Ali Shamekh resigns from CEO post at Libyan sovereign fund | ZAWYA MENA Edition:
"Ali Shamekh has resigned from his position as chief executive of Libya's contested sovereign wealth fund, saying divisions within Libya had made it impossible for him to implement a viable programme, according to a statement. The $66 billion Libyan Investment Authority (LIA) has long been hobbled by a leadership dispute, reflecting the divided nature of the country. Shamekh, who has held a number of senior positions in Libya, including chief executive of Libya Oil Holdings and TAMOIL Africa Holdings, was appointed chief executive of the LIA in August 2016 by authorities in the east of the country."
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