On November 5, 2026, Fouzi Abu Khzam, Governor of the Central Bank of Libya, convened a comprehensive meeting in Benghazi. The gathering included various department managers and officials from the bank. The primary objective was to review the fieldwork progress, assess the performance level of different departments, and explore ways to enhance coordination and integration among them. This aims to improve banking operations and elevate the overall institutional performance.
During the meeting, Abu Khzam stressed that the Central Bank of Libya remains a unified, sovereign institution. All branches and departments operate within a single, organized framework. He highlighted the importance of fostering a collective work environment and intensifying cooperation channels among the bank's components. This unity is crucial for achieving strategic and institutional goals efficiently.
The meeting also addressed the need to overcome existing challenges and strengthen direct communication channels between departments. It emphasized the optimal utilization of national competencies and expertise available across various bank branches. Abu Khzam underscored that the upcoming period requires concerted efforts and a cohesive team spirit. This unity is essential for enhancing performance efficiency and ensuring smooth business continuity.
As part of the meeting's activities, Abu Khzam conducted a field tour of several bank departments. He closely observed the workflow, met with employees, and assessed task completion levels. This hands-on approach reflects his commitment to maintaining continuous, direct communication with the institution's foundation and closely monitoring their needs to support work environment development.
The meeting concluded with a reaffirmation of the need for sustained coordination and cooperation among all departments and branches. The importance of solidifying the institution's unity and total independence was also emphasized. The bank will continue to operate under a unified vision that supports its fundamental role in maintaining monetary and financial stability in Libya.
Key topics discussed during the meeting included strategies for enhancing institutional performance and navigating challenges. The Governor's emphasis on unity and cooperation underscores the bank's commitment to stability and effective governance. By working together, the bank aims to achieve its objectives and contribute to Libya's economic growth.
The Central Bank of Libya's efforts to improve its performance and overcome challenges are crucial for the country's economic development. The bank's commitment to unity and cooperation will help ensure the stability of the financial system and support the country's growth. The Governor's meeting in Benghazi highlights the bank's proactive approach to addressing challenges and improving its operations.
Key points
- The Central Bank of Libya remains a unified, sovereign institution working to enhance performance and overcome challenges.
- Governor Abu Khzam emphasizes the importance of unity and cooperation among bank departments to achieve strategic goals.
- The bank is committed to maintaining monetary and financial stability in Libya through effective governance and cooperation.
