Central Bank clarifies staff transfers

12 October 2015 04:24 am Views - 1182

The staff transfers within the Central Bank (CBSL) are routine mid-year transfers, despite media reports to the contrary, a CBSL statement said. “The CBSL wishes to put the issue in correct perspective. Mid-year transfers in the Bank are a routine matter that has taken place annually for several years. A transfer provides an employee to experience varied areas of central banking activities,” it said.

CBSL said that this would equip staff to rise to senior managerial positions at CBSL.

“Also, the CBSL has the authority to deploy its employees in any department or regional office of the Bank depending on service requirements,” 
it added.

Mirror Business reported that there were two batches of sudden staff transfers which took place last month, with employees not being aware of the transfers till the morning they occurred.

When the first batch of transfers took place, CBSL Governor Arjuna Mahendran said that they were routine mid-year transfers which were delayed due to the elections.

Finance Minister Ravi Karunanayake told the media that the second group of transfers—which was the larger; including over 100 employees—were for disciplinary action.