The Central Bank of Sri Lanka (CBSL), with a view to broadening its engagement with key stakeholders of the economy, established the Stakeholder Engagement Committee (SEC) by replacing the Monetary Policy Consultative Committee (MPCC) and the Financial System Stability Consultative Committee (FSSCC) of the CBSL that were in operation previously.
The primary role of this high-level consultative Committee is to represent the views and sentiments of the private sector and academia on economic conditions and the outlook, considering the overall economic development, particularly in the monetary and financial sectors of the economy.
The SEC is chaired by Prof. Sirimal Abeyratne, Professor in Economics, Department of Economics, University of Colombo and comprises the following 17 eminent personalities from the private sector and academia as members:
Ashique M Ali, Chairman, Sri Lanka Association for Software Services Companies
Kapila P Ariyaratne, Chairman, Sri Lanka Banks’ Association
Sanjaya Bandara, President, Institute of Chartered Accountants of Sri Lanka
Dhamitha Cooke, Chief Financial Officer, Stassen Group of Companies
Priyanga Dunusinghe, Senior Lecturer, Department of Economics, University of Colombo
Priantha Fernando, Chairman, Sri Lanka Tourism Development Authority
Murtaza Jafferjee, Chairman, Advocata Institute
Christopher Joshua, Managing Director, Access Engineering PLC
Rohan Masakorala, Founder, Shippers’ Academy Colombo (Pvt) Ltd
Reyaz Mihular, Non-Executive Chairman, Bairaha Farms PLC
Ashroff Omar, Chief Executive Officer, Brandix Lanka Limited
Lakshman Silva, Former Chief Executive Officer, DFCC Bank PLC
. Rohan Tennakoon, Chairman, Finance Houses Association of Sri Lanka
Rajendra Theagarajah, Past Chairman, Ceylon Chamber of Commerce
Prof. Lakshman R Watawala, President, Institute of Certified Management Accountants of Sri Lanka
Ganeshan Wignaraja, Senior Research Associate
Anushka Wijesinha, Economist and Co-Founder, Centre for a Smart Future.
Further, the SEC is expected to provide feedback from the viewpoint of the stakeholders of the economy on the policy measures adopted by the CBSL, thus enabling the CBSL to make informed policy decisions in a more consultative manner. The inaugural meeting of the SEC was held on 10 August 2022 at the CBSL premises with the participation of the Governor of the CBSL, Dr. P. Nandalal Weerasinghe, and senior
CBSL officers.