NAIROBI, Kenya- Octagon Africa, a leading regional provider of pension administration, trust services, insurance brokerage, actuarial, and training solutions, has appointed Davis Ongiro as the new Chief Executive Officer for its Kenyan operations.
In his new role, Ongiro will steer Octagon’s strategic growth in Kenya, focusing on strengthening client relationships, driving product innovation, and expanding access to affordable retirement solutions for Kenyans across all income segments, including the micro, small, and medium-sized enterprise (MSME) sector and large corporates.
Group CEO Fred Waswa expressed confidence in Ongiro’s appointment, describing him as a visionary leader with deep industry experience and a proven record of performance.
“His leadership, deep industry expertise, and strong track record within Octagon make him the ideal person to lead our next phase of growth,” said Waswa. “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.”
Ongiro, an accomplished professional in the pensions and insurance industries, previously served as General Manager for Marketing, Product, and Business Development at Octagon, where he oversaw market expansion and the rollout of new financial products.
Before that, he was Senior Manager for Business Development at Octagon Pension Services Limited, where he led initiatives that deepened client engagement and business growth.
A strong advocate of financial inclusion, Ongiro holds a Bachelor of Science in Actuarial Science, and is currently pursuing both a Diploma in Insurance and an MBA from the University of East London.
His expertise spans product innovation, market segmentation, and pension and insurance distribution strategies.
Speaking after his appointment, Ongiro underscored his commitment to transforming Kenya’s retirement landscape.
“Octagon has been on a remarkable journey over the past 18 years, growing into one of the most dynamic financial services firms in the region,” said Ongiro.
“In the next five years, we aim to redefine how Kenyans prepare for retirement. Every worker—regardless of income level or employer size—should be able to retire with dignity and confidence. We are here to change the narrative around retirement savings in Kenya.”
Recently, Octagon Africa partnered with Alexforbes, one of South and Central Africa’s leading pension administrators, to launch an affordable retirement benefits solution tailored for Kenya’s MSME sector.
Through the Octagon Umbrella Retirement Benefits Scheme, enterprises with as few as three employees can now offer their staff access to retirement savings, group life, and medical cover.
The scheme is designed for affordability, flexibility, and transparency, leveraging digital platforms to simplify management and ensure compliance.
Founded in 2007, Octagon Africa operates in Kenya, Uganda, and Zambia, offering pension management, actuarial, asset consulting, and training services to public, private, and non-profit organizations across the region.
