The Moroccan Association of Capital Investors (AMIC) has appointed a new Board of Directors which unanimously elected Expert Attack, as chairman, at the General Meeting held on Tuesday June 30, 2020.
Tarik Haddi succeeds Adil Rzal who closes his Presidency with these few words: “we were able during this mandate to maintain a continuous dialogue with public authorities, donors and bodies representing companies, with the aim ofsupport the role of private equity in Morocco as an effective solution for financing and supporting small and medium-sized businesses while being a profitable asset class for investors. I am delighted with the listening we were able to benefit from and wish the new team led by Tarik Haddi every success to transform the test. “
Active for almost 15 years in private equity, Tarik Haddi is the founder, Director and General Manager of Azur Partners and Azur Innovation Management, two independent management companies. With solid managerial experience in the banking sector acquired within Crédit Agricole du Maroc, in 2010 he created Afoulki Invest, an incubator for innovative start-ups as well as the Nebétou investment fund.
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From 2018, he structured the Azur Innovation Fund dedicated to innovative start-ups with high potential as part of the Innov Invest system. A graduate of ESC Marseille Provence and the Institut des Techniques de Banque (France), he also holds a DESS in Finance and Taxation from Paris I and a Masters in Private Law from the University of Perpignan.
Tarik Haddi joined AMIC in 2008 and, since then, actively participates in the influence of the Moroccan private equity industry. It was at his instigation that in 2016 the Priming / Risk Commission, which he has dynamically assumed since the co-presidency, was created. A director since May 2018, he is mobilized and particularly passionate about financing innovation.
Tarik Haddi will be assisted in his mission by a new office, a management body responsible for defining and overseeing the implementation of strategic choices. This office is composed of a Vice ‐ President and a Treasurer: Fouad Chaguer, Managing Director of Attijari Invest and Dounia Boumehdi, Executive Director of MITC Capital.
The other four directors appointed are:
– Bassim Jaï Hokimi, Chairman and CEO, Atlamed
– Farid Benlafdil, Partner and Director of Investments, AfricInvest
– Hassan Laaziri, Director General Manager, CDG Invest PME
– Fair Rzal, Chairman and CEO, Upline Investments
On the occasion of his appointment, Tarik Haddi said: “It is a great pride to have been elected President of AMIC by its Board of Directors. It is also a great responsibility, the full extent of which I measure, at the service of the whole of the profession and all its components. In a difficult Moroccan and global economic context, I am convinced that private equity, a method of financing and supporting value creation, responsible and sustainable, will constitute one of the pillars of the new development model, the competitiveness of Moroccan SMEs and therefore the revival of our economy. I will strive to continue and accelerate sector reforms by strengthening partnerships with all stakeholders.
The economic and political calendar in Morocco seems favorable to accelerate the field of reforms beneficial to the economy and businesses. This is the mission to which I wish to devote myself with the new Bureau and the support of the Board of Directors ”.
As the new President, Tarik Haddi also plans to continue the efforts of AMIC which resulted, in less than 20 years, in thesupport for more than 220 companies and the raising of nearly 20 billion dirhams to finance companies and infrastructure projects with a positive impact on both growth and ESG aspects.
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