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Spotlight | Morocco
Senior departures mount at phosphate giant OCP

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Moroccan businessman Mostafa Terrab, CEO of OCP Group, in Rabat on 30 October 2024.
Moroccan businessman Mostafa Terrab, CEO of OCP Group, in Rabat on 30 October 2024. © Jeanne Accorsini/Pool/Abaca via Reuters Connect
Moroccan businessman Mostafa Terrab, CEO of OCP Group, in Rabat on 30 October 2024.
Moroccan businessman Mostafa Terrab, CEO of OCP Group, in Rabat on 30 October 2024. © Jeanne Accorsini/Pool/Abaca via Reuters Connect

Several senior executives are leaving the firm as CEO Mostafa Terrab maintains an austerity drive and cuts the group's workforce. Growing tensions over governance are also fuelling speculation about possible succession scenarios.

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