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CBSL appoints new deputy governor

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The Monetary Board of the Central Bank of Sri Lanka (CBSL), with the concurrence of the Minister of Finance, has promoted K.M.A.N. Daulagala, Assistant Governor and the Secretary to the Monetary Board, to the post of Deputy Governor, with effect from October 07.

Mrs. Daulagala has over 31 years of service at the Central Bank in different capacities in the areas of supervision and regulation of non-bank financial institutions, macroprudential surveillance, finance, international operations, risk management, regional development, human resource management and training and development.

She has served as the Chief Accountant and Director of Supervision of Non-Bank Financial Institutions and Financial System Stability and has contributed towards strengthening the legal framework and governance in the non-bank financial institutions sector.

Prior to the appointment as a Deputy Governor, Mrs. Daulagala held the position of Assistant Governor and was in-charge of the Macroprudential Surveillance Department and the Centre for Banking Studies and served as the Secretary to the Monetary Board.

She also served as Secretary to the Board Risk Oversight Committee, Monetary Board Advisory Audit Committee and the Ethics Committee.

Further, she was on release to the Ministry of Finance and Planning where she served as the Director General of the Department of Public Enterprises. While holding the position at the Ministry, she served as an Ex-Officio Director of the Bank of Ceylon representing the Treasury and as a member of the Employee’s Trust Fund Board.

At present, Mrs. Daulagala serves as the Chairperson of the Sri Lanka Accounting and Auditing Standards Monitoring Board.

Mrs. Daulagala holds a Master of Science Degree in Financial and Business Economics from the University of Essex, United Kingdom, and a Master of Business Administration Degree from the University of Sri Jayewardenepura. She is a Fellow member of Chartered Institute of Management Accountants, United Kingdom.

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Over 10,000 local & foreign election observers monitoring Gen. Election

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Over 10,000 local and foreign election observers will be taking part in monitoring the 2024 Parliamentary election.

43 foreign election observers are in Sri Lanka for this purpose.

Among them are 3 election observers of the European Union and 30 from the Asian Network for Free Elections (ANFREL).

10 election observers from neighbouring countries are also in Sri Lanka.

About 10,000 local election observers representing 10 organizations will be taking part in the monitoring process of the 2024 Parliamentary election.

Meanwhile People’s Action for Free and Fair Elections (PAFFREL) has deployed 5,000 election observers.

8 organizations have been granted permission for mobile surveillance operations.

The National Election Commission also says that a special security arrangement is in place to ensure the safety of all election observers.

(News1st)

(Except for the headline, this story, originally published by News1st has not been edited by SLM staff)

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Israel NSC eases travel warning for SL

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The National Security Council of Israel has removed the severe travel warning for Sri Lanka, after last month calling on Israelis to leave the Arugam Bay area and other beaches in the island’s south and west immediately, citing terrorism threats.

The NSC says the threat level is being updated from level 4 (high) in the southwest of the country and level 3 (moderate) in the rest of Sri Lanka, to level 2 (an occasional threat) for the entire country.

The NSC says Israeli travelers should alert local security forces if there are any hostilities toward Jews or Israelis, and cautions against wearing Jewish or Israeli symbols.

Last month, the NSC called on Israelis to leave Sri Lanka’s south and west, and said Israelis should postpone travel to the rest of the country. They also urged nationals to hide signs that indicate they are Israelis and avoid gathering in large numbers.

Three people were later arrested over terror threats against Israelis.

(Excerpts : timesofisrael.com)

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33 train journeys cancelled today

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Sri Lanka Railways says that 33 train journeys will be cancelled today (Nov. 14).

10 of these journeys were scheduled to commence during the morning hours with the remaining 23 journeys scheduled for the evening.

Accordingly, 13 train services on the main line, 08 train services on the coastal line and 06 trains each on the Puttalam and Kelani Valley lines will be cancelled.
The cancellations are due to the absence of drivers and their assistants.

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