CB Governor Lakshman announces resignation

Prof. W.A. Lakshman this afternoon announced his resignation from the post of Central Bank Governor with effect from September 14.

President Gotabaya Rajapaksa appointed Prof. Lakshamn to the post in December 2019.

Prof. Lakshaman said it was his intention to resign on his 80^th birthday. But he is retiring on September 14, six weeks ahead of the intended time.

The outgoing Governor said during his tenure he had not done anything “against his conscience” and steered Sri Lanka towards the ideology that he believed in.

Former Central Bank Governor and current junior finance minister Ajith Nivard Cabraal is widely expected to replace Prof. Lakshman.