SEC Chairman resigns

17 August 2012 10:27 am

SEC Chairman Thilak Karunarathne tendered his resignation a short while ago, SEC officials said

Karunarathne ended a week of speculation about his resignation, tendering his resignation to the Ministry of Finance, sources said.

Meanwhile Sri Lanka's Finance Ministry said today it has still not decided on a replacement for the Securities and Exchange Commission chief as his resignation has not been accepted by President Mahinda Rajapaksa, Reuters reported. (I.S)