Layas has a long history of involvement in Libyan politics, serving as a foreign diplomat for Libya before the 1969 Al-Fatah Revolution which brought Muammar Gaddafi into power. Currently, Mr. Layas is a member of the Libyan governments General People's Committee (GPCO) for Finance.[1]
Banking
Layas has served as chairman and General Manager of the Libyan Arab Foreign Bank, the only bank authorized to conduct international banking transactions during sanctions. Additionally, he has been deputy chairman for the British Arab Commercial Bank (BACB) in London, UK until 2004, and the Banque Inter Continentale Arabe, in Paris, France. He was also Director of the Arab International Bank in Cairo, Egypt – in addition to membership on the boards of several other banks and investment companies.