Dr. Fauzi Abokhzam, Governor of the Central Bank of Libya, today, Wednesday, took the constitutional oath before the Speaker of the House of Representatives and a number of its members. This follows the House of Representatives’ decree dated 2 November 2026, appointing him as Governor of the Central Bank of Libya, and completes the legal requirements for formally assuming his duties.

This step comes at a time when strengthening monetary and financial stability, reinforcing confidence in the banking sector, and developing monetary policy instruments are of particular importance. It also underscores the need to enhance coordination and cooperation with state institutions and relevant stakeholders in a manner that serves the public interest and supports economic stability across the country.

The Central Bank of Libya reaffirms its commitment to continuing to fulfil its duties and responsibilities, strengthening the efficiency of the banking sector, and developing financial and banking services in pursuit of its objectives and in accordance with the laws and legislation governing its operations.

Central Bank of Libya