Nihal Fonseka reappointed to Monetary Board

The Central Bank yesterday announced the reappointment of Anthony Nihal Fonseka as a member of the Monetary Board, with effect from July 27, 2022, for a period of six years.

Fonseka previously served on the Monetary Board from July 2016 to May 2020 and from May 2022 to July 2022.
A banker by profession, Fonseka has held several key positions in the local and international banking and financial sector. He was Chief Executive Officer of DFCC Bank for over 13 years and prior to that was Deputy Chief Executive Officer of HSBC Sri Lanka for 10 years. 

He has also served as Chairman of the Colombo Stock Exchange and Association of Development Financing Institutions in Asia and Pacific, Manila and as a Director of Commercial Bank of Ceylon PLC and DFCC Vardhana Bank PLC. 

He was President of the Sri Lanka National Advisory Council of the Chartered Institute of Securities and Investments, UK for over 10 years and is a Member of the US-Sri Lanka Fulbright Commission.