During his meeting yesterday, Monday, with the General Manager of the Libyan Foreign Bank, Khaled Al-Qonsul, the President of the Audit Bureau, Khaled Shakshak, discussed the bank’s situation and the strategic priorities set by him for the coming period, in addition to discussing the existing problems facing the Foreign Bank in managing some of its contributions and bonds.
The meeting, which was attended by the Deputy President of the Audit Bureau, Ala Al-Messalati, and a number of directors of the departments concerned with the Audit Bureau and the Foreign Bank, focused on discussing the observations reached by the reports of the bank’s audit and its performance evaluation by the Audit Bureau committees. Several meetings were agreed upon to discuss the different files continuously.
At the end of the meeting, Shakshak emphasized the need to comply with the Audit Bureau’s observations and to enhance the frameworks of governance and internal procedures of the Foreign Bank. Al-Messalati also stressed the need to accurately define the objectives and the mechanism for achieving them within the bank’s plan, indicating the readiness of the Audit Bureau to develop a monitoring and performance evaluation plan in response.
For his part, Al-Qonsul confirmed the Foreign Bank’s commitment to the Audit Bureau’s observations and recommendations, indicating that the bank is in the process of completing the study of many problems and obstacles and finding the necessary solutions for them in coordination with the Audit Bureau.