Last Updated: Jan 15 2009 - Able2Act

Biography for Ajith Nivard Cabraal

First Name: Ajith Nivard
Last Name: Cabraal
Title: Central Bank Governor
Organization: Sri Lanka Central Bank
Country: Sri Lanka
CV: Central Bank GovernorChairman of the Monetary Board of the Central Bank Prior to this appointment, Mr. Cabraal was the Adviser to His Excellency the President on Economic Affairs and Secretary, Ministry of Plan Implementation. Mr. Cabraal also served as a Member of the Board of the Strategic Enterprises Management Agency (SEMA). In addition, he was also a member of the Government Team that participated at the Geneva Talks with the Liberation Tigers of Tamil Eelam in February 2006. Further, Mr. Cabraal represented the Government in relation to the Millennium Challenge Fund negotiations with the US Government.A Chartered Accountant by profession, Mr. Cabraal is also an Eisenhower Fellow and a recognized consultant in Corporate Governance. He was the Founder Chairman of the Corporate Governance Committee which developed the Code of Best Practice on Corporate Governance in Sri Lanka. He also served as the President of the Business Recovery and Insolvency Practitioners Association of Sri Lanka. He is a Past President of the Institute of Chartered Accountants of Sri Lanka, South Asian Federation of Accountants and the St. Peter’s College Old Boys Union.Further, he has served on the Boards of the Securities and Exchange Commission, National Institute of Business Management, Post Graduate Institute of Management and the University of Moratuwa. Prior to his appointment as the Secretary to the Ministry of Plan Implementation, Mr. Cabraal had established his own management consultancy practice. During this period, he also served as Chairman and/or Director of several quoted and unquoted public companies until December 2005 at which time, he resigned from all private sector positions to take up public office. Mr. Cabraal is the author of the books, “Towards a Sri Lankan Renaissance” which is a collection of strategies for the future development of the country and “Lak Mawata Muthu Potak” (A String of Pearls for Mother Lanka) - a collection of over 60 short essays.
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