The Libyan Investment Authority (LIA) has signed a contract to resume the transformation project in cooperation with the executive board of British Oliver Wyman for management consulting services, to be operational in early next year.
According to LIA officials, the step comes in the framework of improving the institution’s operational processes, developing its administrative structures, and building competencies.
This is one of the top priorities of the strategic plan set by the Board of Directors of the institution, which it has been working on for more than six months, to impose governance, transparency, and institutional reform on the Libyan Investment Fund, according to LIA.