COLOMBO Aug 28 (Reuters) - The government appointed the head of Sri Lanka's state-run tourism board, Nalaka Godahewa, to chair the country's markets regulator, the Treasury Secretary said on Tuesday.
P.B. Jayasundera said Godahewa would join the Securities and Exchange Commission with immediate effect.
The SEC post has been vacant since Aug. 17 when Tilak Karunaratne resigned, claiming he had come under pressure from market players being investigated for alleged stock market manipulation. (Reporting by Shihar Aneez; Editing by John Stonestreet)
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Heavy rains and a landslide in the Himalayan region of Kashmir killed 17 people, police said on Tuesday, as authorities continued working to rescue stranded villagers, with unseasonal rains raising fears of flash floods in the mountainous north. Full Article