Octagon Africa, a leading regional financial services provider in pensions administration, insurance brokerage, actuarial, trust, and training solutions, has appointed Davis Ongiro as the new Chief Executive Officer for its Kenyan operations. This appointment marks a significant step in the firm’s ongoing commitment to strengthening its leadership capacity and driving innovation in financial and retirement solutions across the country.
With an extensive background in the pensions and insurance industries, Ongiro brings a wealth of experience and insight to his new role. Having previously served as General Manager for Marketing, Product, and Business Development at Octagon, he successfully led initiatives that enhanced product innovation, distribution, and market expansion. His career at Octagon also includes a notable tenure as Senior Manager, Business Development at Octagon Pension Services Limited, where he championed strategies that deepened client engagement and expanded the company’s market footprint.
As CEO, Ongiro will oversee Octagon Africa’s strategic direction and growth in Kenya, focusing on driving access to affordable and inclusive retirement solutions for millions of Kenyans, particularly in the micro, small, and medium-sized enterprise (MSME) sector. His leadership will also be central to expanding the company’s digital solutions, strengthening strategic partnerships, and promoting financial security and dignity in retirement.
Speaking on the appointment, Octagon Africa Group CEO Fred Waswa expressed confidence in Ongiro’s leadership, describing him as the right person to lead the company’s next phase of growth. “His leadership, deep industry expertise, and strong track record within Octagon make him the ideal person to lead our next phase of growth. Under his stewardship, we are confident that Octagon will continue to deliver innovative and inclusive financial solutions that meet the evolving needs of our clients,” said Waswa. Ongiro emphasized his commitment to transforming how Kenyans prepare for retirement, noting that Octagon’s vision is to ensure that every worker—regardless of income level or employer size—can retire with dignity and confidence.
This announcement follows Octagon Africa’s recent partnership with Alexforbes, one of South and Central Africa’s leading financial services providers, to introduce an affordable retirement benefits solution tailored for Kenya’s MSME sector. Through the Octagon Umbrella Retirement Benefits Scheme, even small enterprises can now offer retirement savings, group life, and medical cover to their employees. The initiative reflects Octagon’s broader mission to advance financial inclusion, leveraging digital innovation to make pension and insurance solutions more accessible, transparent, and impactful across East Africa.
