No Result
View All Result
Thursday, March 5, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Tripoli CBL Governor replacement discussed

bySami Zaptia
September 28, 2016
Reading Time: 2 mins read
A A

By Moutaz Ali in Tripoli and Sami Zaptia in Tunis.

Tripoli CBL Governor Sadik Kabir in a meeting with Faiez Serraj in Tripoli in April (Archive Photo: CBL).
Tripoli CBL Governor Saddek El-Kaber (left) in a meeting with Faiez Serraj in Tripoli in April (Archive Photo: CBL).

28 September 2016:

There are reports that the Tripoli-based Central Bank of Libya (CBL) Governor, Saddek Elkaber, is about to be replaced as his tenure in office comes to its natural end this month.

Mohamed Najeeb Al-Jamil, Jamal Al-Malik, Idris Alahemer, Mohamed Al-Shukri and Tarek Yousef Magarief, son of former GNC president Mohamed Magarief, are the names being touted.

Highly placed sources at the CBL have told Libya Herald, however, that it is very unlikely that Elkaber would be replaced at this juncture in time in view of the political division of the country.

RELATED POSTS

Aldabaiba and Menfi stress use of polling feedback to establish consensus basis for constitutional process: report and analysis

Tripoli based Libyan PM Aldabaiba takes part in Q&A as part of Tripoli Media Days – talks about Russia, corruption, El-Kaber, Bengdara and elections

They pointed out that according to the Libyan Political Agreement (LPA), the CBL Governor would need to be agreed upon by both the Tobruk-based House of Representatives, as the sole legislative Libyan body, as well as the High State Council in its advisory role.

They also felt that the international community would have more leverage in influencing the CBL Governorship role as the nature of the position relies on cooperation with the international community. They felt that the status que would be the best step for such a sensitive position and that a change would be very destabilizing to Libya at this time as it could open further existing divisions.

The sources felt that the increased media chatter was sparked by combination of the nearing of the end of Elkaber’s tenure and as a result of the statements and leaked documents from the High State Council.

It will be recalled that on Sunday the Abdelrahman Swehli-led High State Council had announced that it planned to appoint top military and civilian positions, including the heads of the armed forces and the governor of CBL.

The announcement came in spite of national and international rejection of the its unilateral assumption of the legislative powers of the House of Representatives, as set out in the UN-brokered LPA signed in Skhirat in December 2015.

The Council’s second deputy president, Mohammed Mazaib, had told its Counter-Terrorism, Security and Stability Committee to prepare a law within a month on powers of the Supreme Commander of the Libyan Army and other leading army positions.

He had also instructed the Political Agreement Implementation Committee to make nominations for the governorship of the CBL, the chairmanships of the Audit Bureau, Administrative Control Authority, Anti-Corruption Authority and the High National Elections Commission, as well as the presidency of the Supreme Court and the post of Attorney General.

The move to appoint the civil posts has been triggered by the view that the appointment of Saddek Elkaber as governor of the CBL expires on 26 September. He was appointed by the former General National Congress in 2012.

Tags: CBL Governor Saddek ElkaberfeaturedTarek Yousef Magarief

Related Posts

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Former Culture Minister declared yesterday that she does not accept her sacking by PM Aldabaiba – today she is prevented from entering the ministry

March 4, 2026
Largest-ever Libyan government delegation to visit Washington first week of September
Libya

Libya needs unified institutions to restore economic vitality through UNSMIL’s efforts: Trumps Advisor Boulos

March 4, 2026
HoR condemns Serraj’s foreign intervention call
Libya

HoR members call for amendment of the HoR’s internal regulations – to check Ageela Saleh’s unilateral decision-making powers

March 3, 2026
Presidency Council objects to holding of south reconciliation event in Italy
Libya

As Tripoli PM Aldabaiba fills two vacant ministerial posts, Presidency Council expresses a split over the legality of their appointment

March 3, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

March 2, 2026
NOC announces force majeure at Zawia port
Libya

The National Oil Corporation continues its million-tree planting campaign

March 1, 2026
Next Post

Hafter seems to blank Serraj overture

Another Cyrenaica mayor removed by Nazhuri, but Soloug rejects similar moves

Top Stories

  • Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    0 shares
    Share 0 Tweet 0
  • Demonstrations continue in Zawia for the second day in a row against all incumbent political entities as standards of living continue to diminish

    0 shares
    Share 0 Tweet 0
  • PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

    0 shares
    Share 0 Tweet 0
  • Is Libya’s judicial system on the verge of splitting?

    0 shares
    Share 0 Tweet 0
  • Hafter’s forces claim liberation of all its kidnapped soldiers at the southern Al-Toum border checkpoint from local militias

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Former Culture Minister declared yesterday that she does not accept her sacking by PM Aldabaiba – today she is prevented from entering the ministry

LIA Chairman Hassan meets Russian Ambassador Aganin – discusses reinvesting Libyan assets previously frozen by the UN Security Council

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.