First consequence following the takeover of Saham Assurances by the South African group. The tandem Nadia Fettah -Moulay Mhamed Elalamy returned the apron. The resignation of the President and Chief Executive Officer was confirmed by the Board of Directors meeting on September 5th.
At the same meeting, the Board approved the appointment of Said El Alj as President of Saham Assurance. The one who is also president of Sanam, shareholder of Saham Assurance, will be accompanied by Christophe Buso, general manager. These expected changes fill an interim period that will go until the effective takeover of Saham Assurances by Sanlam.
The information gives Moulay Mohamed Elalamy, son of the group’s founder, Moulay Hafid Elalamy, as future leader of the pan-African fund Saham being formed.
