Othman Benjelloun & family

Othman Benjelloun & family

$1.61 B

Ranked #2432 in World

About Othman Benjelloun & family

Othman Benjelloun, a distinguished Moroccan banker and billionaire businessman, renowned for co-founding BMCE Bank and Bank of Africa, is pivotal in Africa's banking sector with a net worth of US$1.6 billion as of February 2022. Assuming roles as chairman and CEO, Benjelloun has significantly expanded his empire, owning stakes in at least 12 African countries, notably after the acquisition of the Mali-based Bank of Africa. His ventures into the banking industry have propelled the business to a market capitalization profit of $4 billion. With an educational background in engineering from École Polytechnique Fédérale de Lausanne, Switzerland, and strategic alliances formed with giants like Volvo and General Motors in the past, Benjelloun's career is marked by visionary achievements. Additionally, serving as chairman of Meditelecom alongside associations with global telecommunications leaders indicates his wide-reaching influence. A member of the World Union of Arab Bankers and a scion of the eminent Benjelloun family, his personal life is equally illustrious, married to Leila Mezian and father to Kamal and Dounia Benjelloun. His contributions have earned him the title of 2022 Best African Personality, highlighting his impactful presence in the finance world, particularly targeting finance readers seeking expertise and insight into Africa's banking and financial services sector.

Born

November 01, 1932 in Fez, Morocco

Age

93 years

Source Of Wealth

Banking, Insurance

Industries

Finance & Investments

Citizenship

Morocco

Residence

Casablanca

Education

Diploma, Ecole Polytechnique de Lausanne

Spouse

Leīla Mezian

Children

Kamal Benjelloun, Donya Benjelloun, Atlas Benjelloun

Othman Benjelloun was born into a prominent family in Fez, Morocco. Details about his early years and childhood are not publicly available.

Othman Benjelloun & family: Family

Othman Benjelloun is married to Leila Mezian, the daughter of Moroccan General Mohamed Meziane. They have two children together: Kamal Benjelloun and Dounia Benjelloun.

Othman Benjelloun & family: Career Highlights

Othman Benjelloun's career is marked by several significant achievements:

  • He took over an insurance company from his father and transformed it into RMA Watanya.
  • He expanded into the banking industry with BMCE Bank, which is now present in at least 12 African countries after acquiring Mali-based Bank of Africa.
  • The banking aspect of his business is valued at $4 billion based on market capitalization profits.
  • He made strategic alliances with Volvo and General Motors in the 1960s and 1970s.
  • He serves as the Chairman of Meditelecom, which is associated with Telefónica and Portugal Telecom.
  • He is a member of the World Union of Arab Bankers.

Othman Benjelloun & family: Companies

Othman Benjelloun is associated with the following companies:

  • BMCE Bank
  • Bank of Africa
  • RMA Watanya
  • Meditelecom

Othman Benjelloun & family: Major Achievements

Othman Benjelloun's major achievements include:

  • Co-founding BMCE Bank and Bank of Africa, where he serves as Chairman and CEO.
  • Expanding BMCE Bank's presence into at least 12 African countries.
  • Building a banking business with a market capitalization of $4 billion.
  • Making strategic alliances with major international companies like Volvo and General Motors.
  • Chairing Meditelecom, a telecommunications company associated with Telefónica and Portugal Telecom.

Othman Benjelloun & family: Awards & Achievements

Othman Benjelloun has received several awards and recognitions, including:

  • 2022 Best African Personality

Othman Benjelloun & family: Personal Life & Legacy

Othman Benjelloun leads a private personal life. He is known for his philanthropic efforts and contributions to various social causes.

Othman Benjelloun & family: Trivia

Here are some interesting facts about Othman Benjelloun:

  • He holds an engineering degree from École Polytechnique Fédérale de Lausanne in Switzerland.
  • He is a member of the prominent Benjelloun family from Fez, Morocco.

Wealth History

Timeline

1960s

Made strategic alliances with Volvo.

1970s

Made strategic alliances with General Motors.

1988

Took over his father's insurance company and turned it into RMA Watanya.

N/A

Expanded into the banking industry with BMCE Bank.

N/A

BMCE Bank is present in at least 12 African countries after acquiring Mali-based Bank of Africa.

N/A

Banking aspect of business worth $4 billion based on market capitalization profits.

N/A

Educated in engineering at École Polytechnique Fédérale de Lausanne in Switzerland.

N/A

Chairman of Meditelecom, associated with Telefónica and Portugal Telecom.

N/A

Member of the World Union of Arab Bankers.

N/A

Member of prominent Benjelloun family from Fez, Morocco.

N/A

Married to Leila Mezian, daughter of Moroccan General Mohamed Meziane.

N/A

Has two children: Kamal Benjelloun and Dounia Benjelloun.

2022

Awarded Best African Personality.

Othman Benjelloun & family : FAQs

What is Othman Benjelloun's current net worth?

Othman Benjelloun's current net worth is $1.61 billion.

What is Othman Benjelloun's current global rank among billionaires?

Othman Benjelloun holds the 2432nd position globally among billionaires.

What is Othman Benjelloun's current ranking within the Morocco?

Othman Benjelloun holds the 1st position in Morocco.

What was the change in Othman Benjelloun's net worth compared to the previous year?

Othman Benjelloun's net worth decreased by 377.72 million dollars compared to the previous year 2025, when his net worth was 1.99 billion dollars.

What are Othman Benjelloun's main sources of wealth?

Othman Benjelloun's main source of income comes from Banking, Insurance.

In which industry does Othman Benjelloun primarily operate?

Othman Benjelloun is primarily involved in the Finance & Investments industry.

What is Othman Benjelloun educational background?

Othman Benjelloun holds a Diploma from Ecole Polytechnique de Lausanne.

How old is Othman Benjelloun?

Othman Benjelloun is 93 years old.

How many children does Othman Benjelloun have?

Othman Benjelloun has 2 children.

Who is Othman Benjelloun and what is his role in BMCE Bank?

Othman Benjelloun is a Moroccan banker and billionaire businessman, co-founder of BMCE Bank and Bank of Africa, where he serves as chairman and CEO.

How did Othman Benjelloun expand his career into the banking industry?

Benjelloun expanded into the banking industry by taking over the BMCE Bank and later acquiring the Mali-based Bank of Africa, expanding its presence to at least 12 African countries.

What are some personal details about Othman Benjelloun’s life and recognitions he has received?

Othman Benjelloun is a member of the prominent Benjelloun family from Fez, Morocco, married to Leila Mezian, and has two children. He was named the 2022 Best African Personality.
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