Nafissa Kassar Appointed Head of Al Mada Group, Succeeding the Late Hassan Ouriagly

The Board of Directors of Al Mada Group, which met today, Friday, announced the appointment of Nafissa Kassar as Chairwoman and Chief Executive Officer of the group, with immediate effect, succeeding the late Hassan Ouriagly.

In a statement, the group explained that the Board convened following the passing of the late CEO, paying him well-deserved tribute and commending his leadership, achievements, and professional career, which contributed significantly to strengthening the group’s position and consolidating its presence in both the national and African economies.

In the same statement, the group extended its deepest condolences and sincere sympathies to the family of the deceased and to all its employees, expressing solidarity with them during this difficult time.

The appointment of Nafissa Kassar comes as part of the group’s commitment to ensuring leadership continuity and maintaining its dedication to innovation, sustainable development, and operational efficiency.

Kassar has accumulated extensive professional experience within the group. She began her career at a group-affiliated bank before joining the Al Mada holding company, where she served as Deputy Chief Executive Officer and contributed to several strategic projects and business development programs.

The newly appointed CEO is a graduate of the École Polytechnique Fédérale de Lausanne (EPFL). She spent a significant part of her professional career within the group, starting at Attijariwafa Bank, where she took part in the establishment of Attijari Finance Group, before moving to the holding company. She also serves on the boards of directors of several group subsidiaries.

The statement concluded by affirming that Al Mada Group, under the leadership of Nafissa Kassar, will continue to strengthen its development trajectory and innovation ecosystem, and contribute to advancing Morocco’s economic and social progress, while expanding its international footprint, in line with the values and principles established by the group’s shareholders.

Source: Fes News Media

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