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March 31, 2015 8:37 PM ET

Banks

Company Overview of Central Bank of Sri Lanka

Company Overview

Central Bank of Sri Lanka (CBSL) is a government institution that is primarily responsible for price and financial system stability in Sri Lanka. The bank regulates the issue of bank notes, offers advice on economic affairs to the government, and is the banker to the Government of Sri Lanka. Central Bank of Sri Lanka is also responsible for management of the Employees Provident Fund; management of the public debt of Sri Lanka; administration of the provisions of the Exchange Control Act; and administration of foreign and government funded credit schemes for regional development. The bank was formerly known as Central Bank of Ceylon. Central Bank of Sri Lanka was founded in 1950 and is based ...

30 Janadhipathi Mawatha

Colombo,  01

Sri Lanka

Founded in 1950

1,548 Employees

Phone:

94 11 247 7000

Fax:

94 11 247 7730

Key Executives for Central Bank of Sri Lanka

Chairman of The Monetary Board, Chief Executive Officer and Governor
Deputy Governor and Member of High Level Risk Management Committee
Deputy Governor and Member of High Level Risk Management Committee
Additional Chief Accountant of Finance Department
Chief Accountant of Finance Department
Compensation as of Fiscal Year 2014.

Central Bank of Sri Lanka Key Developments

Central Bank Announces Executive Changes

Central Bank announced that President Maithripala Sirisena on the recommendation of Prime Minister Ranil Wickremasinghe has appointed economist and investment expert Arjuna Mahendran as the new Governor of Central Bank. Mr. Mahendran received the appointment letter from the President Friday at the Presidential Secretariat. r. Mahendran, who has nearly 30 years of extensive experience in the financial services industry across Asia in both private companies and public sector organizations. He has held senior positions with the Central Bank and Ministry of Finance of Sri Lanka as well as the World Bank. Most recently Mr. Mahendran served as Chief Investment Officer of the Wealth Management Division at Emirates NBD Bank. Mahendran was the head of the Board of Investment (BoI) under the previous administration headed by Ranil Wickramasinghe and has been with international lenders including Credit Suisse, and HSBC. With the election of the new President of Sri Lanka, the former Governor of Central Bank Ajith Nivard Cabraal, who was appointed by the former president Mahinda Rajapaksa, resigned from the post with immediate effect.

Central Bank of Sri Lanka Announces Executive Changes

Central Bank of Sri Lanka reported that Ajith Nivard Cabraal resigned with immediate effect so that the new President Maithripala Sirisena could appoint a new Governor.

Central Bank of Sri Lanka expected to report Fiscal Year 2014 results on March 31, 2015. This event was calculated by Capital IQ (Created on October 15, 2014).

Central Bank of Sri Lanka expected to report Fiscal Year 2014 results on March 31, 2015. This event was calculated by Capital IQ (Created on October 15, 2014).

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To contact Central Bank of Sri Lanka, please visit www.cbsl.gov.lk. Company data is provided by Capital IQ. Please use this form to report any data issues.

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