By Ravi Ladduwahetty
Ceylon Finance Today: In a new strategic move, the Central Bank of Sri Lanka has incorporated a new division named as the Risk Management Division which would manage the risk of investments into the Employees' Provident Fund and Foreign Reserves which would be placed direct under Governor Arjuna Mahendran.
Sources also said that there have been sweeping changes under the new hierarchy.
The Monetary Board of the Central Bank has also appointed P. Samansiri as Senior Deputy Governor, which would also mean that he would be the Acting Central Bank Governor during Governor Arjuna Mahendran's absence. That was also the case in the absence of Governor Mahendran during the latter's recent visit to New York and Washington.
Samansiri has also been given the Banking and Finance Division, which was earlier handled by Deputy Governor Ananda Silva. He would also be in charge of Treasury Bills and Bonds and be Chairman of the Committee on financial stability, national payments and a host of others as well.
He would also oversee the Banking Supervision Department, the Non Banking Financial Institutions , Public Debt, Exchange Control, Payments and Settlements and the financial intelligence unit as well.
The functions of the other Deputy Governors and the Assistant Governors have also been changed. Dr. Nandalal Weerasinghe will continue as Deputy Governor, as a Policy Adviser on Economic Policy while also chairing the committees on Economic Policy and Foreign Reserves.
He would also be heading the Economic Research Division, the Regional Division, Centre for Banking Studies, Information Technology, security services and employee services.
The other Assistant Governors are: J.P. Mampitiya, Dr. W.M. Hemachandra, C.J.P. Siriwardena, R. Dheerasinghe, S.S. Ratnayake, D. Wasantha, C.P.A. Karunatilleke and H.A. Karunaratne.
www.ceylontoday.lk
Ceylon Finance Today: In a new strategic move, the Central Bank of Sri Lanka has incorporated a new division named as the Risk Management Division which would manage the risk of investments into the Employees' Provident Fund and Foreign Reserves which would be placed direct under Governor Arjuna Mahendran.
Sources also said that there have been sweeping changes under the new hierarchy.
The Monetary Board of the Central Bank has also appointed P. Samansiri as Senior Deputy Governor, which would also mean that he would be the Acting Central Bank Governor during Governor Arjuna Mahendran's absence. That was also the case in the absence of Governor Mahendran during the latter's recent visit to New York and Washington.
Samansiri has also been given the Banking and Finance Division, which was earlier handled by Deputy Governor Ananda Silva. He would also be in charge of Treasury Bills and Bonds and be Chairman of the Committee on financial stability, national payments and a host of others as well.
He would also oversee the Banking Supervision Department, the Non Banking Financial Institutions , Public Debt, Exchange Control, Payments and Settlements and the financial intelligence unit as well.
The functions of the other Deputy Governors and the Assistant Governors have also been changed. Dr. Nandalal Weerasinghe will continue as Deputy Governor, as a Policy Adviser on Economic Policy while also chairing the committees on Economic Policy and Foreign Reserves.
He would also be heading the Economic Research Division, the Regional Division, Centre for Banking Studies, Information Technology, security services and employee services.
The other Assistant Governors are: J.P. Mampitiya, Dr. W.M. Hemachandra, C.J.P. Siriwardena, R. Dheerasinghe, S.S. Ratnayake, D. Wasantha, C.P.A. Karunatilleke and H.A. Karunaratne.
www.ceylontoday.lk
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