The Governor of the Central Bank of Sri Lanka (CBSL) functions as the chief executive of the Sri Lankan central bank. The post is the ex-officio chairperson of the Monetary Board of Central Bank of Sri Lanka. Since its establishment in 1950, the CBSL has been headed by sixteen governors. The governor has two deputies and several assistant governors. The inaugural officeholder was the American John Exter who served the Government of Sri Lanka in helping found the central bank. The position is currently held by Nandalal Weerasinghe who was appointed to the office on 8 April 2022.[1]
Governor of Central Bank of Sri Lanka | |
---|---|
since 7 April 2022 | |
Member of | Monetary Board of Central Bank of Sri Lanka |
Residence | Bank House, Colombo |
Appointer | President of Sri Lanka |
Term length | 6 Years |
Formation | 28 August 1950 |
First holder | John Exter |
Website | Governors of the Central Bank of Sri Lanka |
Privileges
editThe term of office lasts for six years and includes several privileges in form of allowances. This includes use of the Bank House as the official residence, transport and security provided by the CBSL. The governor is entitled to a pension. In the order of precedence, the governor is equivalent to a cabinet minister.[2]
List of governors of the Central Bank
edit# | Governor | Took office | Left office | Appointed by |
---|---|---|---|---|
1 | John Exter | 28 August 1950 | 30 June 1953 | D. S. Senanayake |
2 | N. U. Jayawardena | 1 July 1953 | 13 October 1954 | Dudley Senanayake |
3 | Arthur Ranasinghe | 14 October 1954 | 30 June 1959 | John Kotelawala |
4 | Don William Rajapatirana | 1 July 1959 | 30 August 1967 | S. W. R. D. Bandaranaike |
5 | William Tennekoon | 31 August 1967 | 31 May 1971 | Dudley Senanayake |
6 | Herbert Tennekoon | 1 July 1971 | 22 January 1979 | Sirimavo Bandaranaike |
7 | Warnasena Rasaputra | 15 February 1979 | 18 November 1988 | J. R. Jayewardene |
8 | Neville Karunatilake | 19 November 1988 | 30 June 1992 | |
9 | Heen Banda Dissanayaka | 1 July 1992 | 14 November 1995 | Ranasinghe Premadasa |
10 | Amarananda Jayawardena | 15 November 1995 | 30 June 2004 | Chandrika Kumaratunga |
11 | Sunil Mendis | 1 July 2004 | 30 June 2006 | |
12 | Ajith Nivard Cabraal | 1 July 2006 | 9 January 2015 | Mahinda Rajapaksa |
13 | Arjuna Mahendran | 26 January 2015 | 30 June 2016 | Maithripala Sirisena |
14 | Indrajit Coomaraswamy | 2 July 2016 | 20 December 2019 | |
15 | W. D. Lakshman | 24 December 2019 | 14 September 2021 | Gotabaya Rajapaksa |
16 | Ajith Nivard Cabraal | 15 September 2021 | 4 April 2022 | |
17 | Nandalal Weerasinghe | 8 April 2022 | present |
References
edit- ^ "Nandalal Weerasinghe appointed new CBSL Governor and Mahinda Siriwardana Finance Ministry Secretary - Business News | Daily Mirror". www.dailymirror.lk. Retrieved 8 April 2022.
- ^ "Archived copy" (PDF). Archived from the original (PDF) on 28 October 2021. Retrieved 2 November 2021.
{{cite web}}
: CS1 maint: archived copy as title (link)
External links
edit- Governors of the Central Bank of Sri Lanka Archived 7 July 2016 at the Wayback Machine