The Moroccan Association of Capital Investors (AMIC) was appointed, at the end of its General Assembly held last Tuesday, a new Board of Directors which unanimously elected Hatim Ben Ahmed as President. A private equity professional in Morocco and on the African continent since 2008, Hatim Ben Ahmed succeeds Tarik Haddi, AMIC said in a press release.
“During this mandate, thanks to all the members of the Board, who have become a collegial steering body, we have been able to strengthen coordination and proximity with all the parties concerned in our industry, progress on all the structuring projects for our activity, initiate a proactive approach towards institutional investors and structuring institutional communication aimed at promoting our high-impact growth stocks”, declared Tarik Haddi on this occasion. And to add: “Our great ambition is to make our country a stronghold of private equity in Africa. I remain mobilized within the new Board and at the disposal of the new office, led by my friend Hatim, to achieve this magnificent challenge”.
Managing Partner and co-founder of Mediterrania Capital Partners, an African private equity firm with 400 million euros under management, Hatim Ben Ahmed is a member of the firm’s investment committee and represents it on numerous boards of directors in North Africa and sub-Saharan Africa. He will be assisted in his mission by a new office, a management body responsible for defining and overseeing the implementation of strategic choices. This office is made up of a vice-president and a treasurer: Bassim Jaï Hokimi, CEO of Atlamed and Khaoula Ramdi, investment director at Upline Investments.
The four other directors appointed are Attijari Capital Management, represented by Fouad Chaguer, CEO, Azur Innovation Management, represented by Tarik Haddi, director and CEO, CDG Invest Growth, represented by Hassan Laaziri, CEO and Private Equity Initiatives, represented by Farid Benlafdil, associate director.
“I would like to thank the members of AMIC’s board of directors for having elected me as president of our association. It is a confidence which honors me and which also obliges me. Indeed, we are living in an economic period particularly complicated and more than ever, private equity will have to play a significant role alongside Moroccan entrepreneurs,” said Hatim Ben Ahmed following his appointment. “The role of our association is to promote our activity to the entire ecosystem and thus participate in the revitalization of our economy. I sincerely believe that Morocco has all the assets to become a leader on the continent in terms of capital penetration. -investment and I will strive during my mandate to contribute to it”, he maintained.
Hatim Ben Ahmed also highlighted the remarkable work accomplished by Tarik Haddi as President of AMIC over the past two years, which has strengthened the Association’s influence with entrepreneurs, public authorities, bodies representing companies, investors and fund managers. As new president, Hatim Ben Ahmed plans to continue the efforts of AMIC which have resulted, in nearly 20 years, in supporting more than 240 companies and raising nearly 23.6 billion dirhams. (MMDH) to finance companies and infrastructure projects with a positive impact on both growth and ESG aspects.