Central Bank Governor Prof. WD Lakshman announces retirement

September 10, 2021 at 3:28 PM

Professor WD Lakshman has officially announced that he will be stepping down as the Governor of the Central Bank of Sri Lanka, next week.

“I am retiring from the post on September 14,” he announced during a press briefing held today.

Prof. WD Lakshman said that although he got an offer to join the International Monetary Fund (IMF),  he will not accept that lucrative offer.

President Gotabaya Rajapaksa appointed Prof. WD Lakshman as the 15th Governor of the Central Bank of Sri Lanka in December 2019.

80-year-old Professor Lakshman is a well-known economist who served as the Vice-Chancellor of the University of Colombo from 1994 to 1999. 

In 2005, he was awarded the “Deshamanya” title for his contributions to the academic field.

Meanwhile, State Minister of Finance Ajith Nivard Cabraal is likely to take over the vacant position. (NewsWire)