Bows Out

Oct 02, 2008 (LBO) – Sri Lanka’s former finance ministry secretary P B Jayasundera, who resigned as chairman from national carrier Sri Lankan Airlines, says he will be taking a break before taking up any new assignments.

To receive instant alerts from LBO on your Dialog mobile type ‘lbo’ and send to 678

Jayasundera told our sister website Vimasuma.com that he will take a decision on his future after taking rest.

Jayasundera resigned his position as secretary to the minister of finance, following an order on a privatization deal by the island’s Supreme Court, but remained chairman of Sri Lankan Airlines amidst reports that he would be appointed a presidential advisor.

But the Supreme Court ordered him to appear in court to explain whether he was still holding public office following the court order.

A former central banker, he was seconded to the finance ministry and rose to become its most senior official.

In 2002, following a change in administration he headed the island’s privatization commission, where the sale of a state-run bunkering firm to Sri Lanka’s John Keells Holdings led to a public interest court case.

In 2004, he became secretary to the financ