Thuto SACCOS is a member-owned Savings and Credit Cooperative Society committed to providing innovative, sustainable, and affordable financial solutions to its members. The Society is seeking to appoint a dynamic, visionary, and results-oriented leader to serve as its Chief Executive Officer (CEO), on a 3-5 years fixed term contract.
Job Summary
- Type: contract
- Location: Gaborone
- Category: Executive Management
- Closing Date: 2026-07-31
Key Responsibilities
- STRATEGIC LEADERSHIP
- Develop and implement the Society’s strategic plan in line with its mission, vision and objectives.
- Advise the Management Board on strategic matters and drive sustainable growth.
- Provide visionary leadership and make sound strategic decisions to ensure long-term success.
- OPERATIONAL MANAGEMENT
- Provide overall leadership and oversight of the Society’s operations.
- Ensure effective implementation of policies, programmes, and operational plans.
- Monitor organisational performance and implement continuous improvement initiatives.
- FINANCIAL MANAGEMENT
- Ensure sound financial management, budgeting, and prudent use of resources.
- Monitor the Society’s financial performance and sustainability.
- Ensure robust financial controls, reporting, and compliance with audit requirements.
- STAKEHOLDER RELATIONS
- Represent the Society in engagements with members, regulators, financial institutions, business partners, and other stakeholders.
- Build and maintain strategic partnerships that advance the Society’s objectives.
- Promote the Society’s image and oversee Corporate Social Responsibility initiatives.
- BOARD RELATIONS
- Serve as the principal link between Management and the Board.
- Provide regular reports on organisational performance, risks, and strategic initiatives.
- Implement Board resolutions and provide professional advice to support informed decision-making.
- LEADERSHIP AND TALENT MANAGEMENT
- Build, mentor and inspire a high performing management team.
- Foster a culture of accountability, innovation, integrity, and continuous improvement.
- Develop succession plans and strengthen organisational capability.
- RISK MANAGEMENT AND COMPLIANCE
- Ensure effective enterprise risk management and internal control systems.
- Ensure compliance with all applicable laws, regulations, and cooperative governance requirements.
- Promote ethical conduct and sound corporate governance practices.
Requirements
- A Bachelor’s Degree in Business Administration, Finance, Economics, Accounting or a related field.
- A minimum of eight (8) years’ senior management experience preferably in the financial services sector, with experience as a Chief Executive Officer, Chief Operating Officer, Chief Financial Officer or equivalent executive leadership role.
- Demonstrated experience in strategic planning, organisational leadership and business transformation.
- Strong financial management and business acumen.
- Excellent leadership, communication, negotiation and interpersonal skills.
- Proven ability to build strategic partnerships and manage stakeholder relationships.
- Strong analytical, problem-solving and decision-making skills.
- High levels of integrity, professionalism, resilience and ethical leadership.
- Experience in the management or operations of a Savings and Credit Cooperative Society (SACCOS) or other cooperative financial institution will be an added advantage.
- KEY COMPETENCIES: Strategic Thinking and Vision
- Corporate Governance
- Financial and Business Acumen
- Leadership and People Management
- Results Orientation
- Stakeholder Engagement
- Risk Management
- Innovation and Change Management
- Communication and Influencing Skills
- Integrity and Accountability
- INTERESTED CANDIDATES SHOULD SUBMIT: A detailed Curriculum Vitae
- Certified copies of academic and professional qualifications
- Certified copy of a valid identity document
- Names and contact details of three (3) professional referees.
Salary
An attractive and competitive remuneration package, commensurate with qualifications and experience, will be offered to the successful candidate.
How to Apply
Address: PO BOX 45821, RIVERWALK, GABORONE
Vacancy Circular No: CIRCULAR NO. 1 OF 2026
About the Company
Thuto SACCOS Limited is a cooperative financial institution deeply rooted in Botswana, structured to serve its members. Operating as a member-owned entity, it delivers crucial financial services to support the economic well-being of its constituents. Eligibility for membership is specifically extended to employees working for the Government of Botswana and various Parastatals across the nation. This targeted approach ensures that Thuto SACCOS effectively caters to the distinct financial needs of Botswana's public sector workforce.
A cooperative financial institution for Botswana's public sector employees.
Website: https://www.thutosaccos.co.bw/
Frequently Asked Questions
What are the typical educational and professional qualifications expected for a CEO position at a SACCOS in Botswana?
Candidates usually require a Master's degree in Business Administration, Finance, or a related field, along with relevant professional certifications. Extensive experience in financial management, cooperative leadership, or a similar executive role is also crucial.
What are the primary day-to-day responsibilities of a CEO for a SACCOS like Thuto SACCOS?
The CEO is responsible for overall strategic leadership, financial oversight, and operational management of the SACCOS. This includes driving business growth, ensuring regulatory compliance, managing staff, and reporting to the Board of Directors.
What should I know about the local work culture and expectations for an Executive Management role in Botswana?
Botswana's executive culture values strong leadership, adherence to governance, and a collaborative approach with stakeholders. Expect a focus on community impact, ethical conduct, and diligent reporting in the financial cooperative sector.
What are the typical career progression opportunities for a CEO of a SACCOS in Botswana?
Career progression from this role might involve moving to larger financial institutions, serving on multiple boards, or taking on higher-level leadership roles within the broader cooperative movement. Experience gained is highly valuable for other executive positions in the financial sector.
What kind of benefits package can one typically expect for a CEO position at a SACCOS in Botswana?
Executive benefits usually include competitive annual leave, comprehensive medical aid coverage, and a robust pension scheme. Other perks like a company car or housing allowance may also be part of the total compensation package, depending on the employer.
What do employers in Botswana look for when hiring for a CEO role, and what's the best way to apply?
Employers seek candidates with proven leadership acumen, strong financial management skills, and a deep understanding of the cooperative model. Applications typically involve a detailed CV, cover letter, and often require certified copies of academic and professional credentials.