Hemasiri Fernando, new BOI Chairman

Hemasiri Fernando has been appointed as the new Chairman of the Board Of Investments (BOI), Development Strategies and International Trade Ministry Secretary Chandanie Wijewardena said.

She told the Daily News that President Maithripala Sirisena has made the appointment with effect from yesterday.

Wijewardena also said that Champika Malalgoda has been appointed as the new BOI Director General. Dr.Nihal Samarappuli and Dr.Harsha Subhasinghe have been appointed as new members to the BOI Director Board.

“Two more appointments to the five-member BOI Director Board will be made shortly,” she added.

As per the BOI Act, the President is the appointing authority. Hemasiri Fernando’s new appointment is in addition to his current post as the Chief of Staff of the President.

Fernando was the former People’s Bank Chairman and he resigned from that post following the President’s direction to reconstitute the Director Boards of the Bank of Ceylon and People’s Bank.

Fernando succeeds Dumindra Ratnayaka who tendered his resignation last week.

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