Reference number ASL/09/16/ C.E.O-01/16
The chief executive officer shall be appointed by the board and shall be responsible for the day to day operations of the Sacco society and in particular ens
AIRPORTS Sacco Limited was formed on 25th March, 1994 and derives its membership from staff of Kenya Airports Authority. About 18 members attended the first meeting, which was held on 14th April 1994, at KAA Headquarters. From the same meeting five Interim Officials were elected as follows:
Mr. Simon N. Njunge - Interim Chairman
Mr. Hoboson Mwangovya - Interim Vice-Chairman
Mr. S.K. Nyamu - Interim Treasurer
Mrs. Gladys V. Ilahalwa - Interim Secretary
Mrs. Patricia M. Maitha - Asst. Interim Secretary
AIRPORTS Sacco was officially registered on 11th November 1994 and had a Share Capital of KShs.240,000. It also joined the membership of Kenya Union of Savings and Credit Cooperatives Ltd (KUSCCO) the same year with 100 shares worth KShs10,000. AIRPORTS SACCO recognizes that a cooperative is the most suited avenue through which small-scale practitioners can jointly and severally add to their net worth. AIRPORTS therefore commits to good corporate governance and practices.
AIRPORTS SACCO has taken a bold step in investing its resources to provide focus and direction to achieve the vision to be a leading, dynamic, vibrant and trusted Sacco service provider in the country.
