BusinessLibya

New board of directors appointed for LAICO

The General Association of the Libyan African Investment Company (LAICO) has reshuffled its board of directors in a meeting held over the last days headed by the Vice CEO of Libyan African Investment Portfolio Nasser Salim and attended by its General Director Mousa Ateeq, as well as representatives from Libyan authorities, including Audit Bureau, and Libyan Investment Authority.

The reshuffle named Abdelhakim Al-Shuwaihdi as the CEO of the LAICO and named others in different LAICO positions.

The General Association of LAICO allocated a monthly payment for the new CEO worth 3.000 Libyan dinars.

The new board of directors also included members Mohammed Esmeda, Saleh Ahmed, Hassan Al-Furjani, Nizar Al-Sharif, Mohammed Mukhtar, with 2.500 Libyan dinars as monthly payments for each.

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