
Mohamed El-Kettani: Top executive behind Morocco’s $78 billion lender
Mohamed El-Kettani has transformed Attijariwafa Bank into Morocco’s top private lender and a $15-billion African banking powerhouse spanning 27 countries.
Mohamed El-Kettani has transformed Attijariwafa Bank into Morocco’s top private lender and a $15-billion African banking powerhouse spanning 27 countries.
Morocco’s wealthiest individuals are driving economic growth, influencing sectors like real estate, finance, energy, and pharmaceuticals, and enhancing Africa's economic footprint.
His vision has transformed Morocco’s insurance sector and shaped Africa’s financial and industrial landscape.
The company argues that the economic conditions that led to the duty in 2022 have changed, making it unnecessary.
Over the past sixteen days, his shares have increased by MAD536.49 million ($53.62 million), continuing the upward momentum seen throughout 2024.
Lazraq, who controls 51.7 percent of ADI, owns 11.4 million shares, making him the largest shareholder in the company.
Bank of Africa led by Moroccan billionaire Othman Benjelloun sees 31.4-percent surge in profit for H1 2024 despite tough economic conditions.
Moroccan businessman Anas Sefrioui sees $143-million gain on ADH stake
This recent setback adds to Anas Sefrioui’s previous losses, with his stake in ADH declining by $30 million between May 21 and 27.