Muhammad Layas

Mohammed H. Layas is a prominent Libyan politician and investment banker. He obtained a Bachelor of Arts degree in Accounting and Business Management from the University of Benghazi, Libya, and a Diploma of the Institute of Economic Development, in Washington.

Politics

Layas has a long history of involvement in Libyan politics, serving as a foreign diplomat for Libya before the 1969 Al-Fatah Revolution which brought Muammar al-Gaddafi into power. Currently, Mr. Layas is a member of the Libyan governments General People's Committee (GPCO) for Finance.^[1]

Banking

Layas has served as Chairman and General Manager of the Libyan Arab Foreign Bank, the only bank authorized to conduct international banking transactions during sanctions. Additionally, he has been Deputy Chairman for the British Arab Commercial Bank (BACB) in London, UK until 2004, and the Banque Inter Continentale Arabe, in Paris, France. He was also Director of the Arab International Bank in Cairo, Egypt - in addition to membership on the boards of several other banks and investment companies.

Mr. Layas is Director of Banco Atlántico S.A. in Spain, and he joined the Board of the Bahrain based Arab Banking Corporation in 2001: Additionally, since 2006 he has been President and Chief Executive Officer of the Libyan Investment Authority.^[2]

See also

• British Arab Commercial Bank
• Banque Inter Continentale Arabe
• Arab International Bank

Notes

1. ^ Chiefs of State and Cabinet Members 13 August 2007
2. ^ Annual Report 2001 Arab Banking Corporation

External links

• GPCO Website
• Libyan Foreign Investment Board
• Libyan Foreign Bank
• Bank of Commerce and Development
• Aman Bank for Commerce and Investment
• GPCO Website
• اللجنة الشعبية العامة للمالية