Sacco management - 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…

When SACCOs lose their soul: Mismanagement, family control, no dividends, and the illusion of opulence

Sacco ReviewApril 28, 2026010 mins

SACCOs (Savings and Credit Cooperative Organisations) are founded on a simple promise—members pool savings, trust leadership, and share in financial growth through affordable credit and annual dividends. In their ideal form, SACCOs represent discipline, transparency, and collective progress. But when governance weakens, and accountability fades, that promise can slowly transform into mismanagement, inequality, and eventually…

Five risk management strategies for Saccos

Sacco ReviewApril 27, 202406 mins

Saccos benefit many people and in their daily activities they are exposed to a variety of risks — either internal or external. Internal risks are those within the organisation while external risks are outside the control of the Saccos. These risks make Saccos fail to meet their goals and members are the one affected. Among…