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Nandalal Weerasinghe listed among top Governors in Global Finance magazine
Global Finance magazine has released the names of Central Bank Governors who earned A+, A, or A- grades as part of the Central Banker Report Cards 2023 where Governor of Central Bank of Sri Lanka Dr. Nandalal Weerasinghe has been listed under A- grade.
The Bank Governors who earned an "A-" grade are: Colombia Leonardo Villar, Dominican Republic Hector Valdez Albizu, Iceland Asgeir Jonsson, Indonesia Perry Warjiyo, Mexico Victoria Rodriguez Ceja, Morocco Abdellatif Jouahri, Norway Ida Wolden Bache, South Africa Lesetja Kganyago, South Korea Rhee Changyong and Sri Lanka Nandalal Weerasinghe.
The full Central Banker Report Cards 2023 report and grade list will appear in Global Finance's October issue print and digital editions as well as online at GFMag.com.
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries, territories and districts, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.
Grades are based on a scale from A to F for success in inflation control, economic growth goals, currency stability and interest rate management. (An "A" represents an excellent performance down through an "F" for outright failure.)
"Fighting inflation, which has been fueled by pent-up demand and disrupted supply chains, has everyone turning to their central bankers for help," said Global Finance founder and editorial director Joseph Giarraputo. "Global Finance's annual Central Banker Report Cards celebrate those bank governors whose strategies outperformed their peers through orgininality, creativity and tenacity."
The Bank Governors who earned an "An" grade in the Global Finance Central Banker Report Cards 2023 are: India Shri Shaktikanta Das, Switzerland Thomas J. Jordan and Vietnam Nguyen Thi Hong.
The Bank Governors who earned an "A" grade are: Brazil Roberto Campos Neto, Israel Amir Yaron, Mauritius Harvesh Kumar Seegolam, New Zealand Adrian Orr, Paraguay Jose Cantero Sienna, Peru Julio Velarde, Taiwan Chin-Long Yang, Uruguay Diego Labat.
Comments - 57
Comments - Nandalal Weerasinghe listed among top Governors in Global Finance magazine
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AKD Saturday, 02 September 2023 10:34 PM
Are these a list of Governors who have succumbed to the will of the IMF, World Bank etc...?
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Mahila Monday, 04 September 2023 02:35 AM
ADD please, "THOSE NOT INCLINED TO FOLLOW PATH TO HELL" or desire of AKD, WW and Goman Pillai
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Do not fool the people Saturday, 02 September 2023 10:35 PM
Can we have now, a 'C' grade lunch. What an unknown outfit.
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Jagath Leanage Saturday, 02 September 2023 10:42 PM
He has gone to the top of the list . We have gone far below poverty line .
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Global ruse Saturday, 02 September 2023 11:22 PM
This is the Western strategy. Anyone toeing their line gets international recognition
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Lankaputha Sunday, 03 September 2023 02:18 PM
Kindly note that this is a Paid Advertisement. Hope people remember Ravi been awarded the best Finance Minister Award once by the same marketing firm
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Jude Saturday, 02 September 2023 11:23 PM
Oh watta joke!! The country is reeling with very high inflation, the currency is depreciating at an alarming rate!! The government is using EPF AND ETF money as piggy bank Huh!! Now who's in right mind Will say Central Bank chief doing a good job!???
