Basil recalls need for stability

Monday, 8 July 2013 01:04 - - {{hitsCtrl.values.hits}}

During his speech at the SEC’s Investment Day 2013 on Saturday Chief Guest Economic Development Minister Basil Rajapaksa in a lighter vein recalled that after he inaugurated the last exhibition, two heads left the capital markets regulatory body. “After I opened the last Investment Day, the SEC changes at the top. Like political stability we need stability in capital market as well,” said Minister. The last Investment Day was held on 22 October 2012 and the then SEC Director General Malik Cader moved out in November followed by the resignation of the then Chairperson Indrani Sugathadasa in the same month.

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