Suleiman Alazzabi to head Jumhouria Bank

The Governor of the Central Bank of Libya, Naji Issa, has appointed Suleiman E. Alazzabi as General Manager of Jumhouria Bank, replacing Nouri Flayjah, who previously served in an acting capacity.

The appointment forms part of the Central Bank’s broader strategy to restructure state-owned financial institutions and strengthen the leadership of key banking entities.

Jumhouria Bank, the largest commercial bank in Libya by branch network and market share, plays a vital role in the national economy, serving individuals, businesses, and government agencies across the country.

The bank is seen as central to efforts aimed at modernising Libya’s financial sector and improving service delivery in both the public and private spheres.

Suleiman E. Alazzabi brings to the role more than 30 years of executive experience in banking and financial services. His previous positions include General Manager of the National Commercial Bank and Chief Executive Officer of Wahda Bank. He has also held board-level responsibilities in several Libyan and international financial institutions.

The Central Bank’s decision reflects its ongoing efforts to promote experienced, reform-minded professionals capable of guiding banks through an evolving economic and regulatory landscape.

With a renewed emphasis on digital transformation, governance reform, and institutional performance, the appointment is expected to help reposition Jumhouria Bank as a more agile and customer-focused institution.