Muhammad Ali Al-Huwayj (Arabic: محمد علي الحويج) is a Libyan politician who served as Secretary of Finance of the General People's Committee of Libya from 2004 to 2006 and from 2007 to 2009.
[3] Since sanctions against Libya were eased in April 2004, Al-Huwayj has attempted to attract foreign investors and accelerate a domestic privatization campaign.
For example, in 2005 Al-Huwayj argued, "with a GDP of USD $21 billion and a relatively small population of 5.8 million people, Libya is a wealthy country.
Other board member include Planning Secretary Taher al-Juhaymi and Farhat Bengdara, who is governor for the Central Bank of Libya.
LIC's President and Chief Executive Officer is Muhammad Layas who previously chaired the Libyan Arab Foreign Bank (LAFB).