The appointment of the Moroccan executive comes at a key time for the Attijariwafa Bank subsidiary as it needs to keep innovating within a highly competitive and digitized marketplace.

The board of Cameroon's Société Commerciale de Banque (SCB) has appointed Moroccan executive Nabil Kadiri as chief executive of its local subsidiary, the bank said on Monday.

Kadiri, 52, is expected to take up the role on Dec. 19, subject to approval from the Monetary Authority and the Central African Banking Commission (COBAC), in line with regulatory requirements.

He succeeds French executive Alexandre Beziaud, who will move to another position within parent group Attijariwafa Bank. Beziaud, who led SCB Cameroon since 2020, oversaw expansion projects and strengthened the bank’s position in the local market.

SCB Cameroon employs 620 people and operates 54 branches nationwide, serving more than 220,000 clients. The bank faces increasing competition and rapid digital change, and Kadiri is expected to focus on expanding corporate banking services, accelerating digital initiatives and reinforcing the bank’s contribution to the Cameroonian economy.

Kadiri holds a degree in corporate finance and brings nearly 30 years of industry experience, including 24 at Attijariwafa Bank. He has worked in credit, corporate banking, structured finance and multinational client coverage, and contributed to the development of the group’s African network.

Most recently, Kadiri served as executive director of the international retail banking division. He also has experience in the CEMAC region, having held director and board chairman roles within other group subsidiaries.

Sandrine Gaingne