The current deputy managing director of the Al Mada group succeeds Saïd Elhadi at the head of Nareva Holding.
Aymane Taud, who until now held the position of deputy managing director at Al Mada, has just been appointed CEO of Nareva Holding, the energy subsidiary of the royal holding company. The decision was recorded on Tuesday March 14 with immediate effect, during a meeting of the Board of Directors devoted to the validation of the accounts for the 2022 financial year.
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Aymane Taud will therefore succeed Saïd Elhadi, boss of Nareva since 2017. “At the end of this Board meeting, Saïd Elhadi wished to hand over his mandates as Chairman and CEO of Nareva to the members of the Board of Directors, for personal reasons”, we read in a press release. “The Board of Directors took note of this resignation, accepted it and thanked Saïd Elhadi for his contribution within Nareva”, added the same source.
Elhadi therefore leaves Nareva Holding, but will remain within the Al Mada group, the directors wished him “good success in the functions he will have in the Group”. As for Aymane Taud, he leads a sector at the heart of Al Mada’s concerns. The new CEO is anything but a newcomer to Nareva. He knows the holding company perfectly, since he had already acted as interim chairman (following the retirement of the former CEO, Ahmed Nakkouch), before being appointed deputy managing director of the Al Mada group.
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A graduate of ESSEC, an expert in Corporate Finance, he joined the royal holding company in 2006 and climbed all the rungs to become one of its heavyweights. He took an active part in the Group’s structural and strategic projects, including the ONA-SNI merger, the withdrawal from the food industry, the development of telecoms and the Holcim-Lafarge merger. He also played an important role in establishing good governance in Al Mada. Today, he joins Nareva Holding as CEO.