Directives to ensure banking services continue
LIBYA – The Central Bank of Libya (CBL) announced on Thursday, 22 October 2026, that Dr Fawzi Musbah Abukhzam had taken up the task of carrying out the governor’s duties, an assignment made by the House of Representatives and backed by the High Council of State. The handover ceremony was attended by members of both councils and took place in what the bank described as a cordial atmosphere that, according to its statement, reflected a commitment to the institution’s continuity.
Bank reassures citizens and international partners
The CBL reassured citizens and international partners that work was proceeding normally and in an orderly manner, stressing that it would continue to perform its duties and meet its commitments while maintaining the stability of the banking sector and the regular provision of its services.
Abukhzam’s directives to strengthen coordination between departments
Abukhzam, who is tasked with carrying out the governor’s duties, assured the public that all of the bank’s departments were operating fully and regularly. He said that immediately after taking over he had directed that work continue efficiently and smoothly and that coordination between departments be strengthened, to safeguard citizens’ interests and ensure banking services run without disruption.
Abukhzam stressed the importance of the bank continuing to meet its commitments to local institutions and international partners, as part of keeping the institution running in an orderly manner.
Thanks to the former governor
Concluding its statement, issued on 22 October 2026, the CBL thanked the former governor for his efforts during his time in office and wished him every success.
