Mohammed Karim Lamrani

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.

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.