The United Nations Support Mission in Libya (UNSMIL) said that following a new round of consultations on Wednesday regarding the crisis at the Central Bank of Libya (CBL), representatives from the House of Representatives and the High Council of State reached compromise on appointing new leadership for the CBL.

According to UNSMIL, two parties initialed an agreement on the procedures, criteria, and timelines for appointing a Governor, Deputy Governor, and Board of Directors for the CBL, in accordance with the provisions of the Libyan Political Agreement. 

UNSMIL said it would host a signing ceremony on Thursday, in the presence of the international community. Representatives of the two chambers are expected to return to review and consult on this agreement before officially approving it.

The expected nominations included Naji Issa for the position of Governor of the CBL, and Marie Al-Barasi was nominated for the position of Deputy Governor after the conclusion of consultations between the two parties. 

Sources expected that the procedures related to this appointment would be completed within a week of signing the agreement, which says that the CBL Governor and his Deputy will begin their duties within two weeks of the date of their official start in their position. They added that consultations would also take place to appoint a new Board of Directors in accordance with Libyan legislation.