Tilak goes and Nalaka comes

Finance Ministry Secretary Dr. P.B. Jayasundera says the resignation of Tilak Karunaratne as the Chairman of the Securities and Exchange Commission (SEC) has been accepted and a successor will be named next week.

It is also learnt that Dr. Nalaka Godahewa is tipped to be appointed as the new SEC Chief. Meanwhile, it is also reported that Sanjay S. Kulatunga too has resigned from SEC.

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