Our Management
The highest decision making organ of the Saccos is the Annual General Meeting (AGM) which elects nine (9) officials from amongst members to sit in the board and an oversight Supervisory Committees each of three {3} members in it. The board is the governing body of the SACCOS and include Chairman, Vice Chairman, Members of the board hold office for period of three (3) years. The Board Members operates through specialized sub-committee responsible for various society activities as under:-
Supervisory committee
The supervisory committee consist of three members who must not be employee of the SACCOS or serving on the management committee. The supervisory committee is responsible for SACCOS compliance, internal control, and oversight. Its also responsible for the truth and accuracy of the society financial condition, and for making sure that the society administrative practices and procedure are adequate to safeguard the members and Saccos rights and interest.
Loan Committee
The credit committee hold such meetings as the business of the Society may reasonably require.
The loan committee duties are to:-
- Ensure establishment and review of appropriate credit policy consistent with the relevant provisions of the Regulations.
- Ensure that the problem in loan account are adequately identified and classified as prescribed in the Regulations.
Audit Committee
The audit committee has a duty to:-
- Ensure establishment and review of the internal control system.
- Review performance and finding of the internal auditor and recommend remedial actions regularly.
Our Management Team
Haji Shabani Msheri
Board Chairman
Magdalene Magali
Vice Board Chairwoman