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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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Date announced for Grade 05 scholarship exam

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The 2023 Grade 05 scholarship exam will be held on 15 October, the Department of Examinations says.

Accordingly, the exam will be held at 2,888 centres across the country, Commissioner General of Examinations – H. J. M. Amith Jayasundara said.

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Nadeesha wins Silver at Asian Games

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Nadeesha Dilhani Lekamge has won the silver medal in the women’s javelin throw event at the 2023 Asian Games currently being held in Hangzhou, China.

She won the silver with an impressive throw of 61.57m which is also her personal best.

India’s Annu Rani won the gold medal in the event while China’s Lyu Huihui won the bronze medal.

This is the first athletics medal for Sri Lanka at the Asian Games in 17 years and only the second medal for the island nation so far this year.

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Fish processing unit at Oluwil to be leased

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The cabinet has previously given approval to reactivate the unused fish processing plant in the Oluwil fishing port premises and provide facilities to the TES (Private) Company Limited to run fish processing activities.  

Accordingly, the Cabinet of Ministers approved the proposal presented by the Minister of Fisheries to lease the fish processing unit located in the Oluwil Ports Complex to TES (Private)  Company Limited for a period of 10 years subject to the relevant rent being charged monthly, as recommended by the Cabinet Appointed Negotiation Committee.

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