Corporate Governance
Titre degradé

BANK OF AFRICA Group’s Chairman & Chief Executive Officer

Mr Othman BENJELLOUN is Chairman and Chief Executive Officer of BANK OF AFRICA Group, formerly Banque Marocaine du Commerce Extérieur, which was privatised in 1995, Chairman of O CAPITAL GROUP Holdings, Chairman of Royale Marocaine d’Assurance and Chairman of Medi Telecom Orange.

He has been the Chairman of the Professional Association of Moroccan Banks (GPBM) since 1995 and was Chairman of the Union of North African Banks from 2007 to 2009.

Mr BENJELLOUN is the founder of BMCE Bank Foundation, which has two main aims:

  • Education, primarily combating illiteracy by building and managing community schools in rural areas in Morocco and Africa.
  • Environmental protection.

Mr BENJELLOUN was appointed as Chancellor of Al Akhawayn University of Ifrane between 1998 and January 2004 by His Majesty the late King Hassan II. In 2007, he was awarded an Honorary Fellowship by King’s College, London.

Since 1981, he has been an Adviser to the Washington- based Center for Strategic International Studies (CSIS) that was formerly overseen by Dr Henry Kissinger. In 2013, the CSIS conferred upon him the prestigious title of Honorary Trustee.

Mr BENJELLOUN has received a number of decorations including Officer of the Order of the Throne by His Majesty the late King Hassan II and Commander of the Order of the Polar Star by His Majesty the King of Sweden. Other distinctions include Commander of the National Order of the Republic of Senegal, Commander by Number of the Order of Isabella the Catholic by His Majesty King Juan Carlos of Spain, Commander of France’s Order of Arts and Letters and, more recently, Commander of the Order of the Grand Star by the Republic of Djibouti.

On 7 April 2010, Mr BENJELLOUN was elevated to the rank of Commander of the Order of the Throne by his Majesty King Mohammed VI.

Born in 1932 in Casablanca, he is a graduate of École Polytechnique Fédérale de Lausanne in Switzerland. Mr BENJELLOUN is married to Dr Leïla MEZIAN BENJELLOUN, an ophthalmologist. They have two children, Dounia and Kamal.

Director and Delegate General Manager

Mr Brahim Benjelloun Touimi is a Director and Delegate General Manager of BANK OF AFRICA. As such, he is Member of the Strategy Task Force, a Board of Directors Committee, responsible for assisting the latter in determining the Group’s medium- and long-term strategy and overseeing implementation of its strategic development plans. He is also a Member of the Chairman’s Committee, the body responsible for steering Group strategy

As part of BANK OF AFRICA Group’s international strategy, Mr Brahim BENJELLOUN-TOUIMI is Chairman of BOA Group Luxembourg, a banking group in which BANK OF AFRICA Group has a stake of just under 73%, with operations in 17 countries in Africa. He is also Director of the Group’s European banking subsidiaries

As far as his other posts are concerned, he is either Chairman or Director of a number of Group companies in Morocco in investment banking, specialised financial services. Within the framework of strategic partnerships with reference shareholders, Mr Brahim BENJELLOUNTOUIMI is a Director of RMA, an insurance company and O Capital Group, its holding company

Reflecting the Group’s commitment to corporate social responsibility, Mr Brahim BENJELLOUN-TOUIMI is a Director of BMCE Bank Foundation for Education and Environmental Protection. He also sits on the Board of Proparco, a financial subsidiary of the French Development Agency, as well as a Director of the Casablanca Stock Exchange.

Born in 1960, Mr Brahim BENJELLOUN TOUIMI is a Doctor of Money, Finance and Banking from Université Paris I Panthéon Sorbonne. He began his career in financial markets in France and went on to become Head of Research within the Securities division at one of France’s leading investment banks. He joined BANK OF AFRICA in 1990. He is married and has 3 children.

Executive General Manager responsible for Group Functions and Operations

In November 2021, Mr Mounir CHRAIBI was appointed as Executive General Manager responsible for Group Functions and Operations. He is responsible for Group Finance as well as BANK OF AFRICA’s technology, legal affairs, logistics, quality and banking processing operations.

Mr CHRAIBI joined BANK OF AFRICA in 2010 as Deputy Chief Executive Officer responsible for the Group Information Technology & Process Division.

As such, he oversaw strategic projects such as designing its Banking and Insurance Information Systems (SIBEA), converging the information systems of BANK OF AFRICA’s domestic and overseas subsidiaries, spinning-off the Bank’s back-office operations and managing the Bank’s digital transformation project.

Mr CHRAIBI is Chairman of the Board of BMCE Immobilier, a subsidiary responsible for proactively managing BANK OF AFRICA’s non-operating real estate portfolio. He is also Chairman of the Supervisory Board of EurAfric Information, a leading high value-added IT services provider as well as Operation Global Services, a services platform specialising in bank transaction processing. Since 2020, he has chaired the Morocco mobile payment services economic interest group (GP2M).

