Libya parliament accepts central bank governor resignation
Libya eastern parliament approved the resignation of central bank governor Naji Issa and appointed Fowzi Musbah Abukhzam to the role. The move faced immediate rejection from a rival western authority.
Libya's eastern-based parliament approved the resignation of Central Bank Governor Naji Issa, appointing board member Fowzi Musbah Abukhzam to lead the institution. The abrupt leadership shift reignites institutional friction between rival authorities in the oil-producing nation. The transition threatens central bank stability following a 2024 political agreement that ended a prior leadership standoff.
