Management team

Pontus Engström

Born 1971. CEO since 2014.

Experience: Dr. Engström brings with him 15 years of portfolio investment and consulting experience from firms such as Credit Swiss, DnB, and Boston Consulting Group. He has research experience in financing of entrepreneurship and human resource management.

Education: Bachelor’s degree from the Slippery Rock University of Pennsylvania, Philadelphia, USA. A master’s degree in International Business & Finance from the Stockholm School of Economics, Stockholm, Sweden, and a Ph.D. from the University of Agder in Norway.

Current Board assignments and similar: Founder and Board member of Fintech Africa AB, Chairman of Atsoko International AB, Chairman of Ecohomes Company Ltd, Chairman of Zanrec AB.

Dependency status: Dependent in relation to the company and its management. Dependent in relation to the company’s major shareholders.

Number of shares in the company: 293 352 shares

Nedim Efendic

Born 1978. CFO & Investment Manager since 2021.

Experience: Nedim has more than 15 years of experience in finance, business development and entrepreneurship. Nedim has an academic background and has done research in entrepreneurship. He has both started his own companies and worked for large companies such as UBS, KPMG and Raiffeisen Bank International AG. He has previous experience as a CFO for a fintech company.

Education: M.Sc. in Business Administration & Economics and a Ph.D. from the Stockholm School of Economics, Stockholm, Sweden.

Current Board assignments and similar: Board member of Observatory Partners AB, Deputy board member of Scaleprocess AB, Board member of ID Meetings AB, Board member of Observatory Partners Group AB, Deputy board member of Patrik Severgårdh Konsult AB, and Deputy board member of PureCom AB.

Number of shares in the company: 53 235 shares

Noah Amri Mwakanyamale

Born 1993. Investment Director since 2023

Experience: Noah has over eight years of experience in Investments Portfolio Management and Corporate Business Development. He has been working for Public Pension Funds (PSPF & NSSF), Housing Development and Financing company (HDFC), Agricultural Startup Investments and Ecohomes Construction Company in Tanzania.

Education: Best Overall Student (2015) in Bachelor of Science in Real Estate Finance and Investment from Ardhi University, Dar es Salaam, Tanzania, CFA Level I and a member of Association of Real Estate Professionals of Tanzania (AREPTA).

Manvi Mathur

Born 1976. Finance & Operations Manager since 2023.

Experience: Manvi has over 12 years of work experience in the financial services sector focusing on business management, credit and business analysis and corporate business development for asset based lending to corporates. In her last assignment with a leading Non-Bank Finance company in India, she was a part of the company’s senior management as a member of the company’s credit committee and had the responsibility of managing the business operations for North India as Vice President – Delhi.

Education: Bachelor in Science from Dehli University and Master in Business Administration from Maharshi Dayanand University. The focus area of study was in finance and marketing.

Current Board assignments and similar: Deputy board member of East African Food AB.

Torbjörn Jacobsson

Born 1970. Chief Governance and Risk Officer (CGRO) since 2022

Experience: Torbjörn Jacobsson has more than 25 years of experience in banking and finance. Torbjörn is the Chief Governance and Risk Officer (CGRO) of MTI Investment since May 2022. He is vice chairman of Sörmlands Sparbank and active in his own consulting company. Torbjörn helped to develop and build Marginalen Bank where he later worked as the CFO, CRO and CTO.

Education: Master’s degree in Economics in Business Administration / Executive MBA from Stockholm University, Stockholm, Sweden. Torbjörn has a certified controller education from the University of Business, Stockholm, Sweden, and holds a degree in Finance Management from the Institute of Business Administration, Stockholm, Sweden. Torbjörn also has a degree in professional board assignment from Michaël Berglund Board Value.

Current Board assignments and similar: Board member of Ecohomes Company Limited, Board member of Loomis Digital Solution AB, Co-founder and Board member of Fintetch AB/Mtaji Wetu Finance Tanzania Ltd, Vice-chairman of Sörmlands Sparbank, Chairman of  Andreaskyrkan, and board member of Equmeniakyrkan, founder/owner/CEO of Consulting T Jacobsson AB.

Number of shares in the company: 11 200 shares

Dependency status: Dependent in relation to the company and its management. Independent in relation to the company’s major shareholders.

