New board, new era: Maroc Telecom prepares for strategic shift

Maroc Telecom is preparing to undergo a major overhaul of its corporate governance structure. The country’s leading telecom provider is set to transition from its current two-tier system—comprised of a Management Board and Supervisory Board—to a more streamlined Board of Directors model. This shift, which requires approval at a mixed general meeting scheduled for June 18, will involve a complete revision of the company’s bylaws.

At the meeting, shareholders will be asked to vote on the governance change during an extraordinary session. In a regular session, they will formally end the terms of the current board and management members, before appointing a new board of directors for a six-year term.

Mohamed Benchaâboun, who has led the Management Board since February, is expected to chair the new Board of Directors. If approved by the newly formed board, he could also take on the role of chief executive officer, effectively becoming chairman and CEO—a dual position that would place him at the helm of both strategic and operational decision-making.

This restructuring marks a strategic pivot aimed at sharpening the company’s operational focus and boosting agility in a fast-evolving telecommunications landscape. Under Benchaâboun’s leadership, Maroc Telecom has already launched several initiatives, including a strategic partnership with Wana to accelerate the rollout of 5G and fiber networks, and a significant increase in internet speeds for its fiber customers.

The new board will reflect the influence of Maroc Telecom’s two major shareholders: the Moroccan state and the Emirati group e& (formerly known as Etisalat). Representing the Moroccan side will be Nadia Fettah Alaoui, Abdelouafi Laftit, and Abdellatif Zaghnoun. The delegation from e& will include key figures such as Jassem Mohamed Bu Ataba Alzaabi, Hatem Dowidar, Mohamed Karim Bennis, Khalifa Al Shamsi, Khaled Hegazy, and Luis Enriquez.

This governance shift signals a broader intention to adapt more quickly to market demands and technological disruption, with the new structure expected to enhance both leadership efficiency and strategic clarity.