Bilal Achacha appointed as new head of the National Investment Fund

The National Investment Fund (FNI) has appointed Bilal Achacha as its new Director General. His installation ceremony was led on Tuesday by Kamel Meraghni, Secretary General of the Ministry of Finance. Achacha, previously at the helm of the Anade agency, brings significant experience in public sector restructuring. He takes over a strategic entity that recently saw its capital increased to 275 billion dinars under the 2025 Finance Act. The FNI has been central to major national projects, including investments in Djezzy, the Stellantis-Fiat venture, and various digital partnerships. The new director faces the challenge of balancing large state-led projects with the government's mandate to boost productive investment, a priority previously highlighted by Finance Minister Abdelkrim Bouzred during his efforts to improve the institution's overall efficiency.