Vermeg Welcomes Tarak Achich as New CEO to Lead Growth and Innovation Efforts

Vermeg Welcomes Tarak Achich as New CEO

Vermeg, a renowned global provider of financial software solutions, recently announced the appointment of Tarak Achich as its new CEO, effective April 2, 2025. This strategic move comes as the company aims to bolster its leadership and innovative capabilities within the fields of Collateral Management and Insurance.

Tarak Achich brings a remarkable three-decade-long career in capital markets, banking, and insurance to the table. His extensive background includes holding executive positions at notable organizations such as Groupe Crédit Mutuel Arkéa, Oddo Cie, and Euronext. Achich has also been associated with the Vermeg board from 2008 to 2021, deepening his understanding of the company's operations and market positioning.

Vermeg's mission is to provide specialized software solutions designed to streamline operations for financial institutions in the banking, wealth management, and insurance sectors. With over 160 clients across more than 40 countries, their services are pivotal in enhancing digital transformation and operational efficiency in financial establishments globally. The firm's headquarters are located in Amsterdam, and they maintain a strong international presence with offices in 16 countries and a workforce surpassing 1,000 professionals.

The appointment of Achich signifies Vermeg's ongoing commitment to delivering cutting-edge solutions that prioritize both innovative advancements and high-value outcomes for clients worldwide. Badreddine Ouali, Chairman of the Supervisory Board, expressed confidence in Achich's leadership potential. He stated, "Tarak's leadership will play a pivotal role in advancing our growth strategy and continuing our mission to deliver innovative solutions in Collateral Management, Insurance, and beyond. His vast industry experience and vision will ensure Vermeg remains a leader in financial technology, creating lasting value for our clients and partners."

As a proactive leader, Achich plans to focus on further expanding Vermeg's market influence across Europe, the UK, the Americas, and the Asia-Pacific region. By concentrating on core areas like Collateral Management and Insurance, Vermeg aims to not only solidify its market presence but also lead innovation in an increasingly competitive landscape.

In addition to Achich's appointment, Vermeg announced the elevation of Badreddine Ouali to Chairman of the Supervisory Board and Marwen Hanifeh as Chairman of the Management Board. Both individuals will collaborate closely with Achich to ensure seamless execution of the company's strategic goals and alignment with long-term aspirations for growth and expansion.

With an impressive track record and industry experience, Tarak Achich's leadership is anticipated to usher in new opportunities and foster an environment of innovation at Vermeg. Clients and partners can look forward to enhanced service offerings and continued advancements in the realm of financial technology as Achich spearheads this exciting new chapter for the company.