Image Source: AsiaOne
Libyan Investment Authority concludes first phase of transformation programme GlobeNewswire September 28, 2020 LONDON and TRIPOLI, Libya, Sept. 28, 2020 (GLOBE NEWSWIRE) -- The Libyan Investment Authority (LIA), Africa’s largest sovereign wealth fund, has announced the conclusion of the first phase of its comprehensive Transformation Programme, a major strategic mechanism for institutional development. The key milestone was marked in the presence of the International Forum of Sovereign Wealth Funds (IFSWF), a global network of close to 40 SWF, and international experts, as well as the directors of its subsidiaries and affiliated investment portfolios. Phase one of the strategic programme focused on the design and adoption of an operational mechanism to boost working efficiency, ensure internal transparency, control and governance, as well as compliance with the Santiago Principles.
Source: AsiaOne