President appoints Sujatha Cooray as Chairperson of People’s Bank

October 24, 2018 (LBO) – President Maithripala Sirisena has appointed long time public servant Sujatha Cooray as the Chairperson of People’s Bank according to a Newsfirst report.

Cooray is a former Secretary to the Ministry of Ports and Highways. She has also served as Deputy Secretary to the Treasury.

The new Chairperson has a Masters in Development Studies, Economic Policy and Planning from the Hague in the Netherlands. She also has degrees in geography and economics from Sri Lanka.

The appointment comes amid political controversy where the President has requested the dissolution of the boards of People’s Bank, Bank of Ceylon and the BOI. Additional appointments to the mentioned boards are likely to be made in the coming days.