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.

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Jayasundera told our sister website 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