Reda Hilali, CEO of Wafa Gestion, the Only Moroccan in Forbes Middle East’s Top 50
Morocco Shines in Asset Management Thanks to Reda Hilali
Morocco stands out in the asset management sector, thanks to Reda Hilali, CEO of Wafa Gestion, who has made it to the prestigious list of the 50 Best Asset Managers in the Middle East as published by Forbes Middle East. He is the sole Moroccan representative in this edition, securing the 11th position on the ranking.
This recognition reflects the exceptional performance of Wafa Gestion, one of the leading players in asset management in Morocco, as well as the track record of its leader, who has been at the helm of the company since 2016.
Sustained Growth Under Reda Hilali’s Leadership
Before taking the reins at Wafa Gestion, Reda Hilali held multiple positions within Crédit du Maroc and the OCP Group, enhancing his expertise in the banking and financial sectors.
Under his leadership, Wafa Gestion has recorded significant performance gains. By 2025, the assets managed by the company surpassed $17.7 billion, showcasing an annual growth rate of over 21%. The company also holds an average market share of 22.4%, confirming its position among the leaders in asset management in Morocco.
A Flourishing Sector in the Middle East
According to Forbes Middle East, the asset management market continues to expand in the region, driven by the dynamics of financial markets, the arrival of new investors, and the diversification of investment products offered.
The 50 leaders selected this year oversee companies that collectively managed more than $554 billion in assets in 2025. These portfolios encompass a wide range of investments including equity funds, bonds, real estate investments, REITs, and private equity.
Gulf Countries Dominate the Ranking
The 2026 ranking features leaders from eight Arab countries. Gulf states remain the majority, with 43 representatives among the 50 distinguished individuals.
The companies they lead alone account for nearly $523 billion in assets under management. Saudi Arabia tops the list with 20 leaders, followed by Kuwait (8 representatives) and Qatar (5 representatives).
Reda Hilali’s presence in this ranking underlines the rising prominence of Morocco’s asset management sector and the increasing positioning of the Kingdom’s financial institutions on the regional stage.
