Sacco CEOs weigh in on mergers, education and defaults

Sacco CEOs say mergers can strengthen smaller societies, improve technology investment and boost competitiveness without compromising Co-operative values. They emphasise member education as key to better financial planning, responsible borrowing and stronger governance. CEOs support firm but fair loan recovery measures to protect members’ savings and maintain financial stability. For years, debate on Kenya’s Saccos…

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Acting Chief Executive Officer (CEO) Philemon Chebii. Photo: Philemon Chebii on Linkedin

Boresha Sacco appoints Philemon Chebii acting CEO as Jacob Mengich retires

Boresha Sacco appoints Philemon Chebii acting CEO as Jacob Mengich retires. Chebii, a over 20-year Boresha Sacco veteran, takes over as acting CEO. Board names Philemon Chebii acting CEO pending substantive appointment Boresha Sacco has appointed Philemon Chebii as the Acting Chief Executive Officer (CEO) following the retirement of Jacob Mengich who has been holding…

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