Chief Executive Officer

Job Purpose:

• The 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.
• Chief Executive Officer reports to the 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 4-6 years’ relevant work experience, with a minimum of 5 years in senior management or executive leadership, preferably within
• SACCOs, 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.