BOI rejects reports about resignation of its Director General

Oct 18, 2018 (LBO) – Sri Lanka’s Board of Investment on Thursday rejected media reports that its Director General Duminda Ariyasinghe has tendered his resignation.

BOI Media Director, Dilip Samarasinghe in a statement requested media to refrain from baseless speculation, especially on matters that have implications on investor confidence.

Releasing another statement in the afternoon, International Trade Minister Malik Samarawickrama said the current Board of Directors of the BOI comprised of highly respected professionals.

“The Board comprised of honorable people who sought to bring back professionalism into the institution and guide the country’s investment facilitation and promotion activities,” Samarawickrama said.

“From all reports I have received, the staff of the institution as well as genuine investors have appreciated their professional conduct.”

Media, however, reported yesterday that the President has ordered to dissolve the Board of Directors of the BOC, the People’s Bank and the BOI.

Secretary to the President has reportedly requested the members of these Boards to resign as the President wishes to reconstitute them.

(Updated)

scan0003