Thilak Karunaratne will be re-appointed as Chairman of the Securities and Exchanges Commission of Sri Lanka, Minister Rajitha Senaratne told Ada Derana.
Tilak Karunaratne is a former Sri Lanka Freedom Party (SLFP) member who joined the United National Party (UNP) before joining the Sihala Urumaya. He is also a Chartered Chemist and was the Managing Director of Multiform Chemicals (Pvt) Ltd.
Earlier, Karunaratne submitted his resignation, on 17 August 2012, saying he had come under pressure from stock market players under investigation for stock manipulation.
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