AbdulMagid Breish

Breish had supported the establishment of a Presidency Council (PC) and Government of National Accord (GNA) since 3 April 2016. In a statement Breish welcomed the PC and the GNA, stating that "the LIA... reaffirms its readiness fully cooperate with the Government of National Accord in providing all relevant data, report and support" but then changed position when on 16 August 2016 the Presidency Council of the internationally backed Government of National Accord did not include Breish in the newly appointed steering committee to run the LIA. Breish in a later interview claimed that he has contested the appointment and that the decision is illegal

In June 2014, Breish was removed as chairman by the integrity committee, which sought to replace former Gaddafi aids. The LIA's Board of Trustees appointed Mr. AbdulRahman Benyezza. Breish was then reinstated on 18 May, following a decision of the Libyan Court Of Appeal on 13 April 2015.

In early 2014, Breish initiated legal proceedings on behalf of the LIA against Goldman Sachs and Société Générale S.A to recover billions of dollars lost through improper transactions done in their dealings with the LIA during the Gaddafi regime. The LIA appointed the English law firm Enyo Law to pursue the litigations. The Enyo Law Firm was forced to step aside in April 2015 but was re-instated in July 2015 when the English High Court approved the LIA’s application to appoint BDO LLP (UK) as interim receivers and Enyo Law were reappointed as solicitors in the litigations.

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 has consistently called for the UN to maintain its freeze over the majority of the LIA's assets. Under UN Security Council Resolution 1970 of 26 February 2011 approximately 85% of the LIA's assets remain frozen to safeguard them against potential misappropriation and corruption. These sanctions were originally requested by the National Transitional Council shortly after the fall of the Gaddafi regime to protect such assets from theft.

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 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 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.

AbdulMagid AbdulSalam Breish (born October 11, 1951) is a prominent Libyan international investment banker.