Former Member of Parliament and entrepreneur Dr. Tilak Karunaratne has been appointed as the Chairman of the Securities and Exchange Commission (SEC) and he is expected to assume duties today, Daily Mirror online learns.
“Yes, I received the letter of appointment today (December 7) and I hope to assume duties tomorrow,” Dr. Karunaratne told Mirror Business to its inquiry.
Since the resignation of Indrani Sugathadasa last week as the Chairperson of the SEC, speculation was rife that Dr. Karunaratne would be appointed the new Chairman.
Dr. Karunaratne was a former Kalutara District Parliamentarian and the former Leader/General Secretary of Sihala Urumaya. He is also the Managing Director of chemical importer, Multiform Chemicals.
The SEC also recently advertised for a new Director General with the promotion of the former Director General Malik Cader to the Finance Ministry.
Comments - 7
prem Thursday, 08 December 2011 08:40 AM
Hope he can reactivate the stock market
izmy Thursday, 08 December 2011 08:52 AM
Another blunder to ruin the SEC.
freelanced Thursday, 08 December 2011 09:12 AM
A man with credibility. All the very best amidst all challenges.
lankan Thursday, 08 December 2011 04:49 PM
As long as he has the correct credential and experience !
Pubudu Thursday, 08 December 2011 08:40 PM
dila Thursday, 08 December 2011 06:17 AM
hmmm .. what can we say
anura Thursday, 08 December 2011 07:39 AM
Hope that he performs well, without giving in to corruption like a real Anandian from where he had his early upbringing.
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