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Rachid SEKAK

  • Founding Partner
  • SEKAK Conseils

Bio


Rachid SEKAK holds an MBA from the University of California and a BA in Financial Economics from the University of Algiers. He now leads SEKAK CONSEILS, a consultancy based in Paris and Algiers that provides strategic and financial consulting services to enterprises, multinational companies, investment funds, banks, financial institutions and governments throughout Africa, Europe, and Mena regions. He is also deeply involved in Financial and Banking education. Previously, Rachid opened and led the operations of HSBC Algeria from 2007 to 2013 as its Chief Executive Officer, having joined the HSBC Group in 2006. He has previously worked for the Union de Banques Arabes et Françaises (Paris) first as General Manager for branches and Asia and then as General Manager of one of the commercial divisions. In 1990, he was appointed to the post of Special Advisor to the Governor of Algeria’s Central Bank and was later promoted to Secretaire General du Conseil de la Monnaie et du Credit, the bank’s Board of Directors and local regulatory authority. He subsequently was appointed Director of the External Debt and as Chief Debt Negotiator, shapping the Algerian debt renegociations with the London Club and Paris Club. Rachid started his career as a lecturer at the University of California and at the University of Algiers. In 2014, Rachid was honoured by Her Majesty the Queen Elisabeth II as a Member of the Order of the British Empire (MBE)

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