Vermeg Appoints Tarak ACHICH as New CEO to Drive Innovation and Growth

Vermeg Names Tarak ACHICH as CEO for Future Growth

AMSTERDAM, April 23, 2025 – Vermeg, a prominent name in global financial software solutions, has announced the appointment of Tarak ACHICH as its new Chief Executive Officer, effective from April 2, 2025. With a wealth of experience spanning over 30 years in capital markets, banking, and insurance, ACHICH is set to steer the company towards further growth and innovation in these sectors.

ACHICH comes with a proven track record, having held executive positions at notable institutions like Groupe Crédit Mutuel Arkéa, Oddo Cie, and Euronext. He was also part of the Vermeg board from 2008 until 2021, making him well-acquainted with the company's vision and strategic objectives.

Vermeg specializes in delivering tailored software solutions designed for banking, insurance, and wealth management industries. His appointment marks a critical point as Vermeg seeks to bolster its leadership in Collateral Management and Insurance, which are among the company's core functions focusing on market-leading innovations.

Under ACHICH's leadership, Vermeg plans to intensify its commitment to delivering high-value, state-of-the-art solutions tailored for financial institutions situated across Europe, the UK, the Americas, and the APAC region. His vast industry experience and foresight are expected to play a pivotal role in propelling Vermeg's growth strategy and ensuring that the company continues to deliver innovative offerings in Collateral Management and Insurance.

In conjunction with this leadership transition, Vermeg has also appointed Badreddine Ouali as Chairman of the Supervisory Board and Marwen Hanifeh as Chairman of the Management Board. Both Ouali and Hanifeh will collaborate closely with ACHICH on Vermeg's strategic initiatives to ensure continuity and alignment with the company's long-term ambition for growth and market leadership.

Ouali expressed confidence in ACHICH's capabilities, stating, "Tarak's leadership will greatly enhance our growth strategy and continue our mission to bring groundbreaking solutions in the fields of Collateral Management and Insurance. His vast industry experience and vision will help Vermeg to maintain its leading status in financial technology, creating significant value for our customers and partners."

Established in 1993, Vermeg provides specialized software solutions for the banking, insurance, and wealth management sectors. The company boasts over 160 clients across more than 40 countries, aiding financial institutions in optimizing operations and accelerating their digital transformations. Headquartered in Amsterdam, Vermeg operates in 16 countries and employs more than 1,000 professionals worldwide.

For contact and further information, please reach out to Donia Sahli at Strawinskylaan 411 WTC, Tower A, 4th floor, Amsterdam 1077 XX, Netherlands or email email protected] For more insights about Vermeg, visit their official website at [www.vermeg.com.