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New governor for Sri Lanka central bank

11Arjuna Mahendran, a former private banker, has been appointed governor of the Central Bank of Sri Lanka. This is part of the shake-up in economic policy by the new President Maithripala Sirisena. Mahendran, earlier managing director at HSBC’s private banking division, replaces Ajith Cabraal, who resigned following the defeat of former president Mahinda Rajapaksa.

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