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Morocco's ONA conglomerate fires chairman

Sat Apr 12, 2008 5:55pm IST
 
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RABAT, April 12 (Reuters) - ONA ONA.CS, a conglomerate that dominates Morocco's private sector, said on Saturday it has sacked its chairman Saad Bendidi, citing management failings in developing its telecoms Wana venture.

Mouatassim Belghazi, who has headed a ONA subsidiary, will replace him, it added in a statement released following a company's board emergency meeting on Friday. (Reporting by Lamine Ghanmi, editing by David Christian-Edwards)

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