Governor of the Central Bank of Sri Lanka

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Governor of Central Bank of
Sri Lanka
since 7 April 2022
Member ofMonetary Board of Central Bank of Sri Lanka
ResidenceBank House, Colombo
AppointerPresident of Sri Lanka
Term length6 Years
Formation28 August 1950; 74 years ago (1950-08-28)
First holderJohn Exter
WebsiteGovernors of the Central Bank of Sri Lanka

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 following the resignation of Ajith Nivard Cabraal.[1]

Privileges

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The 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

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# 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

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  1. ^ "Nandalal Weerasinghe appointed new CBSL Governor and Mahinda Siriwardana Finance Ministry Secretary - Business News | Daily Mirror". www.dailymirror.lk. Retrieved 8 April 2022.
  2. ^ "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)
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