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Mahila Monday, 04 September 2023 03:47 AM
Who is the 'HACKNEY', who resorted to such “Malady of utilising people's savings” – EPF/ETF!!?? The country was RUN DOWN economically by Dearest Messiah of 6.9 million SB's, which reached its Climax in March 2022 by rotten ‘TEAM MaRa’, Cabral and PBJ – BANKRUPTCY!!!??? Now you’re are accusing NW who was not even listened to, pre March 2022, retired prematurely in disgust of the treatment meted out by those ‘Wielding Power’!!! SL has abysmal memory LOSS
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Real System Change Sunday, 03 September 2023 12:17 AM
Dr Nandalal Weerasinghe deserves to be the President of our country atleast until 2027. Unfortunately for the country but fortunately for him, cbsl governors must stay away from politics. Hope the 29 National List seats are filled by technocrats industrialists and technologists etc so that parliament and hopefully cabinette will have more competences to run the country properly. Since he won't contest, the party that wins the elections should invite Dr. NW to come as an independent from the National List and then appoint him the finance minister. On His part he should plan and groom his successor for CBSL Governor post and take on a more National level post like Finance Minister to strengthen the fiscal side policies and regulations as well from 2024.
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Kps Sunday, 03 September 2023 12:30 AM
No big deal! It s easy just don’t pay any debts. I could be the best Dad in the world if I don’t pay any loans belong to my family.
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Ram Sunday, 03 September 2023 12:41 AM
The best person for this job at the right time. The whole nation owes him a gratitude to save this country after bankruptcy.
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Amaran Sunday, 03 September 2023 01:39 AM
Please accept my heartiest CONGRATULATIONS, Governor Dr Nandalal. Truly, your hard work only pulled out our country from the crisis. But RW may claim his hard work. RW brought a robber Arjuna Mahendran and destroyed our country. I take this opportunity THANK Fmr President GR for bringing you to this position. BUDU SARANAI
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Iqbal Sunday, 03 September 2023 04:40 AM
He deserves credit. Undoubtedly the best Central Bank governor since AS Jayawardene. Tough and disciplined.
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Gabriella Sunday, 03 September 2023 05:13 AM
Let’s not forget; members of this cabinet tried to get rid of Mr Weerasinghe. Now they should get down on their bended knees and thank him. It amply demonstrates what can be achieved when suitably qualified people are appointed. Sri Lankan airlines under Mr Nuttall will be the next success story ( providing that imbecile of a minister is got rid of).
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ANTON Sunday, 03 September 2023 05:28 AM
WHAT RANK WILL BE GIVEN FOR SRILANKAN CITIENS ?
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P A S P PERERA Sunday, 03 September 2023 06:14 AM
Do you know that there was a finance minister in Sri Lanka once upon a time ( Mr. Ravi Karunanayake ) that he was listed as the number one finance minister in world by a magazine like this and later he was jailed for corruption charges by a court in Sri Lanka? Few years later the same country declared its bankruptcy.
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P A S P Perera Sunday, 03 September 2023 06:14 AM
Do Not Promote The Person who applied the brakes ( by his own words )
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P A S P Perera Sunday, 03 September 2023 06:15 AM
I think he should be out of the list as his monitory policy decisions has already done huge damage to the country’s economy. GDP growth of Q1 2023 is dropped to -11.3 after last year -9.3. Because of his decision to increase landing rates by 750 basis points in one day, construction industry alone one million jobless. Textile industry export contracts nearly 20%. None performing loan in bank increased to 14% from 8.3%. Treasury Bonds / Bills rates are at historical high ( Above 30% ). He made the decision to rob the hard working peoples’ pension fund by reducing its return to 9% from 12% while not touching Central Bank Employees fund but giving them 30% return. The Unethical Chief Of Money Printing Agency should be in jailed now. The Economist who cheat the people who doesn’t know the economics.
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Fred Sunday, 03 September 2023 06:44 AM
Congratulations.Does that mean we are getting inflation under control?Doubt it from the way prices are rising, more loans possibly, more imports probably, hope they are drugs not cars
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Terrence K Sunday, 03 September 2023 07:08 AM
Congratulations! Better luck next time to obtain an A by being considerate to the EPF and ETF funds of employees in the private sector and also in the interest management by giving weightage to deposit holders who are dependent on the interest on their terminal benefits.
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REEZ Sunday, 03 September 2023 07:12 AM
No they are wrong Cabraal and Arjun Mahendran are the best A grade Governors sorry Governess
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Lal Sunday, 03 September 2023 07:37 AM
It shows the standard of the magazine. All that glitter is not gold.
