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Ole Lenku Appointed Chairperson Of Sacco Regulatory Authority


Joseph Ole lenku


Former Interior Cabinet Secretary Joseph Ole Lenku has been appointed chairperson of the Sacco Societies Regulatory Authority.

The former Utalii Hotel manager was appointed by Industrial CS Adan Mohammed on Friday.

Ole Lenku will be required to head the authority tasked with issuing licenses to Sacco Societies, enabling them receive deposits in the growing Sacco enterprise in Kenya.

The 46-year-old former CS bowed out of office after pressure mounted following sporadic attacks by Somali based terrorist group Al-Shabaab, in the country.

He was succeeded by (Rtd) Major General Joseph Nkaissery.

Ole Lenku has also declared his interest in the Kajiado Gubernatorial Seat, in which he intends to vie for in the 2017 general election on a Jubilee ticket

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