The Central Bank’s Monetary Board this week appointed four new Assistant Governors to the top banking regulator – D. Wasantha, C. P. A. Karunathilake and H. A. Karunaratne. In addition, S.R. Attygalle who is presently functioning as the Deputy Secretary to the Treasury has also been appointed as an Assistant Governor. These promotions have been [...]

The Sundaytimes Sri Lanka

Central Bank appoints four new Assistant Governors

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The Central Bank’s Monetary Board this week appointed four new Assistant Governors to the top banking regulator – D. Wasantha, C. P. A. Karunathilake and H. A. Karunaratne.

In addition, S.R. Attygalle who is presently functioning as the Deputy Secretary to the Treasury has also been appointed as an Assistant Governor. These promotions have been made in accordance with the succession plan of the Central Bank (CB) to address the emerging challenges of the economy, the CB said in a media release.

Mr. Wasantha has over 30 years of experience in the CB especially in the areas of Statistics, Exchange Control, Corporate Services and management of Employees’ Provident Fund. Immediately prior to this appointment, he functioned as the Secretary of the CB. As the Assistant Governor, he will oversee the Statistics, Financial Stability Studies and Secretariat Departments of the CB.

Mr. Karunathilake has served over a period of 28 years at the CB has experience in the areas of Statistics, Currency Management and Training and Development. Immediately prior to this appointment, he functioned as the Director of Centre for Banking Studies of the CB. As the Assistant Governor, Mr. Karunathilake will oversee the Centre for Banking Studies of the CBSL and the Employees’ Provident Fund.

Mr.Karunaratne has served the bank for over 28 years, and has experience mainly in the areas of Banking, Public Debt Management, Monetary Policy Operations, Financial Intelligence and Foreign Reserves Management.

Earlier he functioned as the Director of the International Operations Department of the CB. As the Assistant Governor, Mr. Karunaratne will oversee the International Operations, Exchange Control and Finance Departments.

Mr. Attygalle, who has been seconded to the Ministry of Finance and Planning since 2003, currently serves as a Deputy Secretary to the Treasury. He has over 23 years of experience in the areas of Monetary and Fiscal Policy.

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