David Sandagi takes office as acting CEO of SASRA

BY Andrew Walyaula
August 25, 2025
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The Sacco Societies Regulatory Authority (SASRA) has announced a change in leadership following the exit of Chief Executive Officer Peter Njuguna.

Njuguna, who has served as CEO since August 2021, officially handed over office to CPA David Sandagi, who now takes over in an acting capacity effective August 18, 2025. The handover ceremony was held at SASRA offices and witnessed by Board Chairperson Jack Ranguma and Director George Mwangi.

Njuguna joined SASRA in 2010 as Chief Manager in the Sacco Supervision Department before becoming CEO. During his four-year tenure, the regulated SACCO industry recorded strong growth in assets, loans, member deposits, and membership, which now stands at over seven million. His leadership also saw the introduction of prudential regulation, strengthening of governance standards, and reforms to align the sector with new market and technological demands.

A highlight of his tenure was Kenya’s successful hosting of the first-ever International Credit Union Regulators’ Network (ICURN) Conference in Africa in July 2024, cementing the country’s leadership in cooperative finance.

In a statement, SASRA said: “Njuguna’s tenure will be remembered for key reforms that strengthened SACCO regulation, expanded oversight to NWDT Saccos, promoted stability, good governance, and financial inclusion. As he begins a new chapter and hands over to CPA David Sandagi, Njuguna leaves behind a stronger and more resilient SACCO sector.”

The Board, management, and staff of SASRA thanked him for his service and wished him success in his future endeavors.