<p>Mr. Mustapha Bakkoury, President of Masen, has been managing the<br />
implementation of the Masen&rsquo;s projects and their development since<br />
December 2009. Through the development of the Noor Solar Plan, Masen<br />
is now a reference on the regional and international scene of renewable<br />
energies.</p>

<p>Before joining Masen, Mr. Bakkoury, has led one of the major institutions<br />
of Morocco, Caisse de depot et de Gestion, that he positioned as one of the<br />
main financial institutions in the Kingdom. Previously, he occupied senior<br />
positions in the banking sector, within the BMCI group. He was also in<br />
charge of the development and financing of the activities of the National<br />
Urban Development Company (SONADAC).</p>

<p>Mr. Bakkoury is a graduate from the prestigious engineering French school<br />
&ldquo;Ecole Nationale des Ponts et Chauss&eacute;es of Paris&rdquo;. He also holds a degree in<br />
Banking and Finance in one of the leading French universities.<br />
Combining successful experiences in both public and private areas, Mr. Bakkoury<br />
has also been involved in politics. He was elected General Secretary of the<br />
Authenticity and Modernity Party (PAM) in 2012 and is currently President of<br />
the most important region of Morocco, Casablanca-Settat.</p>