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Gamini Sunday, 03 September 2023 08:04 AM
These grades are given only from a financial management point of view. Socioeconomic factors are not considered at all. See where we are now at ground level!
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Jude Sunday, 03 September 2023 08:11 AM
What Nandalal did Best was as Deputy Governor kept a blind eye when Mahendran committed the skulduggery !! To avoid the scrutiny Nanda moved Aussieland then the opportunity arise to make a fast Buck Nanda came back to SL. Now tell me who leaves Australia to become a Bureaucrat in SL unless that Job provides perks beyond any means, Huh.
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This is not the first time Sunday, 03 September 2023 08:21 AM
Dumb and avaricious rulers will not allow this bank Governor to utilize his knowledge and acumen to take the nation forward. The famous Kulasinghe of State Engineering Corporation had to leave, because he was not in the good books of the ruler and minister of Lanka.
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Adwani Sunday, 03 September 2023 09:01 AM
Even Ravi Karunanayake too was top Finance Minister but he mistakenly entered into Crescate Apartment without knowing who was the owner of the Apartment. Finally, it was found that EPF has lost a lot.
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Dr. Gunawardena PhD Sunday, 03 September 2023 09:41 AM
What’s the logic ?. You are governed to bring success economically for people of the country. But, The country he governs is in a deep economical shit. Is this magazine realistic ?
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roni Sunday, 03 September 2023 10:26 AM
This is the joke of the decade. Formulas created to achieve positive data results are one thing, the prices of goods on the shelves are the real thing.
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Laugh Sunday, 03 September 2023 10:31 AM
Looking at the current economic statistics in Sri Lanka, its very strange.
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Ganesh Sunday, 03 September 2023 10:56 AM
There is a clarification needed there are gradings A plus A minus Our governor is ranked as A minus. IS IT CORRECT?
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Senior citizen Sunday, 03 September 2023 10:58 AM
GOVERNOR : WE SENIOR CITIZENS ARE SUFFERING WITH THE PRESENT FD RATES GIVEN TO US OLD FOLK ... HELP US PLEASE IN OUR LAST STAGES OF LIFE
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He maybe lauded by those overseas but here he causes suffering Sunday, 03 September 2023 10:59 AM
His speaking up for capping interest earning on EPF, stopping imports to save dollars, preventing rupee outward remittances have made him hated by the public. He can have his ivory tower white skinned friends all say he is good, but the public would hate him and never vote him into that role in a million years. Regardless of what rubbish the western nations say about how good he is, the suffering he's inflicted on the public is unforgivable. Sooner or later all those who cause misery to our nations public will face unexpected suffering, as much traditional Kali amma pooja is being held against him.
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Prof. H.J.M. Fernando Sunday, 03 September 2023 11:18 AM
We Sri Lankans can list Mr. Nandalal's grade as "Z" because he was brought by a dam destroyer Gota and working for a No value President Ranil.
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Lal Piyal Mendis Sunday, 03 September 2023 11:19 AM
To be in Grade A, what has this man done to SriLanka?
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Citizens Sunday, 03 September 2023 12:07 PM
Crazy
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Sri Ram Sunday, 03 September 2023 12:41 PM
i had been third in the class when there were 3 students in the class.
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Roger Sunday, 03 September 2023 12:44 PM
He's the best Central Bank Governer who after Governer A S Jayawardene returned to monetary tightening when all other Governer's chose to continue monetary easing. And he did it after 2 decades.
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roni Sunday, 03 September 2023 12:52 PM
The report published by UNDP on the economic crisis for 22/23 on Sri Lanka says it all. Either Global Finance or the UNDP do not know what they are doing or saying. Poverty is rampant the report says the country CLAIMS to be recovering. So, what's the justification, for this'
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Cherath Sunday, 03 September 2023 01:02 PM
'....for success in inflation control, economic growth goals, currency stability and interest rate management'. None of these are even within spitting distance in Sri Lanka. So how does the Global Finance magazine arrive at such bizarre deductions?
