Daily Mirror (Sri Lanka)

Bourse seeks new Chief Executive


The Colombo Stock Exchange (CSE) has advertised the post of Chief Executive Officer (CEO), that falls vacant from October as a result of the incumbent CEO Sureka Sellahewa resigning from the job.

According to an advertisem­ent published in leading newspapers, Sri Lanka’s only equity exchange seeks an individual with a minimum of ten years experience at a senior leadership level in capital market related institutio­ns in addition to other profession­al qualificat­ions.

Senior level experience gained in any overseas exchange has been identified as an added advantage.

The new CEO would be required to implement strategies to achieve the objectives of the CSE in operating efficiency, diversific­ation, technology, innovation with the aim of increasing liquidity and depth of Sri Lanka’s capital market.

The selected candidate is also required to steer the CSE through a process that is expected to lead to demutualiz­ation of the exchange and thereafter.

Sellahewa announced her resignatio­n earlier this month with effect from October 31, 2013, citing personal reasons.

She was appointed to the post on July 01, 2006. She has been with the exchange since 1989, and was the Assistant General Manager Listing and Surveillan­ce and Acting Director General prior to her appointmen­t.

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