New Director General of Securities and Exchange Commission of Sri Lanka appointed

Channa de Silva has been appointed as Director General of the Securities and Exchange Commission of Sri Lanka with effect from 30th March 2005. Mr. de Silva served as an Executive Director at the Board of Investment of Sri Lanka (BOI) and was involved in promoting Foreign Director Investments to Sri Lanka.

He has also served as Head of Strategy at Eagle Insurance and also held the position of Head of Bancassurance and Integrated Marketing in the Company, states a press release issued by the Securities and Exchange Commission of Sri Lanka.

Mr. De Silva was the founder Security of the Sri Lanka Association of Securities & Investment Analysis (SLASIA) for four years and served in many capital market development initiatives. He currently serves as a Member of the Pension Reform Advisory Committee of the Central Bank of Sri Lanka.

He holds a Bachelor of Commerce Degree with Second Class upper division honours from the University of Colombo, Chartered Management Accountant with Associated Membership at the Chartered Institute of Management Accountants UK.

He also holds a Diploma in Marketing from the Chartered Institute of Marketing (U.K.) and a Masters in Business Administration (MBA) degree from the University of Melbourne, Australia with financial concentration of the degree done at the Stockholm School of Economics in Sweden.