Maroc Telecom witnessed a significant leadership change today, as Abdeslam Ahizoune was relieved of his position as CEO after 24 years at the helm. He will be replaced by Mohamed Benchaaboun, the current Director of the Mohammed VI Investment Fund and former head of the National Telecommunications Regulatory Agency (ANRT).
According to informed sources, the decision was made during a meeting of Maroc Telecom’s Supervisory Board, driven by the Emirati company Etisalat, which owns 53% of the Moroccan company’s shares. Ahizoune’s management had been sharply criticized due to the group’s declining performance in recent years, both domestically in Morocco and in African markets.
Relations between Ahizoune and regulatory authorities had also experienced significant tensions in the past, particularly in 2014, when Ahizoune criticized the unbundling of the company’s infrastructure, arguing that it would unfairly benefit competitors.
It is worth noting that Ahizoune faced a series of criticisms in recent years, not only for his management of Maroc Telecom but also during his presidency of the Royal Moroccan Athletics Federation, where he was heavily criticized for the lack of tangible results and what some considered to be haphazard management.
On the other hand, Mohamed Benchaaboun, who has assumed the new position, is seen as a highly experienced figure in the telecommunications sector, having previously led the National Telecommunications Regulatory Agency. This makes him an ideal candidate to steer Maroc Telecom into a new phase aimed at enhancing its performance and restoring its competitive edge.