial sustainability, budgeting, liquidity, investments, and banking relationships.
  
• Direct daily operations, ICT systems, and member service excellence.
  
• Champion diaspora recruitment, retention, and member education initiatives across global markets.
  
• Drive product development and innovation.
  
• Provide strategic oversight to the Subsidiary, ensuring governance, accountability, and member value.
  
• Lead, mentor, and develop Sacco staff, fostering a high-performance and ethical culture.
  
• Identify and mitigate risks, maintain a robust risk register, and ensure business continuity.
  
• Represent the Sacco at local and international forums, building strong partnerships and networks.
  
• Ensure timely financial, operational, and regulatory reporting, and maintain transparent communication with members and stakeholders.