News

CBSL appoints two New Dy. Governors

Published

1 year ago

June 23, 2024

editor

The Central Bank of Sri Lanka (CBSL) has appointed two new Deputy Governors, effective this week.

Assistant Governor and Secretary to the Governing Board A.A.M. Thassim has been appointed as Deputy Governor starting June 20, while Assistant Governor J.P.R. Karunaratne will assume his new role on June 24.

These appointments were made by the Minister of Finance, following recommendations from the CBSL Governing Board, in accordance with the Central Bank of Sri Lanka Act, No. 16 of 2023.

Mr. Thassim brings over 31 years of experience at CBSL, having worked in various areas including Banking Supervision and Regulation, International Operations, and Risk Management. He has also been part of several high-level committees on monetary policy and financial stability.

Mr. Karunaratne, with over 33 years at CBSL, has extensive experience in the supervision and regulation of financial institutions, currency management, and public debt. He has significantly contributed to strengthening the legal framework and consolidation of the Non-Bank Financial Institutions sector.

BIZ

CAA warns of improperly labeled salt products

Published

51 minutes ago

June 30, 2025

editor

The Consumer Affairs Authority (CAA) has warned to prosecute importers and retailers selling salt without proper labels, including missing manufacturer/importer info and retail price.

The public is advised not to buy such products, while distributors have urged to maintain valid invoices with supplier details or face legal consequences.

News

New Police Media Spokesman named

Published

1 hour ago

June 30, 2025

editor

The Police Media Division has announced that Assistant Superintendent of Police (ASP) F.U. Wootler has been named as the new Police Spokesperson, effective immediately.

ASP Wootler takes over the role from Senior Superintendent of Police (SSP) Buddhika Manatunga, who has been transferred to serve as the Officer-in-Charge of the Polonnaruwa Division.

News

Indictments served against ex-minister Lakshman Yapa

Published

1 hour ago

June 30, 2025

editor

Former Minister Lakshman Yapa Abeywardena and former Director General of the Board of Investment (BOI) of Sri Lanka – Jayantha Edirisinghe, were served indictments today (June 30) before the Colombo High Court.

The indictments, filed by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC), allege that the two individuals caused a loss of over Rs. 1.7 million to the government.

The alleged offence relates to the use of BOI funds for newspaper advertisements published for the second anniversary of the inauguration of then President Mahinda Rajapaksa in 2014.

The indictments were formally presented to the accused before Colombo High Court Judge Pradeep Abeyratne.

Following the submission of indictments, the defendants were granted bail.