Central Bank departments urged to unify their work
LIBYA – Central Bank of Libya Governor Fawzi Abukhzam said the bank is a single sovereign institution whose departments and branches all operate within a unified institutional framework, at a meeting he held on Thursday in Benghazi with a number of department directors and officials at the bank. He stressed the need to strengthen coordination and cooperation among them, away from divisions and geographical and administrative considerations.
Reviewing performance and strengthening integration between departments
The meeting discussed the progress of work and the performance of the bank’s departments, and ways to strengthen coordination and integration among them to help develop institutional performance and raise the standard of work. Abukhzam stressed the importance of embedding a culture of teamwork and unifying efforts to achieve the institution’s goals.
Overcoming challenges and drawing on expertise
The governor called for overcoming challenges, stepping up direct communication between departments and drawing on the skills and expertise available across the bank’s branches. He said the coming phase requires everyone to pull together and work as one team, to boost efficiency and ensure work continues regardless of geographical or administrative considerations.
Field tour and consolidating the bank’s independence
On the sidelines of the meeting, Abukhzam toured a number of the bank’s departments, reviewing the progress of work and performance, and met staff to learn about their needs and what is required to improve their performance.
The meeting concluded by affirming continued coordination and cooperation among the various departments and branches, consolidating the unity and independence of the Central Bank, and working to a shared institutional vision that strengthens its role in maintaining monetary and financial stability in Libya.
