Stima Sacco appoints Chris Useki as new CEO After Wambua Exit

The Board of Stima Sacco has announced the appointment of Mr. Chris Ngeta Useki as the Chief Executive Officer of the Society with effect from 18th August 2017.

Mr. Useki who has been Acting CEO since 18th October 2016 when he was appointed to the position following the resignation of Mr. Paul Wambua.

He is a seasoned accountant with 16 years of experience in financial management. He was appointed as the Sacco’s Internal Auditor in 2002 and was later promoted to the position of Finance Manager in 2006.

He joined the Society from CMC Aviation Limited and had earlier worked with Mastermind Tobacco (K) Ltd.

Mr. Useki is a member of the Institute of Certified public Accountants of Kenya (ICPAK), in good standing. He is also a Certified Public Accountant of Kenya (CPA-K) and a Certified Public Secretary (CPS). He holds an MBA and BCom in Accounting from the University of Nairobi and graduated from the Strathmore Senior Management Leadership Programme in December 2015.

He will play a key role in leading the Society to a successful implementation of a new strategy that aims to have the Sacco’s membership to increase to 250K and the asset base grow to Kshs 70.5 Billion by 2020.


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