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Rabat – Morocco’s Abdelmoumen Najoua is the new general director of Atlantique Senegal, a subsidiary of Morocco’s Banque Central Populaire (BCP) banking group.
Atlantique Senegal first announced the new appointment during a board of directors meeting on March 11. Abdelmoumen is to replace Alexandra Awadi as general director.
Najoua has extensive senior experience with the BCP banking group. He first joined the Moroccan banking group in 1999 and filled multiple positions within the bank including organization director, and operational marketing director of retail banking.
In 2014, Najoua joined Banque Atlantique Cote D’Ivoire, a BCP subsidiary in Ivory Coast as director of client solutions.
Najoua continued to climb the corporate ladder, landing the position of a group retail director within the Atlantique Business International holding group, CEO of Bank Atlantique Cote d’Ivoire, then CEO of Banque Atlantique Senegal.
Abdelmoumen Najoua holds a degree in Applied Mathematics and an MBA in Finance.
About BCP banking group
BCP banking group is Morocco’s second-largest banking group and ranks in the top 10 largest banking groups on the African continent, with multiple offshore offices in Europe.
Over the last decade, the Moroccan bank has enacted an African-focused expansion strategy. BCP already controls multiple subsidiaries across 18 African countries.
In 2021, BCP’s African subsidiaries contributed 25% to the bank’s growth rate.
In line with Morocco’s overall strategy to deepen inter-continental business partnerships.
Historically, Moroccan business ventures in Africa were primarily clustered in western Africa. Shared linguistic background and a unified currency are all behind the preference according to experts.
Read Also: BCP Covered 38% of Morocco’s COVID-Relief Fund for Businesses in 2021
