Mid-year staff transfers, a routine matter: Central Bank

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Oct 09, 2015 (LBO) – Sri Lanka’s Central Bank on Friday said their mid-year staff transfers are a routine matter and provides an employee to experience varied areas of central banking activities.

Releasing a statement the bank stated that the practice has taken place annually for several years.

“A work transfer is a way to help an employee to gain wider and broader experience within the central banking business in addition to the provision of various kinds of local and foreign training including opportunities for following postgraduate degree programmes,”

“The transfers made by the Bank are for the purpose of enriching an employee’s career progression and at the same time, fulfilling service requirements to equip staff to rise to senior managerial positions in the CBSL.”

The Central Bank said it also has the authority to deploy its employees in any department or regional office of the Bank depending on service requirements.