The Board of Directors submits to the Annual General Meeting the strategic plan, the business plan, the moral and financial reports, as well as any proposed amendments to the Articles of Association.
The Board of Directors works in close collaboration with the operational management, notably through specialized committees, to ensure the steering and implementation of the institution's projects.
The ARRAWAJ Foundation Board of Directors comprises 5 members:
- Mr MOUATASSIM BELGHAZI : Founding President
- Mrs KARIMA BENOUALIDE : Administrator
- Mr AHMED REDA CHAMI: Administrator
- Mr SAID IBRAHIMI : Administrator
- Mrs SAMAR RHARBAOU : Administrator
- Mr Abderahim Saher: Administrator
Audit and
Risk Committee
The Audit and Risk Committee was established in accordance with the decision of the General Assembly held on October 10, 2007, to comply with Bank Al Maghrib's Directive No. 1/G/2009 on Governance within Microcredit Associations.
The Audit and Risk Committee's role is to assist the Board of Directors in exercising its oversight responsibilities, particularly in terms of analyzing financial statements and management information, and to provide assurance that policies and procedures in all areas of the Institution's activities are implemented and aligned with the mission and values of the ARRAWAJ Foundation.
It is also responsible for monitoring and evaluating the implementation of the Internal Control framework, Risk Management, and conducting Auditing activities within ARRAWAJ.
Strategic
Committee
In line with the decision of the Board of Directors and in compliance with the governance best practices set forth by regulatory authorities, particularly Bank Al Maghrib's Directive No. 1/G/2009 concerning governance within Microcredit Associations, it was decided to establish a Strategic Committee within the ARRAWAJ Foundation.
The Strategic Committee oversees the definition of the ARRAWAJ Foundation's strategic vision and ambitions, in coherence with the directions emanating from the Board of Directors.
Nominations and
Remuneration Committee
The Nominations and Remuneration Committee is tasked with assisting the Board of Directors by providing opinions and recommendations on the human resources policy of the Institution.
It convenes at least once a year to establish the remuneration structure, salary increases, promotions, benefits, and monetary rights. The committee also establishes remuneration strategies and principles.
Social Performance Management
and Steering Committee
The role of this committee is to assist the Board of Directors in defining the social strategy of the Institution, establishing and monitoring indicators related to social performance, and evaluating and proposing corrective measures.
Executive Management Committee
The Executive Management Committee is responsible for the day-to-day management of the institution's activities and effectively oversees the process of achieving the strategic objectives set by the Board of Directors.
The Committee, which meets weekly, has the following permanent members :
- Mr MOUATASSIM BELGHAZI : Chairman and Chief Executive Officer
- Mr CHAKIB TAZI : General Director
- Ms NAZHA HMAMOUCHE: General Director in charge of the Network Division and the Support & Finance Division
- Mrs. NADA FASSI FEHRI : Deputy General Director in charge of the Support & Finance Division and the Steering of corporate evolution
- Mr. BADR DRIDAR : Head of
Transformation Technology & Operations
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