Abdulmagid Breish
| AbdulMagid Breish | |
|---|---|
| Born |
11 October 1951 Libya |
| Residence | United Kingdom |
| Nationality | Libyan |
| Education | American University of Beirut |
AbdulMagid AbdulSalam Breish (born October 11, 1951) is a prominent Libyan international investment banker.
Breish holds a Bachelor of Arts in Political Sciences from the American University of Beirut, graduating in 1975. In 1977 he gained a Diploma in Financial Analysis and Policy Diploma, from the International Monetary Fund in Washington DC.
Breish speaks fluent Arabic, English and Italian.
Breish has over 40 years of experience working in the banking and finance sector.
Breish started his career in banking in 1975 when he joined the Libyan Arab Foreign Bank in Tripoli, Libya. In 1980 he moved to the Arab Banking Corporation (ABC) and served as Head of Business Development until 1985 before transferring to Tokyo as Chief Representative.
In 1988 Breish took over as Managing Director of ABC Investment & Services Co. (E.C.) the ABC Group’s Investment Bank in Bahrain. In 1991 he assumed the position of General Manager of ABC International Bank plc, and was appointed that bank's Chief Executive Officer in 1993. In November 2002, Breish assumed the position of Deputy Chief Executive and Chief Banking Officer of the ABC Group.
Breish held the following directorships during his banking career: Chairman of ABC Islamic Bank in Bahrain; Chairman of ABC Securities; Chairman of the Audit Committee, and Board member of the Bahrain Stock Exchange ; Chairman at ABC Daus Germany; Director at Banque Internationale de Monaco; Director at Sun Hung Kai Bank in Hong Kong; Director at United Bank of Bangkok Thailand; and held the Chairmanship of the Foreign Banks and Securities Houses Association (FBSA) in London.
Breish was appointed Chairman of the Libyan Investment Authority (LIA) on 1 June 2013 by the LIA’s Board of Trustees. On 17 June 2013, he was appointed CEO by the LIA’s Board of Directors.
Breish faced a leadership challenge by the now resigned Chairman of the LIA Hassan Bouhadi and judge ruled in favor of the GNA as being the legitimate government.
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