CBSL names two new Deputy Governors

The Central Bank has appointed Assistant Governors C. Amarasekara and K. G. P. Sirikumara as Deputy Governors, in line with a recommendation by its governing board.

Dr. Amarasekara’s appointment took effect on 24 October 2025, while Sirikumara will assume office on 3 November 2025, the monetary watchdog said this week.

Dr. Amarasekara has served the Central Bank of Sri Lanka for more than 22 years. Prior to being appointed as the Deputy Governor, he held the position of Assistant Governor overseeing the Departments of Economic Research, Statistics, and Market Operations, Facilities Management as well as Macroprudential Surveillance. He was also the Secretary to the Monetary Policy Board (MPB). 

He previously served at the International Monetary Fund in Washington, D.C., as Alternate Executive Director for constituency of Sri Lanka, India, Bangladesh and Bhutan (January 2022-February 2024).

In addition to the Monetary Policy Committee (MPC) of the Central Bank, Dr. Amarasekara is a member of the Financial System Stability Committee, the Market Operations Committee, and risk management committees. He is currently a member of the Board of Governors of the Institute of Policy Studies (IPS) and Board of Directors of the Sri Lanka Export Credit Insurance Corporation (SLECIC). 

Dr. Amarasekara holds a PhD in Economics from the University of Manchester, United Kingdom, a Master of Science Degree in Economics with Distinction from the University of Manchester, United Kingdom, and a Bachelor of Arts Degree in Economics with a First Class Honours from the University of Peradeniya. He is also an Attorney-at-Law.

K. G. P. Sirikumara

K. G. P. Sirikumara has served the Central Bank for more than 25 years in different capacities. 

He has been instrumental in introducing numerous law reforms in the banking and financial sector, financial market infrastructures, capital markets and combating money laundering and terrorist financing. He has introduced strict governance standards within the Bank and introduced resolution and enforcement measures to strengthen the financial sector. He was a member in the National Payments Council, Financial Stability Committee, Financial Risk Management Committee, Non-financial Risk Management Committee, and in the Panel of Experts appointed under the Payment Devices Frauds Act, No.30 of 2006. Currently he functions as the Vice Chairman of the Institute of Bankers of Sri Lanka.

Sirikumara holds Master of Laws degrees from Monash University, Australia, and the University of Colombo, and a Bachelor of Laws degree from the University of Colombo. He is an Attorney-at-Law and a member of the International Compliance Association, UK, with international diplomas in Anti-Money Laundering and Compliance.