The Central Bank of Libya (CBL) today, Sunday, formally completed the handover of the Governor’s responsibilities between the current Governor, Dr. Fauzi Abokhzam, and the former Governor, Mr. Naji Mohamed Issa, in the presence of several members of the Bank’s Board of Directors and department directors.

The ceremony included the signing of the official handover and takeover minutes, formally documenting the transfer of duties and responsibilities and completing the approved administrative and institutional procedures. This process ensures continuity of operations and the uninterrupted performance of the Bank’s functions.

The ceremony also included a recognition tribute to the former Governor in appreciation of his efforts and contributions during his tenure.

This handover reaffirms the Central Bank of Libya’s commitment to the principles of institutional governance, strengthening administrative stability, and ensuring the continued fulfilment of its responsibilities and statutory functions in accordance with applicable legislation.