Central Bank Governor Ajith Nivard Cabral’s services have been extended by another six years by the government. The extension is with effect from July 1, 2010.
Mr. Cabral assumed duties as the 12th Governor of the Central Bank. Prior to this appointment, Mr. Cabral was the Adviser to President Rajapaksa on Economic Affairs and Secretary, Ministry of Plan Implementation. He also served as a Member of the Board of the Strategic Enterprises Management Agency, which is responsible for the supervision of the 20 most important public institutions of the country, including the State Banks and Public Utilities (Electricity, Petroleum, Water, Railways, Road Transport, Ports and Airports). In addition, he was also a member of the Government team that participated in the Geneva Talks with the LTTE in February 2006. During the period President Rajapaksa served as the Prime Minister, Mr. Cabral was associated in the development of the “Mahinda Chintana” which currently serves as the Policy Framework and Development Plan of the Government.