{"id":28,"date":"2022-10-18T09:54:53","date_gmt":"2022-10-18T09:54:53","guid":{"rendered":"https:\/\/laip.ly\/en\/?page_id=28"},"modified":"2025-03-26T22:17:01","modified_gmt":"2025-03-26T22:17:01","slug":"governance","status":"publish","type":"page","link":"https:\/\/laip.ly\/en\/governance\/","title":{"rendered":"Governance"},"content":{"rendered":"<div>\n<p>    <img decoding=\"async\" src=\"\/en\/wp-content\/uploads\/2022\/12\/governance-page-title.jpg\" alt=\"\"><\/p>\n<h1>Good governance <br \/>is the path to development <br \/>and better performance<\/h1>\n<\/div>\n<div>\n<h2>Governance<\/h2>\n<div>\n<p>The Libya Africa Investment Portfolio (LAIP) maintains a steadfast commitment to corporate governance principles, which form the foundation of sound institutional development. We operate according to recognised international standards to ensure transparency and full compliance with all applicable legislation, laws, and regulations.<\/p>\n<\/div>\n<\/div>\n<div>\n<h3>Our Leadership<\/h3>\n<div>\n<p>LAIP&#8217;s leadership is dedicated to implementing best practices and adopting systematic approaches in developing our vision and strategies. We establish clear objectives that create efficient, stable, and adaptable work systems aligned with global standards.<\/p>\n<\/div>\n<\/div>\n<ul>\n<li>\n<h3>General Assembly<\/h3>\n<div>\n<p>The Libyan Investment Authority, as the sole owner of the Libya Africa Investment Portfolio, exercises its authority through the General Assembly. This body appoints LAIP&#8217;s Board of Directors and Executive Management, which are responsible for implementing investment policies aligned with the organisation&#8217;s strategic vision<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Board of Directors<\/h3>\n<div>\n<p>The Board formulates general policies, develops investment strategies, and provides oversight of Executive Management activities. This supervision occurs through regular meetings where operational parameters are defined and solutions to emerging challenges are developed<\/p>\n<\/div>\n<\/li>\n<\/ul>\n<p><!--more--><br \/>\n<!-- {\"type\":\"layout\",\"children\":[{\"type\":\"section\",\"props\":{\"class\":\"uk-position-relative page-title \",\"css\":\".el-section{\\n    z-index:9999;\\n} \",\"image_position\":\"top-center\",\"image_size\":\"cover\",\"media_overlay\":\"rgba(0, 45, 111, 0.32)\",\"padding\":\"none\",\"padding_remove_bottom\":false,\"padding_remove_top\":false,\"style\":\"default\",\"text_color\":\"light\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"middle\",\"width\":\"\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\"},\"children\":[{\"type\":\"slideshow\",\"props\":{\"class\":\"page-title\",\"css\":\".el-item{\\n        height: 700px;\\n}\",\"image_loading\":false,\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"nav\":\"\",\"nav_align\":\"center\",\"nav_breakpoint\":\"s\",\"nav_position\":\"bottom-center\",\"nav_position_margin\":\"medium\",\"overlay_animation\":\"parallax\",\"overlay_position\":\"center\",\"show_content\":true,\"show_link\":true,\"show_meta\":true,\"show_thumbnail\":true,\"show_title\":true,\"slidenav\":\"default\",\"slidenav_breakpoint\":\"s\",\"slidenav_margin\":\"medium\",\"slidenav_outside_breakpoint\":\"xl\",\"slideshow_autoplay\":true,\"slideshow_autoplay_interval\":\"3\",\"slideshow_autoplay_pause\":true,\"slideshow_max_height\":\"715\",\"slideshow_min_height\":\"500\",\"text_align\":\"center\",\"thumbnav_height\":\"75\",\"thumbnav_svg_color\":\"emphasis\",\"thumbnav_width\":\"100\",\"title_element\":\"h1\",\"title_style\":\"heading-small\"},\"children\":[{\"type\":\"slideshow_item\",\"props\":{\"image\":\"wp-content\\\/uploads\\\/2022\\\/12\\\/governance-page-title.jpg\",\"media_overlay\":\"rgba(0, 45, 111, 0.32)\",\"text_color\":\"light\",\"title\":\"Good governance <br\\\/>is the path to development <br\\\/>and better performance\"}}]},{\"type\":\"breadcrumbs\",\"props\":{\"class\":\"uk-light  breadcrumbs\",\"margin_remove_bottom\":false,\"position\":\"relative\",\"position_top\":\"-520\",\"show_current\":true,\"show_home\":true,\"text_align\":\"center\"}}]}]}],\"name\":\"\\u0639\\u0646\\u0648\\u0627\\u0646 \\u0627\\u0644\\u0635\\u0641\\u062d\\u0629\"},{\"type\":\"section\",\"props\":{\"class\":\"uk-position-relative pages-first-section\",\"image\":\"wp-content\\\/uploads\\\/2022\\\/11\\\/patren-bg3.svg\",\"image_position\":\"center-right\",\"image_size\":\"contain\",\"media_visibility\":\"l\",\"padding_remove_bottom\":true,\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"middle\",\"width\":\"large\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"top-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"style\":\"tile-default\"},\"children\":[{\"type\":\"panel\",\"props\":{\"class\":\"uk-position-relative uk-position-z-index title-dark-line\",\"content\":\"\n\n<p>The Libya Africa Investment Portfolio (LAIP) maintains a steadfast commitment to corporate governance principles, which form the foundation of sound institutional development. 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