Mahendran not to seek re-appointment as CB Governor

24 June 2016 01:07 pm Views - 6872

Central Bank Governor Arjuna Mahendran today informed the Monetary Board that he would not be seeking re-appointment as Governor of the Central Bank when his term finishes on June 30.

He had said at the Monetary Board meeting today that he would not seek re-appointment until the Parliamentary Committee on Public Enterprises releases its final decision on issues related to the issuance of Treasury Bonds in the years 2015 and 2016, Central Bank said in a statement.