Moulay Hafid Elalamy is a Moroccan politician and businessman, a former Minister of Industry, Trade, Green and Digital Economy, and the founder of the Saham Group.
He began his career in Canada in the insurance industry before becoming the Secretary-General of the ONA Group, now known as Al Mada, the leading Moroccan private industrial and financial group.
In 1995, Moulay Hafid Elalamy founded the Saham Group. Since then, he has established two major companies that are leaders in their sectors: Saham Assurance and Majorel, before diversifying into other key sectors with a strong social impact, such as education, real estate, agriculture, pharmaceuticals, and healthcare.
From 2006 to 2009, Moulay Hafid Elalamy served as the Chairman of the General Confederation of Moroccan Enterprises (CGEM), further solidifying his influence in the business landscape.
From 2013 to 2021, he held the position of Minister of Industry, Trade, Digital Transformation, and Green Economy in Morocco, making him the longest-serving official in this role since 1955. During his tenure, 50 industrial ecosystems and 650,000 new jobs were created, and the industry's share in Morocco's GDP increased by nine points.
In 2021, he returned to lead the Saham Group, aiming to further grow its businesses and explore new diversification opportunities.
