Board of Directors

The governance structure guiding EFKen Leasing.

Governance Structure

Board of Directors

The Board of Directors at EFKen Leasing.

Michiel Timmerman

Chairperson

Michiel Timmerman co-founded EFTA Ltd in Tanzania in 2005 and EFAfrica Group, the holding company for EFKen and EFTA, in 2020. Michiel is the chairman of EFAfrica Group and Founder and Managing Partner of Mbuyu Capital Partners, an Africa-focused private equity investment manager. He is also a non-executive director of LAFCo Ltd, which finances working capital for SMEs in the African agriculture sector.

Jeremy Lefroy

Director

Jeremy Lefroy's work involves smallholder agriculture in Africa; supporting growth of jobs and livelihoods in the UK and East Africa; and working with partners to tackle infectious diseases. A chartered accountant (FCA), Jeremy has worked for 30 years in the coffee and cocoa business — including 11 in Tanzania. He co-founded the Biolands Group (now part of Barry Callebaut AG) and the Equity for Africa Group. He was a UK Member of Parliament (2010–19) and the UK Prime Minister's Trade Envoy to Ethiopia (2017–19). In addition to chairing the Relationships Foundation, Jeremy is vice chair of the Liverpool School of Tropical Medicine, and a Deputy Lieutenant of the County of Staffordshire.

John Jakobsson

Director

Mr. Jakobsson has 10+ years' experience in the banking, finance and investment industry. He started his career in London at RBS/NatWest in Leveraged Finance, later joining Rift Valley Corporation where he worked across operational and finance roles in agriculture and renewable energy. He serves as Investment Director at AgDevCo and is a Director of EFTA in Tanzania and EFKen in Kenya. He holds an MBA from the Stockholm School of Economics and a BSc (Hons) in Management from the University of Warwick.

Nicomed Bohay

Director

Mr. Bohay has over 25 years' experience in agricultural finance with a background in banking. Prior to joining EFTA as Managing Director, he was Managing Director at PASS, where he introduced the Agribusiness Innovation Centre and founded the PASS lease finance company to facilitate farmers' access to agricultural equipment. He previously served as Head of Agribusiness at CRDB Bank PLC. He holds a Bachelor of Business Management from the University of Mysore and an MBA from the University of Leicester.

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