He began his career in 1987 as Project Manager of Crédit du Maroc’s information systems master plan and then, from 1989 to 1994, was made Head of Organisation and Information Systems at the Office d’Exploitation des Ports.

In 1994, he was appointed as Chief Executive Officer of the Office de la Formation Professionnelle et de la Promotion du Travail and then, in 2001, as Chief Executive Officer of the Caisse Nationale de la Sécurité Sociale.

In 2005, Mr CHRAIBI was appointed as Governor of the Marrakesh Tensift Al Haouz region which, during his tenure, attracted a high level of private sector investment and oversaw the launch of several major flagship public projects.

Born in 1963, Mr Mounir CHRAIBI is a graduate engineer of Ecole Polytechnique de Paris and Ecole Nationale Supérieure des Télécommunications de Paris. He was decorated Commander of the Order of Al Arsh Wissam by His Majesty the King in 2008. He is also a Commander of Belgium’s Order of Leopold.


Khalid NASR
Khalid NASR
MR. Khalid NASR
Executive General Manager responsible for Morocco & CIB

In November 2021, Mr Khalid NASR was appointed as BANK OF AFRICA’s Executive General Manager responsible for Morocco & CIB. As such, he oversees a number of businesses – Banking in Morocco, Corporate & Investment Banking, International (excluding Africa) and Loan Recovery.

Mr Khalid NASR is a member of BANK OF AFRICA’s Chairman’s Committee and Group Executive Committee. He is also Chairman of the Supervisory Board of BMCE Capital, the Group’s investment banking division.

He also holds a number of directorships at Group entities including Director of BOA Group, Chairman of the Board of BOA Capital, Director of Maghrebail, Director of BANK OF AFRICA United Kingdom, Director of BOA Europe, Chairman of Salafin’s Supervisory Board, Chairman of Maroc Factoring’s Supervisory Board, Chairman of the Board of BMCE EuroServices.

Mr Khalid NASR has more than 25 years’ experience in finance, the majority of which in senior management positions. He began his career in France at one of Europe’s leading insurance companies. After gaining capital markets experience at a Moroccan bank, Mr Khalid NASR then joined BMCE Capital when it was founded in 1998. He was responsible for developing its capital markets businesses as Head of Fixed Income Trading and then, from 2005, as Head of the Dealing Room.

In 2010, Mr Khalid NASR was appointed as Chairman of BMCE Capital’s Supervisory Board, overseeing the entire investment banking business – Capital Markets, Asset Management, Wealth Management, Financial Advisory, Custody, Securities Brokerage, Financial Research, Real Estate, Securitisation and Private Equity. At the beginning of 2019, Mr Khalid NASR was appointed as Head of BANK OF AFRICA’s Corporate & Investment Banking division.

Mr Khalid NASR holds an Executive MBA from ESSEC Business School, Paris, a Master’s in Finance from ESC Marseilles and a Master’s in Mathematics from Marseilles’ Saint Charles University.

He is also the holder of a number of certificates in specialised disciplines such as Asset & Liability Management (ALM) and Market Risk Management.

Born in 1967, Mr Khalid NASR is married and has three children.

Executive General Manager responsible for Africa

In November 2021, Mr Amine BOUABID was appointed as Executive General Manager responsible for Africa. In addition, since 2015, Mr Amine BOUABID has been Chief Executive Officer of BOA Group Luxembourg, a holding company within BANK OF AFRICA Group, which has operations in 17 African countries as well as in France, with consolidated total assets of EUR 10.3 billion in 2022 and more than 6,000 employees.

Between 2007 and 2016, i.e. for nearly 10 years, Mr BOUABID sat on the Board of Directors of BANK OF AFRICA - BMCE Group, which currently owns 72% of BOA Group S.A.

In 1996, Mr BOUABID was tasked with setting up SALAFIN, a consumer credit institution and subsidiary of BANK OF AFRICA-BMCE Group. He made a significant contribution to this company’s development until 2015.

In 2007, SALAFIN was floated on the Casablanca Stock Exchange. SALAFIN currently employs 340 people and has total assets of more than USD 400 million.

Mr BOUABID began his professional career in 1992 as a financial analyst at Banque Commerciale du Maroc (BCM). The following year, he joined the founders of Casablanca Finance Group (CFG) to participate in its start-up and development. As such, he helped set up a number of business lines at the fledgling investment bank – research and analysis, asset management, brokerage – of which he became Deputy Chief Executive Officer.

Mr BOUABID contributed significantly to Moroccan financial market reforms and helped launch the Casablanca Stock Exchange’s first stock market index.

Mr Amine BOUABID holds a master’s degree in information systems and an MBA from Drexel University in Philadelphia.