A B O A R D O F D I R E C T O R S
C O M M I T T E D T O S U P P O R T I N G T H E
G R O U P'S C O N T I N E N TA L A M B I T I O N S
A leading banking player in Africa, the
Attjariwafa bank group relies on a solid governance
structure designed to support its growth
ambitions across the Continent. Through rigorous
organization and clear management mechanisms,
the Board of Directors plays a key role in the
groups strategic direction and in supervising its
implementation in Morocco and internationally
This structured governance is based on a founding
charter that def ines the principles rules and
processes governing the entire Groups operations
It ensures ef fective coordination between the head
of Ïce and its subsidiaries while guaranteeing
transparency accountability and risk control
The Board of Directors is guided by regulations
that specify its responsibilities the procedures
for holding its meetings and the obligations of its
members, particularly with regard to conf identiality
and the prevention of conf licts of interest. It is
assisted by six specialized committees that examine
strategic or technical issues in greater depth and
issue recommendations to support high-quality
governance. Each committee operates according
to a charter def ining its scope, composition and
operating procedures. As of December 31
st
, 2024,
the Board of Directors consisted of 13 members,
including f ive independent directors recognized
for their expertise and commitment. Chaired by
Mohamed El Kettani, Chief Executive Of Ïcer of
the Group since 2007, it met six times during the
year, with an attendance rate of 91%, ref lecting the
strong and ongoing involvement of its members.
The remuneration approved by the General
Shareholders' Meeting for the 2024 f inancial year
was set at MAD 67 million for the members of the
Board of Directors The gross annual compensation
of Top Management amounted to MAD 1186 million
while loans granted to them reached MAD 1115
million as of end 2024
Governance
26