August 18, 2022

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CS MUNYA confirms Peter Njuguna as CEO of Saccos regulator, Sasra

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CS MUNYA confirms Peter Njuguna as CEO of Saccos regulator, Sasra.

He served as acting chief since April after exit of John Mwaka.

Mwaka took charge of Sasra after Carilus Ademba who was the first CEO since its establishment in 2010 exited in 2015.

John Mwaka, who was then the manager in charge of policy, research and development at the Authority, was appointed in acting capacity to replace Ademba, whose term came to an end in April 2015.

SASRA is a Semi-Autonomous Government Agency under the Ministry of Agriculture, Livestock, Fisheries and the state department for co-operatives.

The Authority was established under the SACCO Act 2008 and inaugurated in 2009 to license all DT Saccos. This mandate has since been expanded to include supervision on non-deposit-taking SACCOs.

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