Nezha Hayat Secures Third Term as Chair of MENA Financial Market Regulators

Wednesday 21 February 2024 - 16:17

Nezha Hayat, the chief of Moroccan Capital Markets, has solidified her standing as a leader in regional financial regulation by securing her reelection as the chair of the Africa and Middle East committee of the International Organization of Securities Commissions (IOSCO).

The announcement, made this week in Rabat, marks Hayat's third consecutive term at the helm of the influential Africa and Middle East Regional Committee (AMERC), acknowledging her steadfast representation of Morocco in the global financial arena. As the chairperson and CEO of Morocco's Capital Market Authority (AMMC), she holds a pivotal role in shaping the development of capital markets across the region.

Hayat's reelection has been lauded by the AMMC, which sees it as ensuring continued representation in IOSCO's board of directors. Serving as a conduit for 42 financial regulators, AMERC tackles pressing issues and facilitates information exchange to bolster emerging markets. Hayat's leadership undoubtedly contributes to the vital task of fostering inclusive, transparent economies.

A trailblazer for women in banking and beyond, Hayat has introduced diversity into previously male-dominated sectors. Her illustrious career boasts several milestones, including her tenure as the head of the board of Sogelease, a subsidiary of Société Générale. Later appointed by King Mohammed VI as the president of AMMC in 2016, she has impressively held this position ever since.

Under Hayat's guidance, Morocco has forged partnerships with prestigious organizations like the Chartered Institute for Securities and Investments. Such initiatives underscore her dedication to upholding high regulatory standards that cultivate business confidence and sustainable growth.

With her reelection, Hayat, North Africa's foremost financial steward, secures another term to amplify the region's voice and vision on the global stage. Her experience and influence are poised to assist emerging markets in optimizing opportunities within increasingly interconnected financial systems.