Othman Benjelloun

Othman Benjelloun
Born 1931 (age 83–84)
Fes, Morocco
Residence Morocco
Nationality  Morocco
Occupation Businessman
Known for Being a bank owner and an insurance firm owner
Spouse(s) Leila Mezian (m. 1960)
Children Kamal & Dounia

Othman Benjelloun (born 1931 in Fes, Morocco) is a Moroccan businessman who is worth $3.1 billion as of March 2013, making him richest man in his country and 7th richest in Africa.[1]

Career

Benjelloun's father was a large shareholder in an insurance company that Othman would take over in 1988; turning it into RMA Watanya.[2] After purchasing the insurance company, Benjelloun expanded the business venture into the banking industry.[2] His banking enterprise, the BMCE Bank has its presence felt in at least 12 countries in Africa after it purchased the Mali-based Bank of Africa.[2] The banking aspect of Benjelloun's business career is worth $4 billion based solely on its market capitalization profits.[2]

Othman received an education in engineering at the École Polytechnique Fédérale de Lausanne in Switzerland.[3] During the 1960s and 1970s, Othman would make strategic alliances with global automobile manufacturers Volvo and General Motors. He is also the chairman of Meditelecom along with being associated with Telefónica and Portugal Telecom.[3] Benjelloun is a member of the World Union of Arab Bankers.[3]

He is married to Leila Mezian—daughter of the Moroccan General Mohamed Meziane—with whom he has two children.[4]

See also

References

  1. ↑ "Othman Benjelloun". Forbes. Retrieved 10 March 2013.
  2. ↑ 2.0 2.1 2.2 2.3 Othman Benjelloun career information at TheRichest.org
  3. ↑ 3.0 3.1 3.2 Othman Benjelloun biography at Silobreaker
  4. ↑ Othman Benjelloun marital status information at Forbes.com

Bibliography