Allianz has been granted the status of Casablanca Finance City (CFC) for Marofinac, the Group's financial services subsidiary in Africa. This step underlines the company's strategic vision to increase its presence in the Moroccan market and across the continent.
Allianz's regional Chief Executive Officer Africa, Coenraad Vrolijk, explained: "We are pleased to have joined Casablanca Finance City, the first financial center in Africa. The Allianz Group is strongly committed to Africa for the long-term. With Marofinac’s new CFC status, the set-up of our regional headquarters in Casablanca becomes fully operational and doing business in the region easier.”