Octagon Africa has appointed Davis Ongiro as the new Chief Executive Officer for its Kenyan operations, marking a pivotal step in the company’s continued journey toward innovation and financial inclusion. As a leading regional provider of pension administration, insurance brokerage, actuarial, trust, and training services, Octagon Africa is entrusting Ongiro with steering its strategic growth and enhancing its market presence within Kenya’s evolving financial landscape.
In his new role, Ongiro will focus on strengthening client relationships, driving innovation across pension and insurance products, and expanding access to affordable retirement solutions for Kenyans. His leadership will be instrumental in deepening Octagon’s impact among micro, small, and medium-sized enterprises (MSMEs) and large corporates, ensuring more workers across different sectors can plan for a secure and dignified retirement. According to Fred Waswa, Group CEO of Octagon Africa, Ongiro’s proven expertise and leadership within the organization position him well to lead this next chapter of growth and transformation.
Ongiro brings a wealth of experience to the position, having served as General Manager for Marketing, Product and Business Development at Octagon. In that role, he successfully led initiatives around product innovation, market expansion, and client engagement. His previous tenure as Senior Manager for Business Development at Octagon Pension Services Limited also contributed significantly to the firm’s growth and industry leadership. Holding a Bachelor’s degree in Actuarial Science and currently pursuing a Diploma in Insurance and an MBA from the University of East London, Ongiro has consistently demonstrated commitment to professional excellence and financial inclusion.
Upon his appointment, Ongiro expressed his vision for the next five years, emphasizing Octagon’s mission to transform how Kenyans prepare for retirement. His focus will be on strengthening the company’s client-centric approach, advancing digital pension and insurance solutions, and forging strategic partnerships that promote financial security and inclusivity. He underscored that Octagon’s goal is to ensure every Kenyan worker—regardless of income level or employer size—can retire with confidence and dignity, reshaping the national conversation around retirement planning.
Recently, Octagon Africa partnered with Alexforbes, one of South and Central Africa’s leading financial services providers, to roll out an affordable retirement benefits solution tailored for Kenya’s MSME sector. Through the Octagon Umbrella Retirement Benefits Scheme, businesses with as few as three employees can now provide access to retirement savings, group life, and medical cover. This initiative reflects Octagon’s continued commitment to inclusion, innovation, and financial empowerment across Kenya and the wider region.
