The study was conducted behind the contribution the Kenyan Sacco Sub Sector has on financial access to the Kenyan population. In midst of this remarkable contribution to the economy, the sub sector is facing competition mainly due to advancement of technology with some Saccos being riddled with poor governance issues. Hence the basis of the study was to investigate the place of innovation and governance as predictors of improved performance. The study objective was to dertemine the moderating effect of Innovation on the relationship between the dimensions of corporate governance and performance of Deposit Taking SACCOs in Kenya.The research hypothesis was there is no significant moderating effect of innovation on the relationship between dimensions of corporate governance and performance of deposit taking SACCOs in Kenya. The study was based on the domain of corporate governance and anchored on the Resource Dependence Theory, Agency Theory, Stewardship Theory, Upper Echelons Theory and Dynamic Capabilities Theory. Philosophical orientation of the study was pragmatic, with both descriptive cross-sectional survey and correlational research designs adopted. A sample size of 108 licensed Deposit Taking Saccos in Kenya was drawn from a target population of 150 using both stratified and random sampling. Semi structured questionnaire was developed, piloted, and administered to collect primary data from Chief Executive Officers, Board members, Managers and Sacco employeeswith a return rate of 97%. Secondary data collection sheet was used to collect secondary data from published annual financial reports from the Sacco regulator. The tets of validity and reliability, basic assumptions of regression were conducted. Decsriptive statistcis, Pearson’s correlation and inferential statistcis were used to analyse data, which was presented inform of frequencies and tables. The findings suggest that the overall correlation coefficient was 0.538 with the p-values (0.000<0.05) implying that there is a significant moderating effect of Innovation on the relationship between dimensions of corporate governance and performance of deposit taking SACCOs in Kenya. This leads to rejection of the null hypothesis; that Innovation does not significantly moderate the relationships between corporate governance and performance. Further, moderating effect of Innovation predicted up to 36.3% of the variance in performance, which was statistically significant. The study concluded that dimensions of corporate governance alone may not ensure the desired performance, however with organisations implementing innovative measures, improved performance can be achieved. Study recommendations include compliance with existing corporate govenance practices, with the industry regulators providing the required oversight and investment in innovation to remain competitive. Limitations of the study included contingencies, choice of study variables and measurement scale. Areas for further studies suggested are introduction of different moderating variables on the relationship between dimensions of corporate governance and performance in the Sacco sub sector and other industries to corroborate these findings and focus on different dimensions of corporate governance.