300 finance champions 2023

Othman Benjelloun: ‘By 2030, Bank of Africa will be a leading pan-African group’

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This article is part of the dossier:

300 African Finance Champions

By Bilal Mousjid

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Posted on June 30, 2023 08:14

Record profits, African ambitions, new strategy: BOA chairman Othman Benjelloun, the second wealthiest man in Morocco, explains.

Aged 92, the Moroccan tycoon is not thinking of retiring. After a few weeks’ rest abroad, he is back at his office in Casablanca, where he continues to oversee the development of his banking behemoth, which has set a record profit of Dhs2.3bn ($240m, up 15% in 2021) for 2022.

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