Created to support the development of the Moroccan real estate market.
Yamed Group was formed as the result of an encounter between Karim Beqqali and the late Arnaud de Ménibus, which enabled them to bring to life their shared goal to support the development of the Moroccan real estate market, a goal toward which they were already working separately.
Arnaud de Ménibus was the co-founder and Chairman of the Board of Directors of Yamed Group, in addition to his duties as Executive Chairman and Chairman of the Management Board of the Yam Invest group and its subsidiaries.
Before forming the Yam Invest group, Arnaud had held several high-ranking positions at Paribas Group between 1972 and 1997. In particular, he served as Director of Private Banking, Head of the Real Estate Division and member of the Executive Management Committee.
After leaving Paribas Group, Arnaud de Ménibus participated in several business start-ups and takeovers. Notably, at the beginning of 1998, he gathered several co-investors to acquire the Cogedim group, France’s leading real estate development company on the high-end residential segment. He was Chairman of the Supervisory Board and, through Yam Invest, the reference shareholder until mid-July 2007.