Efficio appoints Melaye Ras-Work as Co-CEO and Toby Munyard as Chief Commercial Officer to drive ambitious global growth

London, UK, 10th November 2025 - Efficio, the world’s leading procurement and supply chain management consultancy, announces two key executive appointments that will underpin the firm’s next phase of strategic growth. Melaye Ras-Work has been named Co-CEO, joining Jens Pedersen in leading the firm, while Toby Munyard has been appointed Chief Commercial Officer.

Efficio’s growth journey continues

Efficio has experienced significant growth and success over the past several years. Efficio’s global management team has propelled Efficio to become the pre-eminent procurement consulting firm globally. The appointments of Melaye Ras-Work and Toby Munyard reflect Efficio’s commitment to deliver on its ambition to double the size of the business within the next four years.

As Co-CEO, Ras-Work will share executive responsibility for realising Efficio’s vision: redefining the procurement consulting market by delivering increased, accelerated, and sustainable value for clients, powered by innovation, technology, and measurable outcomes. In his new role, Munyard will lead Efficio’s commercial strategy and further expand the firm’s footprint across key sectors and regions.

A clear vision for market leadership

“Efficio’s vision is to consolidate its position as the recognised leader in procurement consulting worldwide, with an ambitious plan to double in size. We will achieve this by consistently delivering premium results and supporting clients’ procurement teams to become twice as effective by embedding new delivery models powered by AI and enabling technologies. Melaye and Toby bring deep expertise, strategic vision, and a passion for delivering results that will enable us to achieve our ambitious goals,” said Jens Pedersen, Co-CEO at Efficio.

“We are entering a new chapter for Efficio, defined by our relentless focus on client outcomes, harnessing the power of AI to drive next generation procurement and our commitment to building the strongest team in the market” said Toby Munyard, Chief Commercial Officer at Efficio.

Driving client success, globally

Efficio’s growth strategy will also centre on continuing its global expansion to support clients across sectors and regions. Its recent successful expansion into Asia reflects this commitment and will be followed by further geographic expansion.

About Efficio

Efficio is the world’s leading procurement and supply chain management consultancy, combining expert people, best-in-class methodologies, and proprietary AI tools and digital platforms to deliver sustained impact for clients. With offices across Europe, North America, the Middle East and Asia, Efficio partners with organisations to unlock value, drive transformation, and achieve lasting competitive advantage.

For more information, please contact:
Vicky.cunningham@efficioconsulting.com