Morocco's palace is quietly planning for life after billionaire Othman Benjelloun at Bank of Africa
Billionaires Africa | 04.06.2026 10:09
Othman Benjelloun has been running Bank of Africa for longer than most of his senior executives have been alive. He took control of the then-state-owned Banque Marocaine du Commerce Extérieur in 1995, when he was in his early sixties, and has not loosened his grip since. At 93 years old, he still holds the title of Chairman and Chief Executive Officer. He still chairs the strategy committee. He still holds a 27.4 percent personal stake in an institution that manages roughly $46 billion in assets and serves more than 6.6 million customers across nearly 2,000 branches in 32 countries. And he still, by all accounts, intends to keep going.