Our Team
EFTA has built a strong team with a blend of experience from across the world and investment knowledge in Tanzania. EFTA currently has a team of over 60, drawing on Tanzanian talent from across the country.
Nicomed Bohay
Managing Director
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Leonce Malamsha
Head of Operation
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Mussa Mwachaga
Financial Controller
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Goodluck Philipo
Head of Credit
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Emmanuel Richard
Head of Internal Audit
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Lucy Bwana
Head of Humana Resource
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Oliver Israel
Procurement Manager
Oliver joined EFTA in April 2019 as a Finance Officer. Prior to joining EFTA, he worked with Tanzania Ports Authority as an Assistant Commercial Officer for 5 years. He has experience in procurement and supply management from both government and private sectors. Oliver holds an Advanced Diploma in Business Management and a Post Graduate Diploma in Economic Diplomacy from Mozambique-Tanzania Centre for Foreign Relation.
Clerius Asiel
Commercial of Sales Manager
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Otto Massawe
Branch Manager - Moshi
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Kennedy Mboyelwa
Branch Manager - Bukoba
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Board of Directors
Michiel Timmerman
Chairman
Michiel Timmerman co-founded EFTA Ltd in 2005. Michiel is CEO of Mbuyu Capital Partners, an Africa-focused investment business. Before founding Mbuyu, Michiel was MD and Chief Investment Officer of Ignis Advisors, Ignis Asset Management’s $3.5bn alternative investment business, investing in hedge funds, private equity and real estate. He is also a non-executive director of two AgDevCo Ltd, an African agriculture investor, and of LAFCo Ltd, which finances working capital for SMEs in the African agriculture sector.
Clement Kwayu
Director
Clement is Co-Founder and Director of EFTA. Clement also acts as Managing Director of BUMACO, EFA’s partner in Tanzania. BUMACO is a well-established management consultancy and insurance brokerage business, with offices in Moshi (Kilimanjaro region) and Dar es Salaam. Clement is a specialist in co-operatives and rural development and founded BUMACO in 1982.
James de la Fargue
Director
James is a Zimbabwean citizen with a BA (Hons) Business Administration and ACCA, who worked in Europe for several years with Unilever PLC, Deloitte and the French group Chargeurs SA. In Zimbabwe, he was head of corporate finance at Merchant Bank of Central Africa (MBCA). James has extensive experience in both agriculture and financial services in the region, serving on the boards of NMB Bank and African Century Leasing in Zimbabwe and several companies in Mozambique.
Sean Carey
Director
Sean is Associate Director at AgDevCo and he is responsible for certain new and existing investments across the AgDevCo portfolio. Sean joined AgDevCo’s London office from an alternative investment business, focusing on renewable energy, infrastructure and other real asset investments. Sean previously worked for Ernst & Young focussing on multinational mining, renewable energy and oil & gas engagements in various countries. Sean grew up in South Africa and graduated from the University of Cape Town with a Bachelor of Business Science degree specialising in finance and management and is also a chartered accountant (CA).
Simeon Galpert
Director
Simeon is an accountant, and has held senior finance and treasury positions at major companies including Guinness, Saatchi & Saatchi and WPP. He was most recently Director of Treasury, Tax and Risk Management at Guinness, before becoming an independent consultant. He has also undertaken consulting work for the IFC in East Africa on small business investment and performance monitoring.
