Pre-trained speech Transformers in speech translation (ST) have facilitated state-of-theart (SotA) results; yet, using such encoders is computationally expensive. To improve this, we present a novel Reducer Adaptor block, RedApt, that could be seamlessly integrated within any Transformer-based speech encoding architecture. Integrating the pretrained WAV2VEC 2 speech encoder with RedApt brings 41% speedup, 33% memory reduction with 24% fewer FLOPs at inference. To our positive surprise, our ST model with RedApt outperforms the SotA architecture by an average of 0.68 BLEU score on 8 language pairs from Must-C.