Moulay Abdelaziz Elalamy Joins the Supervisory Board of Saham Bank

Saham Bank Strengthens Its Governance with New Appointment

Saham Bank continues to enhance its governance by integrating Moulay Abdelaziz Elalamy into its Supervisory Board. This appointment, approved by shareholders during the general assembly, is part of the bank’s strategy to bolster its decision-making bodies with professionals who possess extensive experience in the business and financial sectors.

Recognized Expertise in Finance and Insurance

Moulay Abdelaziz Elalamy’s career is characterized by a deep understanding of the insurance, brokerage, and corporate governance sectors. His experience, garnered both in Morocco and internationally—particularly in Benin, Senegal, and France—has enabled him to develop a strategic vision of financial markets and the challenges of corporate transformation.

Active in several initiatives related to economic development, he also brings institutional expertise that will enhance the work of Saham Bank’s Supervisory Board.

A Governance Focused on Growth

With this appointment, Saham Bank reaffirms its commitment to leveraging complementary skills to support its development ambitions. The arrival of Moulay Abdelaziz Elalamy reflects a momentum towards modernizing governance, aimed at backing the bank’s growth strategy and solidifying its position in the Moroccan banking market.

Strong Financial Results Expected in 2025

This enhancement of governance comes at a time when Saham Bank boasts robust financial performance. For the financial year ending December 31, 2025, the bank reported a net accounting profit of 1.43 billion dirhams, while the net income attributable to the group reached 1.71 billion dirhams, confirming the resilience of its development model.