COLOMBO Aug 28 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)
Trending On Reuters
The Reserve Bank of India (RBI) has not said it is done with interest rate cuts and will keep a close eye on incoming data, Governor Raghuram Rajan told CNBC in an interview. Read | RBI more likely to cut rates in Sept - Reuters poll