Othman Benjelloun & family
#2399

Othman Benjelloun & family

Morocco 93 years old

Overview

Source of Wealth
Banking, insurance
Residence
Casablanca
Education
Ecole Polytechnique de Lausanne (Diploma)
Marital Status
Married
Children
2

Assets

  • Bank of Africa SA
    15,450,000 shares @ -
    -
    BOA-MA

Biography

Othman Benjelloun is CEO of BMCE Bank of Africa, which has assets of more than $12 billion and a presence across West, Central and East Africa.

His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer.

Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange.

He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat, one of the tallest buildings in Africa.

FinanceCom, which largely operates as O Capital Group, is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies.

About

He co-owns Ranch Adarouch, one of the biggest cattle breeders in Africa.

Benjelloun and his wife received the David Rockefeller Bridging Leadership Award for building schools in rural Morocco in 2016.