Chief Executive Officer - Sacco Review | The Leading Newspaper for Co-operative Movement in Kenya

IG Sacco completes handover to new CEO Mary Awino

Sacco ReviewSeptember 22, 202603 mins

IG Sacco ushers in new chief executive officer Mary Awino takes over after Peter Vuhyah’s long tenure New leadership begins with focus on continuity and member service IG Sacco has effected a leadership change following the formal handover of office from outgoing Chief Executive Officer CPA Peter Vuhyah to Mary Awino. The transition took place…

SASRA: SACCOs are reluctant to use credit scores in loan appraisals

Sacco ReviewOctober 20, 2025010 mins

The Sacco Societies Regulatory Authority (SASRA) has expressed concerns that while credit scoring has immense value, SACCOs has been slow to adopt credit referencing fully, creating gaps in credit decision-making. The regulator also points to challenges in implementing effective credit-scoring systems, which have hampered responsible lending and long-term financial stability. But a section of top…

How adjustments in Central Bank Rate (CBR) affect SACCOs’ lending business

Sacco ReviewAugust 6, 2025010 mins

An adjustment to the Central Bank of Kenya benchmark rate also known as the Central Bank Rate (CBR), a tool that provides a signal to guide how commercial banks charge customers for loans, has a significant effect on the way SACCOs do their lending business. “If commercial banks lower their lending rates below those offered…

Kesma appoints Stephen Ligawa as new CEO

Sacco ReviewAugust 1, 2024August 1, 202405 mins

Kenya Sugar Millers Association (KESMA) has appointed former Sony sugar Managing Director (MD) Stephen Ligawa as its new (CEO). Kesma chairperson Jayanti Patel said Ligawa brings over 30 years’ experience in the industry having worked at Sony sugar for all the years. Ligawa takes over from advocate Saulo Wasilwa who principally served in 2022 and…

KUSCCO announces job vacancy, lists qualifications

Sacco ReviewMay 22, 202405 mins

Kenya Union of Savings & Credit Cooperatives (KUSCCO) Limited announced that one of its clients; a fast growing Sacco which has its head office in Embu Town is looking to hire a new Chief Executive Officer (CEO). It is searching for a qualified, highly motivated, visionary, result oriented individual to fill the position. The CEO…