COLOMBO, Sept 16 (NNN-AGENCIES) – The 16th Governor of the Central Bank of Sri Lanka (CBSL), Ajith Nivard Cabraal, has assumed office.
Cabraal, who previously served as State Minister of Money and Capital Markets and State Enterprise Reform, was appointed Governor of the CBSL by President Gotabaya Rajapaksa, according to the country’s Monetary Law Act.
In an initial statement yesterday, Cabraal assured the public that, he would steer the economy towards stability.
“The Central Bank’s first and urgent priority under my watch, will be to provide clarity, with regard to the movement of Sri Lanka’s macroeconomic fundamentals in the desired path, and thereby ensure stability in the financial sector,” Cabraal said.
He said that, the CBSL would soon announce a short-term road map, to be followed by all stakeholders.
Cabraal will also function as Chairman of the Monetary Board of the CBSL. He previously served as the 12th Governor of the CBSL from July, 2006 to Jan, 2015.
Outgoing CBSL Governor, W.D. Lakshman, announced his resignation on Sept 10.– NNN-AGENCIES
