Fawzi Abu Khazem takes charge as Libya's acting central bank governor
The House of Representatives appointed Fawzi Abu Khazem, with endorsement from the High Council of State.
Fawzi Abu Khazem officially became the acting governor of the Central Bank of Libya on Thursday. The House of Representatives made the appointment, which received endorsement from the High Council of State. A handover ceremony occurred with members from both legislative bodies present.
The Central Bank of Libya assured citizens and international partners of its continued services and commitment fulfillment. This assurance follows the official assumption of duties by the new acting governor.
The appointment marks a change in leadership at the central bank. The bank stated its intention to maintain operational continuity and uphold its financial obligations.
Why it mattersLibyans and international partners rely on the Central Bank of Libya for continued services and fulfillment of commitments.