Maroc Telecom’s Board of Directors has approved a major change in the company’s governance. The previous system, with two separate boards, a Supervisory Board and a Management Board, will be replaced by a single Board of Directors, the Moroccan telecommunications giant announced Thursday in a press release.
All members of the former Supervisory Board have been retained as members of the new Board to ensure a smooth transition. The Board also confirmed Mohamed Benchaaboun as the company’s Chief Executive Officer, a role he previously held.
This new structure is intended to streamline decision-making as Maroc Telecom continues to grow and evolve, the company added.