The World Council of Credit Unions’ (WOCCU) Board of Directors has re-elected Mr. George Ototo as a director of the 14-member body for another two-year term.
Mr Ototo is the Managing Director of Kenya Union of Savings and Credit Co-Operatives (KUSCCO), a powerful lobby group representing interests of credit unions in Kenya.
Mr Ototo holds an MBA degree in Finance, Law (LLB), and a BA in Mathematics and Economics. He is also a Certified Public Accountant (CPA) and an International Credit Union Development Educator (I-CUDE).
During its first virtual Annual General Meeting, KUSCCO won WOCCU’s 2020 Membership Growth Awards, based on data derived from its most recent Annual Statistical Report.
KUSCCO membership grew at a rate of 14.2%, adding just under one Million members for a total membership of 7.8 Million.
Other credit unions that won awards for membership growth included South Korea’s National Credit Union Federation of Korea (NACUFOK) whose membership increased 19.8% to 6.1 Million.
Ghana’s Co-operative Credit Union Association (CUA) was also awarded after its membership grew by 285,444 to a total of 862,638 members.
Mr Ototo was first elected to sit on the board of WOCCU in 2016. He is the only African sitting on the WOCCU board.
WOCCU, the global trade association and development platform for credit unions, has also picked Polish, Rafał Matusiak, as its new Chair.
Matusiak is President of the National Association of Co-operative Savings and Credit Unions (NACSCU) – Poland.
Over 90 delegates from around the globe attended the AGM, which also featured presentations of the Distinguished Service Award along with recognition of new WOCCU members
Other directors re-elected to the WOCCU board include Aaron Moses (Caribbean Confederation of Credit Unions), Manfred Alfonso Dasenbrock (Sicredi-Brazil) and Charles Murphy (Irish League of Credit Unions).
ALSO READ: SACCOs Severely Hit by COVID19
