CBSL reconstitutes Monetary Policy Consultative Committee

Thursday, 21 October 2021 02:11 - - {{hitsCtrl.values.hits}}

The Monetary Policy Consultative Committee (MPCC) of the Central Bank of Sri Lanka (CBSL) has been reconstituted.

The reconstituted MPCC comprises of 12 eminent personalities from the private sector and academia and is chaired by former Central Bank of Sri Lanka Deputy Governor Sunil Lankathilake, and a member of the Securities and Exchange Commission of Sri Lanka.

The other members are Stassen Group of Companies Chief Financial Officer Dhamitha Cooke; Ceylon Chamber Commerce Import Section Chairman Niranjan Dissanayake; Access Engineering PLC Managing Director Christopher Joshua; Professor of Economics Prof. Sunanda Madduma Bandara, Brandix Lanka Ltd., CEO Ashroff Omar; Softlogic Group Chairman/Managing Director Ashok Pathirage; Vallibel One PLC Chairman/Hayleys PLC Co-Chairman Dhammika Perera; Mainettech Lanka Ltd., Chairman Jeyam Perumal; DSI Samson Group Managing Director Dr. Kulatunga Rajapaksa, Emeritus; Retd. Senior Banker Rusiripala Tennekone; and Hemas Holdings PLC Group CEO Kasturi Chellaraja Wilson.

The primary role of this high-level Consultative Committee is to represent the views and sentiments of the private sector and academia on developments in the monetary policymaking process, thereby enabling the Central Bank to make informed monetary policy decisions in a more consultative manner. The Economic Research Department of the Central Bank of Sri Lanka, which serves as the Secretariat of the Monetary Policy Committee (MPC), also serves as the Secretariat of the MPCC.