The Board

Saidi

MR. GODFREY SAIDI

CHAIRMAN

MR. JEREMIAH LUTTA AMUKE

VICE-CHAIRMAN

Felix

MR. FELIX OMALALU

HON. SECRETARY

Onyango

MRS. MARGARET ONYANGO

TREASURER

Dan

MR. DANIEL OUMA MASIGA

BOARD MEMBER

Dick

DICK ONYANGO

BOARD MEMBER

Peter

MR. PETER KIRABU OPASAMONG

BOARD MEMBER

Haggai

MR. HAGAI PAUL OBUYA

BOARD MEMBER

Joseph

JOSEPH OGUTI OMUNYIN

BOARD MEMBER

GOVERNANCE

The governance of the SACCO is run by nine Board members, three Supervisory committee members and the Chief Executive Officer who all form a Board of Directors as per the Co-operative Societies Act. These committees of the board consist of:

  • Finance and Administration committee.
  • Credit Committee.
  • Education Committee.
  • The Audit Committee.
  • The Board forms Ad-hoc committees as need arise.

The Sacco societies Act, No. 14 of 2008 requires the Board Members to prepare financial statement for each year which give a true and fair view of the state of affairs of the society as at the end of the financial year, and of its operating results for that year in accordance with IFRS. The Board is also required to ensure that the society keeps proper accounting records which disclose with reasonable accuracy at any time the financial position of the society.
In addition, the BOD is also responsible for safeguarding the assets of the society and ensuring that the business of the society has been conducted in accordance with its objectives, By-Laws and any other resolutions made at the society’s general meeting.