Efficient Group Limited at its AGM held on 25 September 2019 announced that the board of directors notified its shareholders that Messrs Matteo Stefanel and Nicholas Luc Smalle have been appointed as non-executive directors of the company with immediate effect. Matteo has a successful track record in private equity and investment banking spanning 23 years focusing specifically on Growth Markets and Financial Services. He is a Managing Partner and Co-Founder of Apis Partners LLP, which manages Apis Growth Fund I and Apis Growth Fund II - two private equity funds focused on investing in financial services companies in Africa and Asia, as well as a number of smaller investment vehicles focused on Fintech investments more globally. Matteo was formerly a partner at The Abraaj Group. Nic is the Managing Director at Apis Partners. He has been with Apis for five years and has led on transactions spanning Insurance, Asset Management and Payments.