Libya – The Central Bank of Libya announced on Thursday that Fawzi Abu Khazem has officially assumed the role of acting governor. His appointment comes by decision of the House of Representatives, with endorsement from the High Council of State. A handover ceremony took place in the presence of members from both councils, in what the bank described as a cordial atmosphere reflecting commitment to continuity.
The Central Bank reassured citizens and international partners that its operations remain orderly and uninterrupted. It stressed that the bank continues to fulfill its responsibilities and maintain the stability of the banking sector and the regularity of its services.
Abu Khazem said that all departments of the Central Bank are functioning as usual. He noted that he has directed staff to ensure the smooth continuation of work and to strengthen coordination between departments, in order to protect citizens’ interests and guarantee the ongoing delivery of banking services.
The acting governor also emphasized the importance of upholding the bank’s commitments to local institutions and international partners, to ensure stable and continuous operations.
At the end of the statement dated October 22, 2026, the Central Bank thanked the outgoing governor for his service and wished him success.