Sri Lanka appoints tourism head as new SEC chief

COLOMBO Tue Aug 28, 2012 7:47pm IST

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)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

End of Planning Commission

REUTERS SHOWCASE

Climate Change

Climate Change

Climate change to cut South Asia's growth 9 percent by 2100 - ADB.  Full Article 

Ballmer Exits

Ballmer Exits

Ex-CEO Ballmer quits Microsoft board to focus on NBA's Clippers  Full Article 

Bribery Investigation

Bribery Investigation

Owed $6 billion, banks sharpen scrutiny of steelmaker Bhushan  Full Article 

Deal Talk

Deal Talk

JSW to buy Welspun Maxsteel for enterprise value of $165 million.  Full Article 

Needless Spending

Needless Spending

Exclusive - Icahn says Family Dollar wasting over $300 mln in breakup fees .  Full Article 

Luring Customers

Luring Customers

With cigars and crystal, Volvo makes eyes at Chinese rich.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage