In a press release on Thursday, SIC said Ochieng’s over 25 years of experience across leadership, cash flow management, corporate development and brand management, among other areas, are key in steering the investment Sacco.

“We are confident that his impeccable track record in banking, telco, fast-moving consumer goods and facility management industries coupled with his proven ability to develop and strengthen management teams to maximize company profitability and efficiency will steer this cooperative to the next growth phase,” said the cooperative's chairperson Judy Runo.

Before his appointment, Ochieng’ was the Managing Director at Sender Services Limited for four years.

He has previously served as Head of Airtel Money and Zonal Business in sales and distribution at Airtel Kenya, Head of Personal Banking at Guarantee Trust Bank and the General Manager of Personal and Business Banking at Faulu Kenya Bank.

Ochieng’ has also worked as the head of Direct Sales Africa at Standard Bank Group and also as Country Head of Sales Kenya at Barclays Bank of Kenya, which has since rebranded to Absa.

He holds a master's degree in business administration and a bachelor’s in commerce from the University of Nairobi. He is also currently pursuing a doctorate at the institution.