KAA | History of Airports Sacco

History of Airports Sacco

BACKGROUND

AIRPORTS Sacco Limited was formed on 25th March, 1994 and derives its membership from staff of Kenya Airports Authority. About 18 members attended the first meeting, which was held on 14th April 1994, at KAA Headquarters. From the same meeting five Interim Officials were elected as follows:

Mr. Simon N. Njunge - Interim Chairman
Mr. Hoboson Mwangovya - Interim Vice-Chairman
Mr. S.K. Nyamu - Interim Treasurer
Mrs. Gladys V. Ilahalwa - Interim Secretary
Mrs. Patricia M. Maitha - Asst. Interim Secretary

AIRPORTS Sacco was officially registered on 11th November 1994 and had a Share Capital of KShs240,000. It also joined the membership of Kenya Union of Savings and Credit Cooperatives Ltd (KUSCCO) the same year with 100 shares worth KShs10,000. AIRPORTS SACCO recognizes that a cooperative is the most suited avenue through which small-scale practitioners can jointly and severally add to their net worth. AIRPORTS therefore commits to good corporate governance and practices. AIRPORTS SACCO has taken a bold step in investing its resources to provide focus and direction to achieve the vision to be a leading, dynamic, vibrant and trusted Sacco service provider in the country.

ORGANISATION STRUCTURE

Membership

AIRPORTS Sacco will develop organizational and implementation strategies around key success factors, differentiating itself as an institution that is PRUDENT and ACCOUNTABLE.
The Sacco will establish its success planning based on a clear understanding of the need to increase members’ wealth and yet be available to attend to members’ needs.

The society’s membership has been on an upward trend between 2006-2010.The positive trend is attributed to the introduction of new products.

Board of Directors

SACCO’s management team comprises professionals and experienced personnel, supported by adequate internal control and processing infrastructure, including Information Communication Technology. The organizational structure and personnel plan will always reflect the intention to maintain an organization that is prudent, accountable and technologically proficient, while efficiently managing cost and productivity.

BOARD MEMBERS IN 2010

1 Mr. George N. Karanja Chairman
2 Mr. Esman N. Onsarigo Vice Chairman
3 Mr.Bernard K. Kemboi Treasurer
4 Mr.Calvin O. Opundo Hon. Secretary
5 Mrs. Khadijah K Karume Member
6 Mr.Humphrey O Bwire Member
7 Mr.Benson Mutuku Member
8 Mr.Augustine Masiga Member
9 Mr.Benjamin K. Kisang Member

SUPERVISORY COMMITTEE

1 Mr.Obadia Kipkemboi Chairman
2 Mr.James Kiptoo Member
3 Mr. Marco Mutevu Member

STATION REPRESENTATIVES

1 Kisumu - George Ogola
2 Kisumu - Lina Bowen
3 Loki - Livingston Yegon
4 Malindi - Protus Langu Kiptoo
5 Malindi - Alphonce Matia M.
6 Wilson - Beatrice Atulia
7 Wajir - Isaiah Lusweti
8 M I A - Amtala Oliver
9 M I A - David Kiptum Kones
10 M I A - Shamim Ahmed
11 E I A - Margaret K. Lusinde
12 E I A - Joshua L. Sunkuli
13 Lamu/Manda - Ali D Godana

STAFF

AIRPORTS Sacco must employ only people committed to a high standard of integrity, excellence and team work. This idealism will have to be represented by the staff, and will continue to be the guideline by which new team members are hired.

Current staff members are:

Gideon C. Kipsoi - Manager
Stephen Ondieki - Loans Officer
Dorothy W. Tom - Assistant Clerk