Lamia Merzouki, the Deputy General Director of Casablanca Finance City Authority (CFCA), was elected President of the World Alliance of International Financial Centers (WAIFC), Morocco’s News Agency (MAP) reported. Merzouki succeeds Keiichi Aritomo, the CEO of Tokyo FinCity.
Merzouki was nominated during WAIFC’s Annual General Assembly held on Wednesday, in Tokyo and will begin her term in January 2025. Hubertus Väth, the CEO of Frankfurt Main Finance, was elected Vice President.
For the past two years, Merzouki has served as Vice President of the alliance, where she led and contributed to various initiatives seeking to enhance the attractiveness and expertise of international financial centers.
A prominent figure in the Moroccan and African financial ecosystem, Merzouki has overseen numerous strategic initiatives within Casablanca Finance City (CFC), which is dedicated to sustainable development on the continent. Since its launch in 2010, CFC has attracted over 200 member companies and formed partnerships with 15 international financial centers.
WAIFC, a non-profit international organization registered in Brussels, Belgium, represents significant international financial centers and endeavors to facilitate cooperation and the exchange of best practices.