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due to his commitments with IMF. He was on release to the
International Monetary Fund during the time frame between January 2010 to August 2012 which made it impossible for him to simultaneously work for both CBSL and IMF. During when he was promoted as deputy governor of CBSL on 27 September 2011, he was still working as the alternative executive director to the IMF. After the end of his stint at IMF in August 2012, a month later he took charge as the deputy governor of CBSL with immediate effect as of 1 September 2012. As per the provisions of the Monetary Law Act No 58 of 1949, he was appointed as the Acting CEO of the Central Bank in December 2019 following the sudden resignation of
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Papers published by The
Economic Society of Australia on Why do Estimated Rates of Total Factor Productivity in East Asia Differ so much and Which are Best, CBSL Staff Studies 2005 - Trade Policy Openness and Economic Performance: Cross-country Evidence, Commemorative Journal for the 50th Anniversary of the University of Kelaniya 2009 on Inflation and Monetary Policy. He is also an Advisory Board Member of the Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, Australian National University. He was also responsible for negotiating Financial Services in bilateral trade and services agreements with China and Singapore.
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During his tenure as deputy governor of CBSL between 2012 and 2020; he supervised numerous departments including
Economic Research, Statistics, Domestic Operations, International Operations, Exchange Control, Macro-prudential surveillance, Currency and Communications of CBSL. During his tenure as the
257:
During his career as a prominent banker, he has made policy reforms and structural changes in various macroeconomic aspects including economic stability, price stability, economic growth, international trade, fiscal policy, international finance, reserve management and global economic issues. He has
236:
Prior to being promoted as the deputy governor of CBSL on 27 September 2011, he had served in as the assistant governor of CBSL from 2009 to 2012. Although, he was promoted as CBSL deputy governor in
September 2011, he assumed his duties as deputy governor exactly a year later as of 1 September 2012
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He has published several research papers in international and local journals some of which are – CBSL Staff
Studies 2001&2002 - Feasibility of Inflation Targeting in Sri Lanka, SEACEN Occasional Paper Malaysia 2004 on Global Economic Slowdown: Policy Options for SEACEN Economies, Economic
258:
also served as a member representing various cabinet sub committees on economic issues including Review Power
Purchase Agreements, Steering Committee on Market Program for Private Sector Development, Petroleum Refinery Project Coordinating Committee and Financial Sector Monitoring Committee of the
253:
He took an early retirement from central bank in
October 2020 as he was sidelined by Gotabaya Rajapaksa administration due to political reasons. The Monetary Board of the CBSL approved the pre-retirement leave of Nandalal despite the fact that the CBSL governors in the past had never approved the
168:
representing the countries such as Sri Lanka, Bhutan, India and
Bangladesh from January 2010 to August 2012. He has also previously acted as a chairman of the monetary policy committee and foreign reserve management committee of the Central Bank of Sri Lanka.
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289:. He delivered the Olcott Oration 2017 on the subject matter 'Evolution of Monetary and Exchange Rate Policy in Sri Lanka and the Way Forward' in an annual event organized by the Ananda College Old Boys' Association.
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on 20 December 2019. The government delayed the appointment of a permanent CBSL governor as it waited for an ideal successor. Nandalal worked as acting CEO of CBSL for around four days before
Professor
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285:(SEACEN) in Malaysia from 2000 to 2004. In addition, he also served as the Visiting Research Fellow at the Australian National University where he also previously graduated with a
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offered the post of
Governor of the Central Bank of Sri Lanka to Weerasinghe and he accepted the position. He assumed his duties as CBSL governor as of 7 April 2022. He replaced
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deputy governor of CBSL, he had also cautioned the banking sector on the need of adapting and embracing technology and trends to foster the economic growth.
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is a Sri Lankan economist and banker who is also currently serving as the 17th Governor of the Central Bank of Sri Lanka. A career officer in the
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pre-retirement leave of any of the deputy governors while requesting them to stay with CBSL until their retirement date.
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736:"Sri Lanka Economic Crisis highlights: Ex-Sri Lanka cenbanker Weerasinghe says he accepts offer to be new governor"
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567:"A glimpse into the future of banking and fintech at Banktech Asia Sri Lanka | Daily FT"
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399:"Cabraal resigns; Weerasinghe speculated to take over - Business News | Daily Mirror"
616:"Deputy Governors Weerasinghe and Karunaratne retire - Business News | Daily Mirror"
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688:"Dr. P. Nandalal Weerasinghe to deliver Olcott Oration 2017 on Saturday | Daily FT"
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262:. He has also outlined economic policy reforms and framework to address the
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and he also served as a visiting lecturer as the research economist at the
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Sri Lankan banker and current Governor of the Central Bank of Sri Lanka
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with the latter decided to resign due to mounting pressures from the
664:"BoP crisis might lead to banking crisis - Dr Nandalal Weerasinghe"
786:"Sri Lanka Names Former FX In-Charge as New Central Bank Governor"
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He served as a visiting lecturer in the field of Economics at the
374:"Sri Lanka central bank to get new governor amid economic crisis"
640:"Controversy over CBSL's Dy Govs' pre-retirement leave approval"
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519:"Govt. delays permanent appointment of CB Governor | Daily FT"
712:"Dr. Nandalal Weerasinghe, Dhammika Perera to get new posts?"
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591:"CBSL Deputy Governor addresses President's recent outburst"
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came into fore as the CBSL governor as of 24 December 2019.
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South East Asian Central Banks Research and Training Centre
447:"Dr. P. Nandalal Weerasinghe - Central Bank of Ceylon"
761:"Nandalal Weerasinghe to be come new CBSL Governor"
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495:"Nandalal Weerasinghe | Central Bank of Sri Lanka"
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143:Economist, Banker, Central Banker, Researcher
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464:"Central Bank appoints new deputy governors"
172:In April 2022, he was approached to replace
1012:Governors of the Central Bank of Sri Lanka
863:Governors of the Central Bank of Sri Lanka
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423:"Sri Lanka appoints new central bank head"
350:"Bloomberg - Nandalal Weerasinghe profile"
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306:Governor of the Central Bank of Sri Lanka
178:Governor of the Central Bank of Sri Lanka
39:Governor of the Central Bank of Sri Lanka
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543:"Modernise or be disrupted | Daily FT"
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296:In early April President
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270:could lead to an entire
182:2022 Sri Lankan protests
287:Doctorate of Philosophy
192:Weerasinghe studied at
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224:in economics from the
216:. Weerasinghe holds a
214:University of Kelaniya
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302:Ajith Nivard Cabraal
174:Ajith Nivard Cabraal
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23:Nandalal Weerasinghe
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914:Dissanayaka
879:Jayawardena
716:CeylonToday
668:CeylonToday
644:CeylonToday
176:as the new
97:Nationality
69:Preceded by
981:Categories
884:Ranasinghe
821:2022-04-07
771:2022-04-05
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335:2022-04-09
312:References
140:Profession
125:Alma mater
100:Sri Lankan
934:Mahendran
904:Rasaputra
899:Tennekoon
894:Tennekoon
816:www.ft.lk
790:Bloomberg
692:www.ft.lk
571:www.ft.lk
547:www.ft.lk
523:www.ft.lk
212:from the
188:Education
111:, Matara
105:Education
48:Incumbent
944:Lakshman
595:NewsWire
378:BBC News
949:Cabraal
929:Cabraal
796:5 April
206:Colombo
118:Colombo
924:Mendis
232:Career
198:Matara
874:Exter
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220:and
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89:Born
218:PhD
164:in
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