Avito Morocco Appoints new CMO

Malaysia-based marketplace specialist Frontier Digital Ventures (FDV) has appointed Badr Laghmari as chief marketing officer at Avito.ma, Morocco's leading marketplace.

Laghmari joins after spending seven years as the founder and CEO at Umbrella Capital Trading, a business development company also based in Morocco.

Laghmari said:

"I am eager to work with such a dedicated and talented team to evolve the brand and reach new heights. I look forward to the challenges and opportunities this role will offer, and I’m ready to contribute to the continued success of Avito."

Avito.ma is 100%-owned by FDV and is the Group's biggest contributor to revenue across the MENA region across horizontals including real estate. However, revenues fell 4% YoY (to USD $1.1M) in Q1 2023.