In addition to supervising the Authority’s subsidiaries and monitoring their performance to achieve its goals. The Board of Directors manages four committees, each with an agreed mandate. They support the Board in managing vital operations, namely:
Dr. Ali Mahmoud Hassan Mohamed
Chairman of the Board and Chief Executive Officer
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Dr. Ali Mahmoud has been the Chairman and CEO of the Libyan Investment Authority since 2017.
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Under his leadership, LIA embarked on a comprehensive transformation journey to raise its standards of governance, transparency, and accountability. It made significant progress in improving its commitment to the Santiago Principles ®️.
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Dr. Ali Mahmoud has more than 20 years of experience in financial management and business administration. Prior to joining the Libyan Investment Authority, he held the position of General Manager of the Libyan Company for Finance and Financial Leasing, a subsidiary of the Economic and Social Development Fund.
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Dr. Ali Mahmoud started his academic career in 2002 as a faculty member at the Faculty of Economics at Al-Jufra University. Since then, he has held various positions as Head of the Finance Department at the Libyan Academy, Head of the PhD Program and Dean of the Faculty of Business Administration at Sirte University.
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Dr. Ali Mahmoud holds a Bachelor’s degree in Business Administration from the University of Tripoli in Libya, from which he graduated in 1998, a Master’s degree in Financial Planning from the Planning Institute for Graduate Studies in Tripoli, from which he graduated in 2002, and a Ph.D. in Financial Management from the Arab Academy for Banking and Financial Sciences in Amman – Jordan, from which he graduated in 2009.
Members
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Anas Saad Lamin
Member
Ahmed Abdullah Ammar
Member
Mustafa Mohamed Elmanea
Member
Youssef Ahmed Al Mabrouk
Member and Vice Chairman
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Anas Saad Lamin
Member
Ahmed Abdullah Ammar
Member
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Mustafa Mohamed Elmanea
Member
Youssef Ahmed Al Mabrouk
Member and Vice Chairman
Youssef Ahmed Al Mabrouk
Mr Yousef Ahmed al-Mabrouk was appointed Deputy Chairman of the Libyan Investment Authority (LIA) in February 2019.
Mustafa Mohamed Elmanea
Ahmed Abdullah Ammar
Mr. Ahmed Abdullah Ammar has been a member of the Board of Directors of the Libyan Investment Authority since 2017. He served as Chairman of the Waha Oil Company’s management committee for ten years, managing the company in the worst conditions that Libya experienced. The company was able to return to its previous production rate before the revolution and during the wars that took place later, despite the destruction of some of its facilities. Then he moved to occupy the post of Director of Management Committee of Akakus Company for petroleum operations. He is a member of the Board of Directors of Ola Energy. Mr. Ahmed Abdullah Ammar has executive leadership skills with a creative mindset and proven success in leading multidisciplinary departments in developing and improving overall performance and corporate efficiency. Likewise, he has extensive experience in leading and creating high performance leadership teams for attaining the desired goals. Mr. Ahmed Ammar is an ambitious executive leader with a proven track record in strategic planning, managing major operations and team building in challenging circumstances. He has a proven track record in streamlining the management team of Waha Company, which is one of the largest oil and gas producing companies in Libya. Mr. Ahmed Ammar holds a Master’s degree in Project Management from the University of Salford – UK and a Higher Diploma in Electrical and Electronic Engineering from Wigan and Leigh College, UK.
Anas Saad Lamin
Dr. Anas Lamin Almnify, hold PhD in International Business Affairs from ISM (international school of Management Paris France). Master in accounting and banking.
Upon earning his PhD, and after a stint in banking ,Dr. Lamin became fully involved in consulting projects and academia.
Dr. Lamin focus areas are startup, strategic planning, internal audit, and financial analysis. Also his is the Head of the Audit, Risk and Compliance Committee.
