Ceylon Chamber hails Coomaraswamy’s appointment as new Central Bank Governor

4 July 2016 08:39 am Views - 2552

Dr. Indrajit Coomaraswamy met President Maithripala Sirisena on Saturday following the announcement of him being appointed as the Central Bank Governor with effect from today for a six-year term

 

 

The Ceylon Chamber of Commerce (CCC) yesterday welcomed the appointment of Dr. Indrajit Coomaraswamy as the Governor of the Central Bank of Sri Lanka and extended to him its best wishes as he commences a six-year term. “Dr. Coomaraswamy, a much-respected economist with a stellar track record both in Sri Lanka and overseas, is eminently qualified for this position. He brings to this position a unique mix of skills and perspectives given his previous positions in the Central Bank, Finance Ministry, Commonwealth Secretariat and on the boards of leading corporate entities as well as civil society organisations,” the CCC said in a statement.

The Ceylon Chamber too has benefited from Dr. Coomaraswamy’s expert insights as he served on the Chamber Committee from July 2013 to August 2015 and was a speaker at several editions of the CCC’s Sri Lanka Economic Summit.


“Dr. Coomaraswamy’s integrity, international experience and formidable intellect are invaluable at a time when Sri Lanka seeks to expand its global footprint and is exposed to international capital markets more than ever before,” the CCC said.


Coomaraswamy is known for his ability to communicate complex economic issues to non-expert audiences, distil the effects of international economic events to their relevance for Sri Lanka and provide an informed perspective of the opportunities and challenges emerging for the Sri Lankan economy.


“His appointment will help restore public confidence in the country’s monetary authority and the Ceylon Chamber looks forward to extending its fullest support to the new governor during his six-year term,” the CCC noted.


The trade chamber also urged all stakeholders to support the new governor in his endeavour to guide the country’s economy towards stability and prosperity.