Cabraal to step down from parliament on Monday?

Cabraal to step down from parliament on Monday?

September 11, 2021   08:15 am

State Minister of Finance, Capital Markets and State Enterprise Reforms Ajith Nivard Cabraal is set to submit the letter of resignation from his position as a Member of Parliament on Monday (Sep. 13), Ada Derana learns. 

Reportedly, the resignation letter is expected to be handed over to the Secretary General of Parliament.

Further, Cabraal is also tipped to be reappointed as the governor of Central Bank of Sri Lanka by mid next week.

On Friday (Sep. 10), the current governor of the Central Bank, Professor W. D. Lakshman announced his intention to retire from his position as of September 14.

“I have not taken any decisions against my conscience,” Prof. Lakshman told a virtual press briefing, adding that he had originally planned to retire when he turned 80 next month.

His announcement came at a time when speculations have been rife as of lately that Cabraal, who previously served as the Central Bank governor, is tipped to be reappointed to the position following the retirement of Prof. Lakshman.

However, speaking to media this morning (Sep. 11), Cabraal confirmed that he accepted the invitation extended by the President to take up the post of Central Bank governor.

“In order to do so, I will have to resign from the parliament,” he added.

Cabraal was appointed as the Central Bank governor in July, 2006. Four years later, he was given an extension until 2016. However, following the presidential election in 2015, Cabraal stepped down from the position.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴Ada Derana Lunch Time News Bulletin 12.00 pm

LIVE🔴Ada Derana Lunch Time News Bulletin 12.00 pm

President stresses effective use of Rs. 1,400 bln capital allocation in 2025 budget (English)

President says US tariff cut achieved through talks, further reductions sought (English)

Engine fuel supply was cut just before Air India jet crash, preliminary report says (English)

Colombo HC sentences three persons to 20 years RI over Rs. 3.9 bln VAT fraud (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

🔴LIVE | Ada Derana Midday Prime News Bulletin - 2025.07.12

President announces plans to recruit 30,000 public servants after five-year gap (English)