Chief Executive Officer (CEO) Vacancy: Sacco Societies Regulatory Authority (SASRA)

Ref. No: CEO/SASRA/12/09/6

Sacco Societies Regulatory Authority (SASRA) was established under the Sacco Societies Act, 2008 with a mandate to license, regulate, supervise and develop the Sacco Sector in Kenya.

The SASRA Board wishes to recruit a visionary and dynamic CEO to provide the stewardship required to deliver the Authority’s mandate.

The suitable candidate shall be employed on a 4-year contract, renewable once, subject to satisfactory performance.

Key Duties and Responsibilities:

The CEO, who will be responsible for the operations and management of the day-to-day affairs of the Authority, will report to the Board and be responsible for:

• Providing strategic leadership and direction in the formulation, development, implementation and evaluation of SASRA’s strategic management plan and budget and oversee its implementation;
• Advising the Board and the Sacco Societies on policy, technical and professional matters;
• Implementing and evaluating SASRA’s accountability and performance contract with the Government;
• Implementing a legal and regulatory framework to strengthen the Sacco societies through high level approach to supervision;
• Developing a culture that promotes high performance and encourages an organizational culture based on transparency, integrity, accountability and performance measurement; and
• Ensuring that Sacco Societies members’ funds are protected through effective surveillance and enforcement to support the growth of the Sacco societies.

Minimum Qualifications:

The successful candidate shall possess the following minimum qualifications and qualities:

• At least ten years experience in financial management, co-operative practice and management, law, finance or economics.
  
• A strong supervisory background in the financial sector and core co-operative business is an added advantage;
• A degree in Co-operatives, Economics, Finance, Law or equivalent from a recognized University.
• A Masters Degree and/or Professional management qualifications and membership to a relevant professional body is an added advantage; and
• A proven track record and reputation for outstanding administrative performance, be of high integrity and honesty, and demonstrate leadership skills.

If you believe you are the right candidate for this position and can clearly demonstrate your ability to meet the criteria given above, submit your application along with a detailed CV, stating your current position, 3 referees, e-mail address and telephone contacts quoting the reference number above.

All applications should be addressed to:

The Chairman
Sacco Societies Regulatory Authority (SASRA)
P.O. Box 25089 – 00100
Nairobi

To reach him not later than 4th January, 2010

Note that only shortlisted applicants will be contacted.

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