Allianz Trade has officially appointed Stéphane Rutili as the new CEO of its Moroccan division, effective January 2025. He will take over from Hicham Bensaid Alaoui, who is stepping down at the end of 2024 to pursue new professional opportunities.

With an extensive career within Allianz Trade, Stéphane Rutili brings a wealth of experience in credit insurance and an in-depth understanding of the Moroccan market. Having been with the company since 1989, Rutili has held several high-level positions across the globe. Notably, he previously served as CEO of Allianz Trade Morocco from 2001 to 2007 before taking on leadership roles in Greece and France. Most recently, he has been leading Allianz Trade operations in South Africa since 2017. His return to Morocco underscores the company’s trust in his strategic expertise and his ability to drive growth in the local market.

Commenting on the appointment, Luca Burrafato, Regional CEO for the Mediterranean, Middle East, and Africa (MMEA), highlighted Rutili’s strengths: “Stéphane’s proven track record and deep knowledge of the Moroccan market make him the ideal leader for this next chapter. His strategic vision, operational expertise, and collaborative leadership style will undoubtedly help Allianz Trade Morocco achieve ambitious new goals.”

Under Rutili’s leadership, Allianz Trade Morocco aims to strengthen its position as the market leader in credit insurance. The company is committed to supporting Moroccan businesses in managing payment risks and offering innovative solutions tailored to the country’s evolving economic landscape.