The Co-operative Bank of Kenya Limited is incorporated in Kenya under the Company Act and is also licensed to do the business of banking under the Banking Act. The Bank was initially registered under the Co-operative Societies Act at the point of founding in 1965. This status was retained up to and until June 27th 2008 when the Banks Special General Meeti...

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Sacco Chief Executive Officer

Job TypeFull Time

QualificationBA/BSc/HND , Diploma , MBA/MSc/MA

Experience10 years

LocationNairobi

Job FieldFinance / Accounting / Audit

Chief Executive Officer Position (REF: CEO/ASS/2026)

Duties & responsibilities

Reporting to the Board of directors, the Chief Executive Officer shall be responsible for the day-to-day running of the Sacco operations. The key duties shall include;

• Development and execution of the Sacco’s strategic plan and business plans, aligning operations with the mission and cascading goals to divisional heads.
• Overseeing budgeting, liquidity and investment portfolio management to ensure long-term sustainability and returns to shareholders.
• Ensuring adherence to SASRA guidelines, regulations and all other relevant laws, rules and regulations.
• Leading the digital transformation strategy, including oversight of core banking systems and cybersecurity.
• Spearheading business development initiatives to expand membership and create innovative financial solutions to the membership.
• Providing regular, timely and accurate reports to the board on financial performance, risk exposure and audit findings.
• Leading, mentoring, supervising and developing a high-performance staff culture, ensuring optimal talent acquisition, utilization and performance.
• Reviewing and implementing regulations, internal systems, structures, procedures and controls to improve the quality of service
• Attend all board of Directors meetings on an advisory capacity
• Manage the Sacco’s budget ensuring spending is in line with overall budget
• Ensure compliance with all statutory requirements & relevant bodies.
• Monitor key performance areas and ensure all targets are met
• Co-ordination of the Sacco activities to ensure optimum and efficient utilization of all Sacco assets and resources.
• Represent the Sacco in forums, business transactions and any other transaction authorized by the Board of Directors.
• Any other lawful duty that may be assigned by the Board of Directors.

Attributes/Skills

• Strategic and visionary leadership with strong business acumen.
• Strong knowledge of sacco business model and regulatory framework governing Deposit-Taking Saccos
• Must possess a high degree of integrity, ethical judgement and commitment to transparency and accountability
• Results driven, with excellent analytical, problem solving and decision-making skills
• Effective communicator with strong interpersonal influencing and negotiation skills
• Proven ability to lead change, transformation and performance improvement initiatives
• Proficient in Microsoft office suite.

Qualifications

The candidate should have:

• A Business-related degree or its equivalent from a recognised university
• CPA(K) or CPS(K) its equivalent
• Membership to a professional body and in good standing
• Master’s degree in strategic management or related discipline from a recognized university will be an added advantage
• A diploma or Degree in Co-operative Management will be an added advantage
• 10 years practical experience in a Deposit-Taking Sacco of which 5 years must be in a Senior management position
• Age: 40 years and above.

• Development and execution of the Sacco’s strategic plan and business plans, aligning operations with the mission and cascading goals to divisional heads.
• Overseeing budgeting, liquidity and investment portfolio management to ensure long-term sustainability and returns to shareholders.
• Ensuring adherence to SASRA guidelines, regulations and all other relevant laws, rules and regulations.
• Leading the digital transformation strategy, including oversight of core banking systems and cybersecurity.
• Spearheading business development initiatives to expand membership and create innovative financial solutions to the membership.
• Providing regular, timely and accurate reports to the board on financial performance, risk exposure and audit findings.
• Leading, mentoring, supervising and developing a high-performance staff culture, ensuring optimal talent acquisition, utilization and performance.
• Reviewing and implementing regulations, internal systems, structures, procedures and controls to improve the quality of service
• Attend all board of Directors meetings on an advisory capacity
• Manage the Sacco’s budget ensuring spending is in line with overall budget
• Ensure compliance with all statutory requirements & relevant bodies.
• Monitor key performance areas and ensure all targets are met
• Co-ordination of the Sacco activities to ensure optimum and efficient utilization of all Sacco assets and resources.
• Represent the Sacco in forums, business transactions and any other transaction authorized by the Board of Directors.
• Any other lawful duty that may be assigned by the Board of Directors.

• Strategic and visionary leadership with strong business acumen.
• Strong knowledge of sacco business model and regulatory framework governing Deposit-Taking Saccos
• Must possess a high degree of integrity, ethical judgement and commitment to transparency and accountability
• Results driven, with excellent analytical, problem solving and decision-making skills
• Effective communicator with strong interpersonal influencing and negotiation skills
• Proven ability to lead change, transformation and performance improvement initiatives
• Proficient in Microsoft office suite.

• A Business-related degree or its equivalent from a recognised university
• CPA(K) or CPS(K) its equivalent
• Membership to a professional body and in good standing
• Master’s degree in strategic management or related discipline from a recognized university will be an added advantage
• A diploma or Degree in Co-operative Management will be an added advantage