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SACCO SOCIETIES REGULATORY AUTHORITY (SASRA)

SACCO SOCIETIES REGULATORY AUTHORITY (SASRA)

Securing Sacco Funds

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The Board of Directors


Hon. Jack Ranguma

The Chairman

Hon. Ranguma was appointed as the chairperson of the Authority on 6th February 2023.He has a Master of Science M.Sc. in Accounting and Finance from the University of Illnois Urbana – Champaign.

CPA Ranguma is a Member of the Institute of certified Public Accountants of Kenya (ICPAK) amongst other affiliations such as Institute of Certified Public Secretaries of Kenya (ICPSK) and Kenya Institute of Management (KIM).

He has held key leadership positions with over 30 years’ experience amongst them being the pioneer Governor of Kisumu county in 2013.

Prior to joining Kisumu County, CPA Ranguma was the first Commissioner of Domestic Taxes of the Kenya Revenue Authority where he was extensively involved in tax policy formulation and administrative reform, Public Finance, International and bilateral organizations and general oversight. He was also advisor to Justice Network International on transfer pricing and negative tax policies affecting developing countries.

Previously, Mr Ranguma was a partner of BDO Binder, an International accounting firm for more than 25 years where he developed extensive networks as an Advisor, Consultant ans manager with vast knowledge in Audit, Finance and development, Institutional restructuring, reconstruction, mergers and acquisitions, debt restructuring, receivership management, project management and divestiture planning.

Mr Ranguma also worked as a Joint Receiver Manager where he revived the Muhoroni Sugar company to successful operations.

CPA Ranguma brings on board a wealth of experience as a strategic leader with expansive knowledge in governance, Public Finance, policy and system reviews and Strategic Management that will propel the Authority in execution of its regulatory mandate to financial stability.


Mr. Robert Mungai Mburu

Director

Mr Mburu was appointed as a Board Member of the Authority on 28th October 2021. He is a holder of CPA (K) and a Bachelor in Commerce ( Accounting ) degree from the University of Nairobi.
Prior to his appointment, Mr Mburu, served as a Board of Director at the Kenyatta National Hospital. He also worked in other various capacities in Tana & Athi River Development Authority (TARDA), Metal Box Kenya Limited among others. Mr Mburu has extensive experience in Co-operatives and Pension Schemes Audit
His other key competencies are in leadership and entrepreneurship.


Ms. Anne Waceke Wetangula

Director

Ms Waceke was appointed as a Board Member of the Authority on 28th October 2021. She holds a Masters in Business Administration ( Strategic Management)degree from Daystar University and a Bachelor of Psychology (Counselling) degree from the University of Nairobi .
Prior to her appointment Ms Waceke, served as a member of the board of Mbagathi Hospital. Ms Waceke has previously served as an Export marketing Executive and a Customer and Treasury Consultant with Chase Bank Limited.
She brings on board her extensive experience in leadership and strategy and policy formulation.


Mr Kelvin Tom Mogeni

Director

Mr Kelvin Tom Mogeni was appointed as a Board member of the Authority With effect from 27th May 2022. 

Kelvin Mogeni is an advocate of the High Court of Kenya with a wide experience in constitutional law. He is a practicing certified arbitrator with international experience from India, Kenya, Rwanda, Burundi and the United Kingdom. 

Kelvin previously served as the Chairman of International Commission of Jurist- Kenya (ICJ). 


Mr Gerald Nyaoma,
Alternate, CBK Governor

Director

Mr. Nyaoma was appointed as an alternate to the Governor of the Central Bank of Kenya on 6th April, 2016. He is the Director, Bank Supervision Department at the Central Bank of Kenya (CBK). Mr Nyaoma holds a M. Phil.(Econ) degree from the University of Cambridge-UK and BA (first class honors degree in Economics) from University of Nairobi.
 
He is CPA (K), CPS (K) and AKIB. Mr. Nyaoma joined the Central Bank of Kenya on August 10, 1988, worked in various offices, and has served as the Acting Director, Internal Audit Department, Director, Bank Supervision Department and Director, Financial Services Department.


Ms. Alice Mwololo,
Alternate, PS National Treasury

Director

Ms. Mwololo was appointed as an alternate to the Principal Secretary, National Treasury on 14th October, 2015. She holds a Masters in Economics and BA in Economics from the University of Nairobi and a Post Graduate Diploma in Development Planning Techniques from the Institute of Social Studies in the Netherlands. She is currently pursuing a PhD in Economics at Kenyatta University.
 
Ms. Mwololo is a Chief Economist in the Directorate of Budget, Fiscal and Economic Affairs of the National Treasury. She has extensive experience in economic policy analysis, public finance, competition policy, project management and governance. She also has extensive experience in trade policy and regional integration matters; international and bilateral trade negotiations. She has participated in negotiations and conclusion of various bilateral and regional economic and trade agreements.

 

   

Mr. Peter Njuguna

Chief Executive Officer

Mr. Njuguna was appointed as the Authority’s CEO in August 2021.
 He holds a MSc. in Operations Research from the London School of Economics, UK, and a BSc in Mathematics. He is a  CPA (K) holder  and a member of the Institute of Certified Public Accountants of Kenya (ICPAK). Peter joined SASRA in 2010 and led the Sacco supervision team in formulating and implementing the regulatory, supervisory strategy towards safe and sound Sacco sub sector in Kenya. Previously, he worked with World Council Of Credit Unions (WOCCU) as financial specialist and project Director, CIC and CBK.

   

Mrs. Roselyne Ragama

Corporation Secretary

Mrs. Ragama joined SASRA in 2010 in the legal department and serving as the Board secretary. She is currently the Corporation Secretary and Director Legal Services.
Roselyn is an advocate of the High Court of Kenya and holds an LLM from University of Nairobi specializing in Corporate Governance, LLB (Hons) and Post Graduate Diploma in Law from Kenya School of Law, CPS (K) and Diploma in Cooperative Management. She is a member of the Institute of Certified Public Secretaries of Kenya and Institute of Directors of Kenya.

   
  • Financial Regulators
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  • World Council of Credit Unions(WOCCU)
  • African Confederation of Cooperative Savings and Credit Association (ACCOSCA)

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