President Maithripala Sirisena today announced that he will appoint a new Governor for Central Bank within the next few hours.
The announcement comes amidst speculations that the Government was looking at bringing back outgoing Governor Arjuna Mahendran to head the Bank for a second consecutive term.
Meanwhile, a crucial meeting by the Committee on Public Enterprises (COPE) will be held today, to study the Auditor General’s report on the Central Bank bond issue.
The Auditor General’s report will help COPE decide Mahendran’s innocence in the alleged bond scandal.
Mahendran’s term as Governor comes to an end tomorrow, 30th June 2016.