House of Representatives formally elects Abukhazam Central Bank governor

The House of Representatives on Monday formally elected Fawzi Abukhazam as governor of the Central Bank of Libya, with 78 votes at a session held in the southern city of Sabha. His appointment was approved at the same session.

Abukhazam had been serving in an interim capacity since 22 October, when the Speaker of the House tasked him with performing the governor’s duties after accepting the resignation of the previous governor, Naji Issa. A member of the bank’s board, he has run the institution since then.