Colombo, October 18 (Daily Mirror) -  Arjuna Herath has been appointed as the new Chairman of the Board of Investment (BOI) of Sri Lanka. 

With a career spanning several decades, Herath brings a wealth of experience to the role, having held prominent positions across a range of industries and regulatory bodies.

Herath previously served as the Senior Partner and Head of Consulting at Ernst & Young (EY) for Sri Lanka and the Maldives, and he was also the former Chairman of the Sri Lanka Personal Data Protection Authority. 

He currently sits on the Board of Directors at the Colombo Stock Exchange, adding to his impressive resume in the finance and regulatory sectors. His experience extends further, having served as a Board Member of the Sri Lanka Accounting and Auditing Standards Monitoring Board and as a Commissioner of the Securities and Exchange Commission of Sri Lanka.

In addition to his regulatory roles, Herath has a strong background in corporate leadership. He worked as the Marketing Development Manager at Ceylon Tobacco Company and was the Director of Corporate Finance at the Merchant Bank of Sri Lanka. 

A Senior Chartered Accountant, Herath is also a Past President of The Institute of Chartered Accountants of Sri Lanka. His contributions to the accounting profession have reached international levels, having held positions such as Past President of the South Asian Federation of Accountants, Board Member of the Confederation of Asia Pacific Accountants, and Chairman of the Professional Accountancy Organization Development Committee of the International Federation of Accountants.