Muhammad Layas
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Mohammed H. Layas is a prominent
Libya Libya (; ar, ليبيا, Lībiyā), officially the State of Libya ( ar, دولة ليبيا, Dawlat Lībiyā), is a country in the Maghreb region in North Africa. It is bordered by the Mediterranean Sea to the north, Egypt to Egypt–Libya bo ...
n
politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...
and
investment banker Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with ...
.


Education

He obtained a
Bachelor of Arts Bachelor of arts (BA or AB; from the Latin ', ', or ') is a bachelor's degree awarded for an undergraduate program in the arts, or, in some cases, other disciplines. A Bachelor of Arts degree course is generally completed in three or four years ...
degree in
Accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...
and Business Management from the
University of Benghazi University of Benghazi ( ar, جامعة بنغازي), Formally known as Garyounis University, it is a public university in Benghazi, Libya, the country's second-largest city as well as one of the most prestigious. institutes of higher educatio ...
, 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 A diplomat (from grc, δίπλωμα; romanized ''diploma'') is a person appointed by a state or an intergovernmental institution such as the United Nations or the European Union to conduct diplomacy with one or more other states or internati ...
for Libya before the 1969 ''Al-Fatah'' Revolution which brought
Muammar Gaddafi Muammar Muhammad Abu Minyar al-Gaddafi, . Due to the lack of standardization of transcribing written and regionally pronounced Arabic, Gaddafi's name has been romanized in various ways. A 1986 column by ''The Straight Dope'' lists 32 spellin ...
into power. Currently, Mr. Layas is a member of the Libyan governments
General People's Committee The General People's Committee ( ar, اللجنة الشعبية العامة, ''al-lajna ash-sha'biyya al-'āmma''), often abbreviated as the GPCO, was the executive branch of the government of Libya, during the existence of Muammar Gaddafi's L ...
(GPCO) for
Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...
.


Banking

Layas has served as chairman and General Manager of the
Libyan Arab Foreign Bank Libyan Foreign Bank (LFB) was established in 1972 in Tripoli, Libya as Libyan Arab Foreign Bank; it was renamed Libyan Foreign Bank in 2005. It was Libya's first offshore banking institution licensed to operate internationally. The Central Bank o ...
, 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 London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major se ...
until 2004, and the Banque Inter Continentale Arabe, in
Paris, France Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, most populous city of France, with an estimated population of 2,165,423 residents in 2019 in an area of more than 105 km² (41 sq mi), ma ...
. He was also Director of the Arab International Bank in
Cairo, Egypt Cairo ( ; ar, القاهرة, al-Qāhirah, ) is the capital of Egypt and its largest city, home to 10 million people. It is also part of the largest urban agglomeration in Africa, the Arab world and the Middle East: The Greater Cairo metro ...
– in addition to membership on the boards of several other banks and investment companies. Mr. Layas is Director of
Banco Atlántico In 2003 Banco Atlántico became part of the Banco Sabadell Group. History *1901: Shortly after Cuba achieved its independence from Spain, José and Francisco Nonell y Feliu, who had been running a Cambio in Cuba since 1885, moved their busines ...
S.A. in Spain, and he joined the Board of the Bahrain-based
Arab Banking Corporation Arab Banking Corporation (also called Bank ABC) is an international bank with headquarters in the Diplomatic Area of Manama, in Bahrain. It was incorporated as a joint stock company in 1980 through a special decree by the Amir of Bahrain. It obtai ...
in 2001: Additionally, since 2006 he has been president and
chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
of the Libyan Investment Authority.


See also

*
British Arab Commercial Bank The British Arab Commercial Bank PLC (BACB) is an international wholesale bank incorporated in the United Kingdom that is authorised by the Prudential Regulation Authority (PRA) and regulated by the PRA and the Financial Conduct Authority (FCA) ...


References


External links


GPCO WebsiteLibyan Foreign Investment BoardLibyan Foreign BankBank of Commerce and DevelopmentAman Bank for Commerce and InvestmentGPCO Websiteاللجنة الشعبية العامة للمالية
{{DEFAULTSORT:Layas, Muhammad Members of the General People's Committee of Libya Libyan bankers Libyan diplomats Living people University of Benghazi alumni Year of birth missing (living people)