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Aziz Akhannouch – Billionaire

Akhenouch cropped.jpg

Aziz Akhannouch (Berber: ⵄⴰⵣⵉⵣ ⴰⵅⵏⵏⵓⵛ; Arabic: عزيز أخنوش‎‎; born 1961 in Tafraout)[1] is a Berber Moroccan businessman and current Minister of Agriculture in Abdelilah Benkirane‘s cabinet since 2007.

Early life and education

In 1986, Akhannouch graduated from the Université de Sherbrooke with a management diploma.

Business

He is the CEO of Akwa Group, a Moroccan conglomerate particularly active in the oil and gas sector. Forbes estimates his net worth as $1.4 billion as of November 2013. Akhannouch inherited Akwa from his father. In 2016, Akhannouch was tied for 28th position on Forbes’s annual list of the world’s wealthiest Arabs.

Politics

From 2003 to 2007, Akhannouch was the president of the Souss-Massa-Drâa regional council. He was a member of the National Rally of Independents Party, before leaving it on 2 January 2012. On 23 August 2013 he was appointed by King Mohammed VI as interim Minister of Finance on an interim basis after Istiqlal ministers resigned from Benkirane’s cabinet, a position he kept until 9 October 2013. On 29 October 2016, Akhannouch rejoined the RNI after being elected the president of the party. He took over Salaheddine Mezouar‘s position, who had resigned.

Summary

Aziz Akhannouch
عزيز أخنوش
Aziz Akhenouch in Marrakesh 2011
Minister of Economy and Finance
(interim)
Assumed office
23 August 2013
Prime Minister Abdelilah Benkirane
Preceded by Nizar Baraka
Minister of Agriculture
Assumed office
September 2007
Prime Minister Abbas El Fassi
Abdelilah Benkirane
Personal details
Born 1961
Tafraout, Morocco
Nationality Moroccan
Political party National Rally of Independents (RNI) 2016-
Alma mater Université de Sherbrooke
Occupation Businessman, Politician
Religion Islam
  • Aziz Akhannouch is the majority owner of Akwa Group, a multibillion-dollar conglomerate founded by his father and a partner, Ahmed Wakrim, in 1932.
  • It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene.
  • Akhannouch is Morocco’s Minister of Agriculture and Fisheries and the president of a royalist political party.

Source:

  1. wikipedia
  2. forbes

 

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