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Women Reach 37% of Sacco CEO Roles, Outpacing Listed Companies

Women hold a larger share of top executive jobs in savings and credit cooperatives than in listed companies, according to Business Daily Africa.

By Teqwah Desk07 Oct 04:32Updated 07 Oct 04:321 min read

Women Reach 37% of Sacco CEO Roles, Outpacing Listed Companies — Photo: Business Daily Africa (direct)

Key takeaways

Women hold 37% of Sacco chief executive positions, according to Business Daily Africa.
That compares with about 14% of CEO roles at listed companies.
The Sacco share has risen, but the supplied report gives no previous figure or timeframe.

Women now account for 37% of chief executives at savings and credit cooperatives, known as Saccos, according to Business Daily Africa (direct). That puts these member-based financial organisations ahead of listed companies, where women represent about 14% of CEOs.

The share of women leading Saccos has increased, the outlet reported. The supplied report does not give an earlier figure or a timeframe for the rise, so it does not establish how quickly that change has taken place.

The comparison shows a clear difference at the top of the two groups. Women’s share of Sacco CEO positions is more than twice their share at listed companies—businesses whose shares trade on a stock exchange. Even so, women still hold fewer than half of Sacco chief executive roles.

For business readers, the figures offer a snapshot of who leads these organisations, rather than a measure of their financial performance. The distinction matters: a higher share of women CEOs does not, on its own, explain business results. What to watch next is whether women’s representation in Sacco leadership continues to rise and whether the gap with listed companies changes.