Workshop for the Adoption of Executive Plan Strategic Priorities Program

22-01-2024
Long Term Investment Portfolio held a workshop on Monday, 22-1-2024 to adopt the executive plan of the Strategic Priorities Program of the portfolio, which will start from this year through a series of steps and frameworks.

The workshop was attended by Mr. Abdel Fattah Abdel Ghaffar, Chairman of the Board and General Manager of LTP in addition to Mr. Ali Mahmoud, Executive Director of Libyan Investment Authority (LIA) and Director of the Portfolio and Libyan Investment Corporation, division managers and a consultant from Deloitte International."

During the workshop, the Chairman summarized the objectives of the Strategic Priority Program and stressed the intention to develop a clear investment strategy for the portfolio and a firm action plan during2024. Mr. Ali Mahmoud expressed support for this step and emphasized the need to detail a close framework and objectives in line with the strategy of the Libyan Investment Authority, noting the achievements the institution has been able to achieve during the past period.

At the workshop, the Strategic Planning Office presented an executive summary of the vision, goals, and governance of the Strategic Priority Program and spoke in detail about the high-priority outcomes that the portfolio aims to achieve in the first year of implementation of this program, including the increase of returns from portfolio contributions and the activation of asset protection strategies.

During the workshop, a presentation was offered by the director of the working group on the program, summarizing the executive plan and implementation schedule, expected risks and necessary support.

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