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Mahila Monday, 04 September 2023 04:02 AM
By assessment of the 'Road Map and Path', determined and being Chartered to meet Target solution!!!??? Macro-economic monetary control isn't like Switching Power (electricity) ON
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Mahila Monday, 04 September 2023 04:02 AM
By assessment of the 'Road Map and Path', determined and being Chartered to meet Target solution!!!??? Macro-economic monetary control isn't like Switching Power (electricity) ON
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Mahila Monday, 04 September 2023 04:02 AM
By assessment of the 'Road Map and Path', determined and being Chartered to meet Target solution!!!??? Macro-economic monetary control isn't like Switching Power (electricity) ON
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Nirmal De Silva Sunday, 03 September 2023 01:30 PM
Amaran you are a good man. you know the real meaning of gratitude.
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Amaran Sunday, 03 September 2023 02:21 PM
@ Sri Ram. You had been 3rd in the class is DIFFERENT from the Marks you had obtained, which is the GRADE. Governor has obtained A Grade that directly related the score.
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GHT Sunday, 03 September 2023 03:17 PM
If America wishes even a pavement hawker would be the world's best Financial Giant.
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Terrence K Sunday, 03 September 2023 03:57 PM
Whilst you are full of smiles in obtaining recognition of an A- as Governor of the Central Bank still you have not understood the burning problems of the Private sector employees who have been fleeced of their future interest on EPF and ETF funds and RETIRED Old Daddies and Mummies who have to forego substantial reductions on their deposits for their livelihoods thus getting a "F" OUTRIGHT FAILURE RECOGNITION
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Human Being Sunday, 03 September 2023 04:02 PM
On what basis he obtained "A-" I am clueless.
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Ravi Sunday, 03 September 2023 06:18 PM
I give an A to Nivard Cabraal. And Basil.
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vithura Sunday, 03 September 2023 09:40 PM
He is graded as A- minus and gets cheered; this only happens in Sri Lanka.
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P.K.J.Ratnasiri Monday, 04 September 2023 05:30 AM
Arjun Mahendran is the best governor we ever had since independence.
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G Monday, 04 September 2023 09:12 AM
He took the job while the whole country's economy was going down the hill and managed to reduce the inflation up to around 4% by August, which is a remarkable achievement. While going through these ignorant comments, the illustration of stupidity and almost no percent of humility among the majority of Sri Lankans is thoroughly noticeable. Good Job, Dr. Nandalal!
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Ron hardy Monday, 04 September 2023 09:39 AM
He must have done something right to archive A grade top governors in central banking sector specialy when he took over was never easy our people should be proud hopefully things will get better few years to come congratulations to you sir We need more people like you who have vast experience in the financial sector with Overseas experience the country need more likes of you in all important portfolios to help this struggling nation for future countries prosperity great news for sri lanka
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Gomin Dias Monday, 04 September 2023 06:12 PM
This rating is a pat on the back for making things easy for IMF. Anadalal is a double agent for IMF. Once he implements IMF agenda in Sri Lanka he will bail out to Australia.
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P.K.J.RATNASIRI Tuesday, 05 September 2023 05:27 AM
Nandalal can never beat Arjuna Mahendran and Ajith Neward Cabraal.
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Sivalingam Tuesday, 05 September 2023 05:45 AM
Nandalal is the EPF scammer, his boss, Mahendran is the Bond scammer.
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dana Tuesday, 05 September 2023 06:27 AM
Once upon a time one finance minister,whose is well known for his organizing abilities of looting central bank and many more financial frauds were selected as Best finance minister of the world,how funny
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Quolp Tuesday, 05 September 2023 10:48 PM
Then no one can defeat you, as you are categorized as the world's No: 01 PUPPET of the US.
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