Lamia Merzouki Appointed Chair of WAIFC's Board of Directors
Portfolio - People | Jan 02, 2025 | EIN

Lamia Merzouki has been appointed as the new Chair of the Board of Directors for the World Alliance of International Financial Centers (WAIFC), with Hubertus Väth being appointed as Vice Chair. This appointment follows the AGM held in Tokyo on October 18, 2024. Merzouki, who is the Deputy General Manager at Casablanca Finance City, succeeded Keiichi Aritomo. Väth, the Managing Director at Frankfurt Main Finance, co-founded the WAIFC and has been a board member since 2018. Both leaders are recognized for their extensive experience across financial services and are committed to driving innovation, promoting sustainability, and creating a more inclusive financial industry. There are 29 global financial centers under WAIFC, and the leadership aims to continue fostering cooperation between established and emerging market centers. Their vision for financial centers includes shaping drivers of global economic growth and addressing the challenges facing finance and business today.
Sectors
- Financial Services
- Sustainability
- Economic Growth
Geography
- Global – The WAIFC is an international alliance with members from five continents, highlighting its global reach.
- Belgium – The announcement of the new leadership was made in Brussels, Belgium.
- Japan – The AGM, where the new leadership was elected, was held in Tokyo, Japan.
Industry
- Financial Services – The article discusses leadership appointments within the World Alliance of International Financial Centers, focusing on the financial services sector.
- Sustainability – There is a focus on driving innovation and promoting sustainability within financial centers as discussed by the new leadership.
- Economic Growth – The overarching theme involves elevating financial centers as key drivers of global economic growth.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Lamia Merzouki | Chair of the Board of Directors | People | Deputy General Manager at Casablanca Finance City, elected Chair of the WAIFC. |
Hubertus Väth | Vice Chair of the Board of Directors | People | Managing Director at Frankfurt Main Finance, elected Vice Chair of the WAIFC. |
World Alliance of International Financial Centers (WAIFC) | Organization | Companies | An alliance of 29 global financial centers aimed at cooperation and growth in international financial services. |
Casablanca Finance City | Organization | Companies | A financial hub in Morocco, represented by Lamia Merzouki. |
Frankfurt Main Finance | Organization | Companies | A financial services entity in Frankfurt, represented by Hubertus Väth. |