Mohammed Karim Lamrani

Photo: Gouvernement Maroc — CC BY-SA 4.0Source

Mohammed Karim Lamrani

politician

Born
May 1, 1919
Died
September 20, 2018
Age
99 years

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About Mohammed Karim Lamrani

Mohammed Karim Lamrani, 99, Moroccan politician and holding investor, Prime Minister (1971–1972, 1983–1986, 1992–1994).

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Full Biography

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Mohammed Karim Lamrani (Arabic: محمد كريم العمراني, romanized: Muḥammad Karīm al-ʿAmrānī; 1 May 1919 – 20 September 2018) was a Moroccan businessman and politician who was the Prime Minister of Morocco for three separate terms.

He served his first term for one year which started in 1971 and ended in 1972, then from November 1983 to September 1986, and finally from August 1992 to May 1994.

His fortune was estimated at $500 million.

Early life

Mohammed Karim Lamrani was born in Fes on 1 May 1919. He came from a Sharifian family in Fes that had a tradition of commerce and government service.

Career

Lamrani served as a prime minister three times: from 6 August 1971 to 2 November 1972, then from 30 November 1983 and 30 September 1986 and lastly from 11 August 1992 to 25 May 1994. The last government he led was a caretaker government, replacing Azeddine Laraki. He was relieved of his position as the Prime minister due to poor health conditions. Lamrani also owned a phosphate company and served as an economic advisor to the Moroccan governments. He was Minister of Economy and Finance from August 1971 to April 1972.

Business

Lamrani was also a businessperson in Morocco. He created a holding (Groupe Safari), which is now run by his daughter Saida. The holding has many investments, in particular, it holds stakes in Crédit du Maroc, Socodam Davum, and SMEIA, the exclusive dealer of BMW and Land Rover in Morocco.

Lamrani also established the first private group in Morocco, proving his spirit of initiative, precedence and modernity, especially with the formation of the first holding group, which is active today in a large number of sectors, including industry, distribution, services and agriculture.

At the same time, Lamrani contributed to the emergence of the banking sector, especially through the “Bank Al-Maghrib”, which came into existence after the merger of the African Banking Company, of which he was a shareholder, and Bank of Lyon Morocco.

In addition to the establishment of the Moroccan Bank for Foreign Trade as an arm of the state in order to contribute to the development of Moroccan exports, especially the OCP Group.

Death

Lamrani died on 20 September 2018 at the age of 99 of natural causes. Prince Moulay Rachid and many veterans of the Resistance, party leaders, stars of civil society attended his funeral that took place in Casablanca.

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