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Central Bank Governor to retire on Tuesday

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Prof W.D. Lakshman has stated that he will retire from his post as the Governor of the Central Bank of Sri Lanka (CBSL) on Tuesday (14).

He is the 15th Governor of the Central Bank of Sri Lanka.

Prof. Lakshman has been a prolific researcher. He has authored numerous research papers on a wide range of topics including Political economy, Economic Development of South Asia, Japanese Investments in South Asia and Socio Economic Impact of Structural Adjustment Policies in Sri Lanka.

He has also served as a Member, Presidential Commission on Finance and Banking, 1990, the Senior Economic Advisor to Ministry of Finance and Planning (2008-09), Member, National Economic Council (2008-10),Chairman, Presidential Commission on Taxation (2009-10).Chairman, Institute of Policy Studies (2010-15),Vice Chancellor, Sanasa University Institute, Kegalle (2014-19) and the Chairman, Committee of Experts appointed by the President to examine the Sri Lanka – Singapore Free Trade Agreement in 2018.

This decision comes in the backdrop of speculations which suggest that State Minister of Money and Capital Market and State Enterprise Reforms Ajith Nivard Cabraal will take over as the new CBSL Governor.

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