Our board and governance

Integrity, ethics and transparency

Strategic leadership and good governance are essential for achieving our vision.

We have a bold vision for a sustainable future. Led by OCP Group Chairman and CEO Mostafa Terrab, our experienced leadership team and governance structure help us make this vision a reality.

From far-reaching strategic decisions to close financial oversight, the governance structure at OCP ensures we are all working towards a common goal. Our governance ensures we always act ethically, with integrity and transparency.

The OCP Senior Management and the three governance committees lead the way, with oversight from our Board of Directors. This structure keeps our decision-making effective and accountable: it’s a vital strategic tool for achieving our goals.


Our Senior Management

The Senior Management team at OCP includes our CEO and four Managing Directors:

• Chief Finance Officer
• Chief Human Capital & Services Officer
• Chief Operating Officer
• Chief Growth Officer

Together they are responsible for OCP’s long-term strategy, ensuring everyone at OCP works towards a shared vision.


Mostafa Terrab

Chairman & Chief Executive Officer

Mostafa Terrab joined OCP in 2006 and has led OCP’s transformation ever since. He has more than 30 years of experience, including roles as Lead Regulatory Specialist at the World Bank (Washington, 2002), and Managing Director at the National Regulatory Telecommunication Agency (1998). He has a PhD in Operational Research and a Master's in Engineering, both from the Massachusetts Institute of Technology.



Ghislane Guedira

Chief Financial Officer

Ghislane Guedira joined OCP in 2010 as Advisor to the Chairman and CEO on Financial Strategy, before becoming Executive Vice President & Chief Financial Officer in 2013. Before OCP, she held several senior positions in the ONA Group (now Al Mada Group) and CMH (now Winxo). She started her career in the audit and consulting firm Arthur Andersen.

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Faris Derrij

Chief Human Capital & Services Officer

Faris Derrij joined the OCP Group in 2010. He started his career at OCP as Global Mining Performance Director, then led the Production Direction of the Merah Béni Idir Axis at the Khouribga site. After roles as Director of the Gantour and Safi sites, he became Executive Vice President of Human Capital. Before OCP, M. Derrij occupied several positions at TOTAL France and Meditel. He graduated from the Ecole Centrale de Lyon.

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Iliass Elfali

Chief Operating Officer

Iliass Elfali joined OCP in 2009 as Project Manager in Strategy and Partnership Direction. He progressed through management roles in Partnership Direction and IMACID Direction in Jorf Lasfar before becoming Director of the Safi site. In 2015 he became Executive Vice President of Industrial Operations. Prior to joining the group, he held several positions at Lesieur Cristal, Air Liquide Maroc and Ynna Steel.

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Soufiyane El Kassi

Chief Growth Officer

Soufiyane El Kassi joined OCP in 2000 as production engineer before leading mining extraction in Khouribga. He was a member of the task force in charge of the Industrial Development Program in 2007, then managed the Business Steering direction before becoming director of the Gantour site. From 2015 to 2018 he held roles as Executive Vice-President of Industrial Development, and then General Manager at JESA.

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Governance committees


The Senior Management team sit on three internal governance committees: strategy, management and operations. Together they help us be effective and responsible in making decisions for the long-, medium- and short-term initiatives at OCP. A fourth – the external Audit and Risk committee – ensures OCP’s compliance with financial regulations and risk management.


Strategic Committee

The Strategic Committee makes medium and long-term decisions, typically centered on business planning, budgetary frameworks, long-term strategy and initiatives, M&A, partnerships and other top-line business matters. It is chaired by the CEO, with seats for OCP’s four Managing Directors.

Management Committee

The Management Committee makes structuring decisions to implement the recommendations of the Strategic Committee. Typically this includes budget, CAPEX, and HR – and can deal with short-term and long-term initiatives. It’s chaired by the CEO, with seats for OCP’s four Managing Directors and the Executive Vice Presidents.

Operational Committee

The Operational Committee takes charge of operational co-ordination. This includes sales, production plans, new products, and performance monitoring. The chair is appointed on rotation, and the committee is made up of the Group’s Managing Directors and Executive Vice Presidents.

Audit and Risk Committee

OCP has an external audit and risk committee, which coordinates our internal and external audits. This committee’s main functions include assessing accounting methods, risks, and regulatory compliance. It is chaired by the Director of the Department for Public Enterprises and Privatization, and members include the Government Commissioner, a representative from Banque Centrale Populaire, OCP’s auditors, and OCP’s Chief Financial Officer.

Our Board of Directors


Our board guides the direction of the company and oversees the steps we take to achieve our strategic goals. The board ensures the decisions taken by OCP Senior Management are in line with the interests of OCP’s stakeholders. As a state-owned company, the OCP Board of Directors is composed of:

  • Mostafa Terrab : The OCP Chairman and Chief Executive Officer
  • Abdelouafi Laftit : The Interior Minister
  • Moulay Hafid Elalamy : The Minister of Industry, Investment, Trade, and Digital Economy
  • Nasser Bourita : The Minister of Foreign Affairs and International Cooperation
  • Mohamed Benchaaboun : The Minister of Economy and Finance
  • Aziz Rabbah : The Minister of Energy, Mines and Sustainable Development
  • Mohammed Sadiki : The General Secretary of the Ministry of Agriculture and Fisheries
  • Banque Centrale Populaire : Represented by its President and CEO Mohamed Karim Mounir
  • Samya Belhaj : Secretary of the Board

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