Octagon Africa Appoints Davis Ongiro as New Kenya CEO, Targets Pension Access for Millions
By Samson Kurgat | Nairobi, KENYA,
Octagon Africa has announced the appointment of Davis Ongiro as the new Chief Executive Officer for its Kenyan operations. The appointment, effective immediately, positions the pensions and financial services leader to drive its ambitious agenda of making retirement solutions accessible to millions of Kenyans, particularly those in the often-overlooked Micro, Small, and Medium-sized Enterprise (MSME) sector.
Fred Waswa, Group CEO of Octagon Africa, endorsed Ongiro as the ideal leader for this next phase, citing his “deep industry expertise and strong track record within Octagon.” Ongiro is a seasoned insider, having previously served as General Manager for Marketing, Product and Business Development.
Ongiro’s vision is focused on transforming the retirement landscape in Kenya. “Our goal is to ensure that every worker, regardless of their income level or employer size, can retire with dignity and confidence,” the new CEO stated.
Recently, Octagon Africa partnered with Alexforbes, one of South and Central Africa’s leading financial services providers and pension administrators, to roll out an affordable retirement benefits solution tailored for Kenya’s MSME sector, a segment employing over 15 million Kenyans that has long been excluded from formal pension schemes.
The leadership change signals Octagon Africa’s intensified push to close the pension gap in Kenya. With a proven leader at the helm and a targeted product for the massive informal and MSME sectors, the company is poised to significantly influence how the nation prepares for retirement, aiming to change the narrative from uncertainty to financial security for all workers.