Trond Randøy

Born 1962. Chairman since 2014.

Experience: Prof. Randøy has extensive research and business experience in the area of international business, entrepreneurship, and corporate governance. He has more than 10 years of exposure to East Africa through research and board membership in Strømme Foundation. He has authored more than 50 articles in journals such as the Journal of International Business Studies, Journal of Business Venturing, Entrepreneurship Theory, and Practice, etc. Trond is currently a Professor with the Center for Corporate Governance at Copenhagen Business School. He emphasizes the value of close cooperation with businesses and has co-founded several firms in Norway, Sweden, the US, and Tanzania.

Education: MBA from Charles H. Lundquist College of Business, Oregon, USA, and a Ph.D. in International Management from the School of Business, Bergen, Norway.

Current Board assignments and similar: Deputy board member of Fintech Africa AB, board member of Sparbaken Sør, Co-founder and chairman of Agder Aviation Teach Team AS, board member of Ecohomes Company Ltd, and board member of MTI Investment Ltd.

Number of shares in the company: 899 400 shares

Dependency status: Independent in relation to the company and its management. Dependent in relation to the company’s major shareholders.

Christer Käck

Born 1953. Board member since 2014.

Experience: Christer Käck has over 40 years of experience in the financial industry, ranging from companies such as PK-banken, Götabanken, Skandia Asset Management and DnB.

Education: Bachelor’s degree in Economics from Stockholm University, Stockholm, Sweden, and a diploma in Financial Analysis from the Stockholm School of Economics, Sweden.

Current Board assignments and similar: Board member of Aktie-Ansvar, Fonddelegationen at Kammarkollegiet, Board member of Garantum, Investment council for the Swedish Journalists Association

Number of shares in the company: 144 250 shares

Dependency status: Independent in relation to the company and its management. Independent in relation to the company’s major shareholders.

Bengt Svelander

Born 1960. Board member since 2022.

Experience: Bengt Svelander has over 38 years of experience in the financial industry, including as CEO of Consensus Fondkommission, CEO of Danske Bank’s Sweden branch, CEO and founder of a hedge fund domiciled in Ireland, founder, and CEO of Nykredit Bank’s Sweden branch and head of asset management at Kammarkollegiet. During this time, Bengt was also a board member in various Swedish and international operations.

Education: Bachelor of Science in Business and Economics, Uppsala University, Sweden.

Current Board assignments and similar: Member of the advisory board at Hypoteket AB.

Number of shares in the company: 31 990 shares

Dependency status: Independent in relation to the company and its management. Independent in relation to the company’s major shareholders.

Martin Rex Empacher

Born 1977. Board members since 2024.

Experience:  Martin Rex Empacher has 18 years of experience in the financial industry. He has extensive experience in asset management and is a co-founder of Yardhouse Capital Group in Denmark. Before his current assignments, Martin had significant roles at Muzinich & Co, where he managed institutional client relationships and led marketing efforts for the Nordic region. His career also includes service at Saxo Wealth Management, Gudme Raaschou Asset Management, Nordea Investment Management, and Danske Bank.

Education: He holds a degree in Finance from Copenhagen Business School.

Current Board assignments and similar: He is currently a board member of Yardhouse Capital Group, Silva Baltica 3 ApS, Zanrec Plastics Company AB in Sweden.

Number of shares in the company: 330 165 shares

Dependency status: Independent in relation to the company and its management. Dependent in relation to the company’s major shareholders (Holdingselskabet Claus Jörgensen II ApS).

Martin Ackermann

Born 1977. Board members since 2024.

Experience:  Martin Ackermann has over two decades of experience in the maritime industry. He has served as Chief Commercial Officer at Synergy Marine Group, CEO of the publicly listed company BW LPG, and CEO of Evergas, as well as Managing Director for both Eitzen Gas and B-Gas. He has also been a board
member of the World LPG Association.

Education: He has received executive qualifications from INSEAD, China Europe International Business School, The Oxford Princeton Programme and Copenhagen Business School.

Current Board assignments and similar: He is the chairman and co-founder of ClearVoyage, an organization with the vision to reduce complexity and risk in commercial maritime operations.

Number of shares in the company: 600 000 shares

Dependency status: Independent in relation to the company and its management. Dependent in relation to the company’s major shareholders.