Sacco Chief Executive Officer at Co-operative Bank of Kenya

Job Purpose:
The Sacco Chief Executive Officer is responsible for providing strategic leadership, overseeing daily operations, ensuring financial sustainability, marketing and driving growth in line with the Sacco’s mission and objectives. 

Sacco Chief Executive Officer reports to the Sacco Board of Directors and works closely with stakeholders to enhance member value, operational efficiency, regulatory compliance, and strategic marketing initiatives to ensure growth.

Roles & Responsibilities:

• Implement Board-approved policies, strategies, and resolutions.
• Ensure compliance with SASRA, Cooperative Societies Act, and other applicable laws.
• Oversee financial management, budgeting, and prudent use of resources.
• Strengthen risk management, internal controls, and governance structures.
• Lead, motivate, and manage staff performance and development.
• Enhance member growth, product development, and service delivery.
• Represent the Sacco in engagements with regulators, partners, and stakeholders.
• Prepare and present accurate management and statutory reports to the Board.

Minimum qualifications:

• Bachelor’s Degree in: Business Administration, Commerce, Finance, Accounting, Economics, Cooperative Management, or a related field from a recognized institution
• A master’s degree (MBA or related) will be an added advantage.
• Professional qualification and membership in a recognized body such as 
• CPA (K), IHRM, or equivalent
• At least 10 years relevant work experience, with a minimum of 5 years in senior management or executive leadership, preferably within 
• Sacco’s, financial institutions, microfinance, or banking sector

Key Skills and Competencies:

• Proficient in Microsoft Office suite skills.
• Training in leadership and management skills; ability to facilitate the development and implementation of strategic plans, visionary thinking, and the capacity to drive organizational growth and proven ability to adapt to changing market conditions.
• People Management & Organizational Development.
• Digital & Technological Competence.
• Business Growth & Innovation.
• Marketing & Communications: Proven ability to develop and execute marketing strategies that attract new members and retain existing ones.
• Financial & Risk Management.
• Excellent Customer Service to ensure strong commitment to member service and satisfaction.