Company:Banque Marocaine pour le Commerce et l’Industrie (BMCI)
Position: General manager
Biography: Rachid Marrakchi is general manager of BMCI. The bank’s biggest shareholder is France’s BNP Paribas, with 66.74 per cent ownership. Like Attijariwafa Bank’s Mohamed el-Kettani, Marrakchi pursued an early career at BCM.
Later, he spent four years working at cement firm Ciments du Maroc and its parent Ciments Francais, the international arm of Italy’s Italcementi. There he was charged with drafting the company’s strategic plan.
This equipped him well for a return to BMCI in 1997 as director of major corporate and institutional business. His responsibilities later expanded and now he is leading the bank as it enjoys a period of accelerating growth. BMCI hired 500 new staff in 2011 as lending rose by 11 per cent, and a further 1,400 personnel are set to be recruited by the end of 2014. Marrakchi graduated from Ecole Centrale in Paris.
Contact Tel: (+212) 529 044 044