2023-11-08 19:29:22
LDuring this meeting, the Supervisory Board took note of the resignation of Habiba Laklalech, for personal reasons, from her mandate as independent member of the Supervisory Board and chairman of the Risk Committee, the bank indicates in a press release.
Furthermore, in order to support the development trajectory of Crédit du Maroc, the Supervisory Board has appointed Younes Lahlou as a member of the Management Board, in charge of Operations, subject to the approval of Bank Al-Maghrib.
Younes Lahlou’s mission will be to contribute to accelerating the transformation of the Bank, in line with its new strategic orientations. Its scope will cover the IT area, Operations and Customer Services, the Credits and Collections department as well as Real Estate.
A graduate of the Mohammadia School of Engineers, Supélec and Ponts Paris Tech, Lahlou started his career in large IT companies, before embarking in 2004 on a career in the Moroccan banking sector where he held various positions. positions, mainly in the field of innovation, new technologies and information systems.
From now on, the Credit Management Board of Morocco is made up of 4 members:
• Ali Benkirane, Chairman of the Management Board;
• Said Jabrani, member of the Management Board in charge of Commercial Banking;
• Younes Lahlou, member of the Management Board in charge of Operations;
• Luc Beiso, member of the Management Board in charge of Supervision of subsidiaries.
Note that CDM’s consolidated net banking income amounts to MAD 2,195.6 million, an improvement of 14.1% compared to the end of September 2022, driven by all of the Bank’s business lines.
The group’s share of net income stood at MAD 445.9 million, virtually stagnating compared to the end of September 2022, mainly due to changes in the cost of risk.
Excluding exceptional effects, the group’s share of net income would be up 31.2%.
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