Business Times

Heads roll, Harry J at CPC

Heads rolled while others were shibted to new positions when the government this week approved appointments to the boards of government agencies with the biggest development being the re-entry of controversial businessman Harry Jayawardene.

Harry Jayawardene Jayampathi
Bandaranayake
Indrani Sugathadasa

Mr Jayawardene, who fell out of favour with the current administration, was appointed chairman of the Ceylon Petroleum Corporation. The Board of Investment (BOI) saw a new face, Jayampathi Bandaranayake as Chairman/Director General while its former head, businessman Dhammika Perera has not been assigned to any other agency.

Nishantha Wickremasinghe continues as SriLankan Airlines and Leisha de Silva Chandrasena moved to the National Dangerous Drugs Control Board while her place at Sri Lanka Telecom is to be filled by Upali Newspapers Executive Director Nimal Welgama, who however says he is yet to receive the appointment.

Public official Indrani Sugathadasa was appointed chairperson of both the Securities and Exchange Commission and Insurance Board of Sri Lanka, posts held by Udaya Sri Kariyawasam who has not been assigned a new post so far.

Bank of Ceylon’s Gamini Wickremasinghe and People’s Bank – W. Karunajeeva retained their positions while the National Savings Bank saw the entry of Presidential Secretariat senior official Gamini Senerath (in addition to his current duties) and at the State Mortgage and Investment Bank it was Jagath Wellawatte.

Upali Liyanage was appointed chairman of the Lankaputhra Bank. Merchant Bank of Ceylon Chairman Janaka Ratnayake, who has courted attention with controversial decisions, was shibted to the Export Development Board and replaced by veteran trade union official M.R. Shah.

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