Doha – Maroc Telecom will hold a shareholders meeting on June 18 to decide on a major governance restructuring proposal aimed at transitioning the company from its longstanding dual-board framework to a unitary board system. This change is intended to streamline and consolidate decision-making authority within the organization.
Currently structured as a limited company with separate management and supervisory boards—a model in place since Maroc Telecom’s establishment in 1998—the company’s governance separates operational management, handled by a management board limited to five members, from oversight by the supervisory board. This dual-board system is common among large corporations in sectors such as telecommunications, banking, and insurance.
The proposed restructuring would convert Maroc Telecom into a limited company governed by a single board of directors, consolidating both management and control functions. Under this unitary board model, a president-director general (PDG) would hold extensive powers to represent and manage the company, thereby unifying authority that was previously divided.
The governance shift, pending shareholder approval at the upcoming mixed general assembly, signals a significant evolution in Maroc Telecom’s corporate structure aimed at enhancing efficiency and agility.
