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01.
Management team

Management team

Our diverse management team consists of talent from the Nordics and East Africa, with backgrounds in Credit Suisse, BCG, KPMG, The Stockholm School of Economics, and Dar es Salaam University.

Co-founder & CEO

Pontus Engström

CFO & Investment Manager

Nedim Efendic

Co-founder

Neema Mori

COO & Investment Manager

Mai Duong

Group Audit and Finance Manager (GAFM)

Parmena Mkuu

Chief Governance and Risk Officer (CGRO)

Torbjörn Jacobsson

Co-founder & CEO

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.

CFO & Investment Manager

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.

 

 

Co-founder

Neema Mori

Born 1978. Co-founder since 2014

Experience: Dr. Mori is a faculty member in the Department of Finance of the University of Dar es Salaam Business School – the leading business school in Tanzania. She has research and consultancy experience in microfinance, corporate governance, small business management and entrepreneurship.

Current Board assignments and similar: Board member of Air Tanzania (ATCL) and Deputy Chairman of CRDB.

 

COO & Investment Manager

Mai Duong

Born 1990. COO & Investment Manager since 2019

Experience: Mai has lived and worked in Tanzania for a three-year period for MTI’s subsidiary Atsoko Tanzania Ltd. She has more than five years of experience in retail and business management.

Education: Bachelor’s degree in Retail Management and a master’s degree in Business & Management from the Stockholm School of Economics, Stockholm, Sweden.

Current Board assignments and similar: Board member of Atsoko International AB

 

 

 

Group Audit and Finance Manager (GAFM)

Parmena Mkuu

Born 1991. Group Audit and Finance Manager (GAFM) since 2022

Experience: Parmena has over eight years of experience in audit and finance.  He has been working for manufacturing, donor-funded projects, accounting firms, and the automotive industry for corporations like Deloitte, KPMG, and Nissan Tanzania.

Education: Bachelor of Accounting and Finance from Mzumbe University, Morogoro, Tanzania and a member of the Association of Chartered Certified Accountants (UK)

 

 

 

Chief Governance and Risk Officer (CGRO)

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.

 

02.
Advisory team

Advisory team

MTI’s advisory team is a mix of professionals with many years of experience in finance, law, communications, technology, and entrepreneurship.

Senior Advisor

Fredrik Gottlieb

Senior Advisor

Prof. Lars Oxelheim

Senior Advisor

Eva Nielsen

Senior Advisor

Dr. Rotem Shneor

Advisory team

Bo Niveman

Advisory team

Dag Klerfelt

Senior Advisor

Adam Alhström

Senior Advisor

Fredrik Gottlieb

Experience:

Chairman of the Board of Garantum Fondkommission in Sweden.

Senior Advisor

Prof. Lars Oxelheim

Experience:

Holds a Chair in International Business and Finance at the Lund Institute of Economic Research, Lund University. He is affiliated with the Research Institute of Industrial Economics (Institutet för Näringslivsforskning), Stockholm, and an honorary professor at the Fudan University, Shanghai. Oxelheim’s experience on macro-economic policy and firm’s financial strategies is particularly relevant for MTI Investment.

Senior Advisor

Eva Nielsen

Experience:

Co-founder and CEO at Cloudberry, a leading Nordic PR and communications agency.  Eva is also co-founder of Digital Tolk AB and holds a Bachelor of Science in Business Administration, Economics and Economical History from Stockholm University.

Senior Advisor

Dr. Rotem Shneor

Experience:

Associate Professor at the University of Agder and project leader at the Nordic Crowdfunding Alliance. Shneor has extensive business and research experience in the area of international marketing, entrepreneurship – particularly in the knowledge-based industries.

Advisory team

Bo Niveman

Experience:

Bo Niveman has a solid background from the Swedish industry including Atlas Copco, Sandvik and as CFO of Duroc AB. Bo Niveman has also worked as a consultant for several entrepreneurial companies during his term as a senior consultant at KPMG Management Consulting.

Advisory team

Dag Klerfelt

Experience:

Advisor and investor in property, finance and IT. Dag has an MSc in Real Estate Economics. Long experience of financial institutions as Skandia and D.Carnegie, deeply involved in the bank- and property crisis in the 90s and reconstruction engaged by the Department of Finance and Bank Support Authority. Mr. Klerfelt is also active as moderator, discussion panels, and chronicler.

Senior Advisor

Adam Alhström

Experience:

Experience as a portfolio manager at SEB. Today a private investor with entrepreneurial ambitions.

03.
Board Members

Board of Directors

MTI’s board members include a business professor, a board veteran with more than 40 years of experience in the financial industry, and an experienced asset manager.

Co-founder & Chairman

Trond Randøy

Board Member

Christer Käck

Board Member

Magdalena Johansson

Board Member

Bengt Svelander

Co-founder & Chairman

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: 880 600 shares

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

Board Member

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: 102 498 shares

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

Board Member

Magdalena Johansson

Born 1959. Board member since 2022.

Experience: Magdalena Johansson has over 20 years of experience working with financing and business development in everything from innovative start-ups to multinational companies, both in Sweden and internationally. Today she is the CEO of ALMI Halland, chairman of Walkbeat, and chairman of UF Halland. Magdalena is driven by building companies that are able to grow and navigate in an increasingly complex world. Magdalena creates companies according to the triple bottom line, i.e. that we must take people, the planet & profit into account in order to create long-term sustainable companies. The sustainability aspect and its impact on future profitability is a priority issue for Magdalena. Magdalena sees her strength in looking at the whole, being able to put companies in the right context, see how the business model is affected by changes in the world around them and get them to act accordingly. Magdalena focuses on getting companies to identify strategic choices in order to then be able to prioritize and focus on what creates customer value.

Education: Master of Business Administration from Lund University and an MBA from Regent Business School South Africa.

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

Number of shares in the company: 0 shares

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

Board Member

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: 11 196 shares

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

04.
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