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Home Libya

Central Bank of Libya Governor to be removed?

bySami Zaptia
July 23, 2013
Reading Time: 2 mins read
A A
CBL governor optimistic about Libyan economy

CBL Governor said that (Photo: Sami Zaptia).

By Sami Zaptia.

The CBL Governor’s job is being advertised by the GNC (Photo: Sami Zaptia).

Tripoli, 23 July 2013:

In an unheralded move, the GNC has announced that it is to appoint a new Central . . .[restrict]Bank of Libya Governor and Deputy Governor. The announcement came out of the blue and appeared without much prior GNC or media debate yesterday on the GNC’s website.

“The GNC Budget, Planning and Finance Committee announce the invitation of applications for the posts of the Central Bank of Libya (CBL) Governor and the CBL Deputy Governor”, the post on the GNC’s webpage read.

“These vacancies will be open between, Sunday, 22 July and Wednesday, 7 August 2013. Candidates can apply during working hours during the two weeks from the date of this announcement”.

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“Applicants must submit their personal resume and fill-in the special application form prepared by the Committee which is published on its official website at; www.gnc.gov.ly”.

“Applications are received during working hours at the Committee’s Headquarters at Palace No.19, Hospitality Palaces, GNC Headquarters. Applications can also be submitted by email to www.gnc.gov.ly”, the statement concluded.

The statement gives no further information regarding this move and will certainly lead to much unwarranted speculation as a result of its brevity.

It in no way indicates, for example, if the CBL Governor, Saddek Elkaber, has resigned, retired, is being sacked or is being removed by the Political Isolation Law.

Elkaber has had his critics, mainly on social networks. The most common accusation is that he had worked during the Qaddafi regime. However, despite the many unwarranted accusations, no one has come up with any evidence of impropriety by him.

With the passage of time, it was thought that he had weathered the storm, having survived under two de facto heads of states: Mustafa Abdul Jalil and Mohamed Magarief.

However, it seems that the GNC  under the new leadership of Nuri Abusahmain has, for yet to be disclosed reasons, decided that it was time to have a change of leadership at the top of the CBL. [/restrict]

Continue Reading
Tags: CBLCentral Bank of LibyafeaturedGNCGovernorSaddek Elkaber

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