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June 03, 2015 10:59 AM ET


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


94 11 247 7000


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

R.A. Jayatissa Names as Member of Central Bank of Sri Lanka's Monetary Board

Economist R.A. Jayatissa has been appointed as a member of Central Bank of Sri Lanka's Monetary Board with effect from April 10, 2015 by President Maithripala Sirisena. Jayatissa has served as a board member in several institutions, including People's Bank, Sri Lanka Ports Authority, Sri Lanka Insurance Corporation, National Development Bank and was also a member of the National Economic Council. He also served as the Alternate Executive Director in the International Monetary Fund, Washington DC for 4 years and subsequently held the positions of Deputy Secretary to the Treasury, Ministry of Finance and Planning, Senior Consultant - Academy of Financial Studies, Ministry of Finance and Planning and Chairman of Sri Lanka Insurance Corporation.

The central bank of Sri Lanka Opens Regional Office

The central bank of Sri Lanka has announced that it has opened a regional office. The bank opened an office at Kilinochchi. Operations will start from May 6, 2015.

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.

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