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Amine Bouabid

Chief Executive Officer Bank of Africa Group Senegal

Amine Bouabid Born in July 1963 Married, 3 children Living in Casablanca (Morocco) Mail: abouabid@salafin.com EDUCATION Drexel University. Philadelphia. USA. Master of Business Administration. (Major Finance) August 1992. National Institute of Statistics and applied Economics. Rabat Morocco. Master Degree in Information Systems. February 1989. PROFESSIONAL EXPERIENCE Salafin (BMCE BANK Subsidiary) Casablanca, October 1996 to date Founder & CEO of Salafin, a consumer finance company operating in the Moroccan Market; The company is a subsidiary of the second private bank countrywide BMCE Bank; Company is listed on Casablanca Stock Exchange and employ 180 person; the company distributes either directly or through its mother’s bank network (400 branches) Automobile financing, Personal Loans as well as Credit Cards. Oustranding loans under management 245 Million Euro, net income 9 million €, ROE 20%, Annual earnings growth +20%. Casablanca Finance Group Casablanca, April 1993 to September 1996. Among founders and Managing Director of the first Moroccan Investment Bank. Involved in several areas related to the merchant banking business, research, brokerage, assets management and corporate finance. My major accomplishments toward the development of the Moroccan financial market have been: • Setup of the first Moroccan Stock Exchange database; • Setup of the most used stock exchange index, the CFG25; • Companies financial analysis and institutional research papers; • Training and assistance provided to the largest Moroccan private Bank in setting up the sub-custody business; • Simplification of all foreign investors procedures making the Moroccan market access easier; • Setup of a trading desk in equities and fixed incomes; • Setup of one of the largest institutional client (domestic and international) network. The company market share grew from 20% in 1993 to 30% in 1995. • Private portfolio management; over USD 5 Million under management after 6 months of operation; • Government advisory for market regulations setup. Banque Commerciale du Maroc Casablanca, September 1992 to April 1993. Analysis of the Bank portfolio holdings in the Moroccan Insurance business aiming to define its future strategy. Capital Consulting Philadelphia, 1991-1992. Asset Management: Design and implementation of a decision making system used in the “closed-end funds” picking process . Logiciel pour l’Informatique Répartie (LIR) (Thomson) Paris, 1989. Analysis and implementation of a telecommunication software.