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Sri Lanka’s Central Bank appoints a new Deputy Governor

Sri Lanka’s Central Bank appoints a new Deputy Governor

COLOMBO: The Monetary Board of Sri Lanka’s Central Bank, with the concurrence of the Minister of Finance, has promoted Assistant Governor C J P Siriwardana to the post of Deputy Governor of the Central Bank, with effect from 19th August. C J P Siriwardana has over 31 years of experience in the Central Bank especially in the areas of Economic and Price Stability, Financial System Stability and other Agency Functions carried out by the Central Bank. Prior to the appointment as a Deputy Governor, Mr. Siriwardana held the position of the Assistant Governor in-charge of Public Debt, Information Technology, Legal and Compliance, Macroprudential Surveillance, Human Resources, Policy Review and Monitoring, Payments and Settlement and Risk Management Departments.

Siriwardana holds an M.Sc degree and a Postgraduate Diploma in Quantitative Development Economics from the University of Warwick, UK and a B.Sc degree in Agriculture from the University of Ruhuna. He has served as the Secretary to the Monetary Board of the Central Bank of Sri Lanka and, currently serves as a Director of LankaClear (Pvt) Ltd. and Colombo Dockyard PLC. He has also served as a Director of Ceylon Electricity Board, Provident Property Lanka Ltd., and Kandurata Development Bank; and an Observer of the Board of Directors of the Board of Investments (BOI). Mr. Siriwardana has participated in various national and international fora representing the Government and CBSL. Mr. Siriwardana has also participated in a number of international training programs in the areas of Risk Management, Debt Management, Investment Management, Financial Stability, Monetary Policy, Leadership and Rural Development during his long career in the Central Bank. Mr. Siriwardana has made special contributions and innovations for the improvement of standards, especially in the fields of debt management and investments. Being a member of the Monetary Policy Committee (MPC), Financial System Stability Committee (FSSC), Inter Regulatory Institutions Committee (IRIC) and Non-Financial Risk Management Committee (NFRMC), Mr. Siriwardana has made a significant contribution towards achieving core objectives of the CBSL. Mr. Siriwardana has authored many articles in reputed international and local journals in the fields of Public Finance, Debt Management and Bond Market Development. He is also a regular speaker at various forums in different capacities and was a faculty member of the South East Asian Central Banks (SEACEN) Research and Training Centre, Malaysia.