Board of directors
Established in 2000
EFAG Board of Directors play a critical role in ensuring good corporate governance among its subsidiaries and the long-term success across all the subsidiaries.
Primary responsibilities of EFAG Board of Directors include overseeing the establishment of subsidiaries in Africa, setting overall strategic direction of all subsidiaries in Africa, ensuring that financial and legal obligations are met, and making high-level decisions to help guide the EFAG vision successful.
BOARD OF DIRECTORS
Dr. Michiel Timmerman
Executive Chair
Dr. Michiel Timmerman
Executive Chair
Michiel is co-founder of EFTA in Tanzania in 2005. He has been closely involved in the development of the business, resulting in raising equity investment from, amongst others, KfW, MEDA and Small Foundation to create the Group in Mauritius and EFKen in 2020.
Michiel focuses on strategy, business performance and fundraising and is on the board of EFKen, EFTA and EFZA.
Michiel’s professional experience is in senior roles in institutional investment management. He founded Mbuyu Capital Partners in 2013 to focus on private equity investment in Africa. Michiel moves between the UK, the Netherlands and East Africa.
Mr. Jeremy Lefroy
Executive Director
Mr. Jeremy Lefroy
Executive Director
Jeremy is co-founder of EFTA in Tanzania in 2005. He has operated in East Africa for many years, especially in the coffee industry, but also in other agricultural commodities and agri-processing. He lived in Tanzania for 10 years and speaks Swahili fluently. He is actively involved in the East Africa Association (a UK-East Africa business organization) and Café Africa Trust, which supports the development of the coffee sector in East Africa. He was a member of Parliament in the UK for nine years (2010-19) with a particular commitment to international development. Jeremy moves between the UK and East Africa.
Mr. Christopher Evan Isaac
Non-executive Director
Mr. Christopher Evan Isaac
Non-executive Director
Chris is AgDevCo’s Chief Investment Officer (CIO) and one of the company’s founding directors. He has been working in development finance in Africa for the past 20 years, including periods living in Namibia and Mozambique. Prior to AgDevCo, Chris worked in infrastructure project development with InfraCo Africa; as an economic adviser in the UK’s Department for International Development; and as an economist in the Ministry of Finance in Namibia. He started his career in corporate finance with Arthur Andersen. Chris holds economics degrees from University College, Oxford (BA Hons) and the London School of Economics (MSc). He also holds a number of board positions in AgDevCo’s subsidiary and investee companies.
Mr. Jean Claude Permal
Non-executive Director
Mr. Jean Claude Permal
Non-executive Director
Jean-Claude is one of EFAfrica Group’s Mauritius resident directors and Executive Director and Chief Operating Officer of Axis Fiduciary, one of Mauritius’ leading corporate services providers.
Mr. Adrianus Kees Verbeek
Non-executive Director
Mr. Adrianus Kees Verbeek
Non-executive Director
Kees has a strong background in agribusiness, as a graduate from the Wageningen University and spent the early part of his career in assignments in the cotton industry, seed business and as an agribusiness consultant. Kees has a strong emerging markets focus, with over seven years spent in Africa (Kenya, Mali and Tanzania). Kees is a seasoned wholesale banker in the agribusiness sector having executed over 100 transactions in various jurisdictions and an experienced manager of small and large teams, from his banking positions, including an executive position at Rabobank. Kees also brings to EFAfrica Group a vast network in the Dutch and international agribusiness world as a result of 30 years’ passionate involvement in the sector.
Mr. Benu Servansingh
Non-executive Director
Mr. Benu Servansingh
Non-executive Director
Benu is one of EFAfrica Group’s Mauritius resident directors and Chairman of Axis Fiduciary, one of Mauritius’ leading corporate services providers.
