Sri Lanka’s new Central Bank chief says upholding credibility main responsibility

ECONOMYNEXT – Sri Lanka’s new Governor of the Central Bank, Indrajit Coomaraswamy, said he would do his best to maintain the integrity of his position with the institution playing a key role in the country’s economy.

“Arguably, the primary responsibility of the governor is to uphold its reputation and credibility,” he said in his first speech to the staff of the bank after being appointed over the week end.

“I can assure I will do my utmost to do so at all times,” said Coomaraswamy. “Of course I can’t do this on my own. I need the co-operation of each and everyone one of you to main this as one of the great institutions in the country.”

Coomaraswamy said the central bank staff need to be absolutely together and work as one team with common objectives.

The central bank “sets the tone” ffor how the economy will work, he said, noting that it needs to have a culture that promotes integrity, technical excellence and professionalism.

“I want these three to be the guiding principle for all of us as we go forward,” he said.
(COLOMBO, July 04, 2016)

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