By Malachi Motano
The Sacco Societies Regulatory Authority (SASRA) Chief Executive Officer (CEO) John Mwaka finally exited office after five years of service.
The CEO been replaced in acting capacity by Peter Njuguna who was previously in charge of Sacco supervision,.
“His term that ended and Mr Njuguna will be in charge of the institution until a substantive CEO is recruited which is normally done after six months,” said Commissioner of Cooperatives Geoffrey Njangombe.
Mwaka took charge of Sasra after Carilus Ademba who was the first CEO since its establishment in 2010 exited in 2015.
