TAQA Morocco’s Supervisory Board, during its meeting on November 29, 2024, announced pivotal decisions that mark a new chapter in the governance of Morocco’s leading energy producer. These changes not only reflect the company’s growth ambitions but also honor the remarkable contributions of its outgoing leaders.
Two prominent figures, Omar Alaoui M’hamdi and Fatima Bendahbia, are stepping down, leaving behind enduring legacies.
- Omar Alaoui M’hamdi, Deputy CEO and Executive Board Member, has resigned to pursue new opportunities outside TAQA Morocco. With two decades of service, he has played an instrumental role in solidifying the company’s industrial and financial foothold in the Moroccan energy market.
- Fatima Bendahbia, Chief Operating Officer, is retiring after years of exemplary leadership. Her strategic oversight in optimizing operations at the Jorf Lasfar thermal power plant and steering the company through transformative phases earned her widespread recognition.
Their departures also extend to TAQA Morocco’s subsidiary, Jorf Lasfar Energy Company 5&6, signaling a significant shift in the governance of this critical arm of the group.
To ensure a seamless transition, the Supervisory Board has appointed seasoned professionals from within TAQA Morocco’s ranks, reinforcing its strategic vision with fresh perspectives.
At TAQA Morocco:
- Mehdi Belghiti joins the Executive Board. An alumnus of École Polytechnique de Lausanne, Belghiti has been with TAQA Morocco since 2012 as Director of Support Services. His previous roles at CFG Group, COMANAV, and ADDOHA highlight his rich expertise in business transformation and strategy.
- Zakaria Fafouri has also been appointed to the Executive Board. With 28 years of experience in audit, finance, and consulting, including 15 years at PwC, Fafouri has been TAQA Morocco’s Chief Financial Officer since 2012. His leadership has been pivotal in driving major financial operations.
At Jorf Lasfar Energy Company 5&6:
- Zakaria Fafouri will also serve on its Executive Board, joined by Hicham Chad, currently TAQA Morocco’s Business Development Director. A graduate of ISCAE and a CFA charterholder, Chad has a deep background in low-carbon energy and renewable infrastructure, excelling in project development and financial structuring.
