Central Bank Governor Dr. Indrajit Coomaraswamy bade adieu to his position today.

Coomaraswamy announced his resignation last month after the current government came to power.

His service at the helm of the Central Bank at an economically tumultuous time has been hailed by many.

He completed his university education with a BA (Hons.) Degree from the University of Cambridge and went on to obtain his Ph.D. in Economics from the University of Sussex. He joined the Central Bank of Ceylon in 1974 as a staff officer.

Dr. Coomaraswamy had served the Central Bank for fifteen years, working in the Departments of Economic Research, Statistics, and Bank Supervision. However, from 1981 – 1989 he was released from the Bank’s service to serve at the Ministry of Finance and Planning.

He held a number of senior positions at the Commonwealth Secretariat from 1990 – 2008, including Head of the Economic Affairs Division, Deputy Director of the Secretary General’s Office and Interim Director of the Commonwealth Secretariat’s Social Transformation Programme Division