Management committee of ‘Rebuilding Sri Lanka’ fund appointed with reps from public and pvt sectors

Cabinet approval has been granted to establish the ‘Rebuilding Sri Lanka’ Fund, aimed at rebuilding the country following the severe devastation caused by Cyclone ‘Ditwah’, one of the worst natural disasters in Sri Lanka’s recent history.

The Fund is to be established as a statutory fund under the Presidential Secretariat and its Management Committee will comprise representatives from both the public and private sectors.

Dr. Anil Jayantha Fernando, Minister of Labour and Deputy Minister of Finance and Planning, will serve as the Chairman of the Committee, while G. M. R. D. Aponsu, Senior Additional Secretary to the President, will serve as the Convener.

The other members of the Committee are: Hanif Yusuf, Governor of the Western Province and Special Representative of the President for Foreign Investments, Dr. Harshana Suriyapperuma, Secretary to the Ministry of Finance, Mr. Duminda Hulangamuwa, Senior Economic Adviser to the President, Sugeeshwara Gunaratne, Director General For Europe & North America, Ministry Of Foriegn Affairs, Foreign Employment and Tourism, Mohan Pandithage, Chairman, Hayleys Group, Krishan Balendra, Chairman, John Keells, Dr. Parakrama Dissanayake, Deputy Chairman and Managing Director, Aitken Spence  Mr. Ashroff Omar, Group Chief Executive Officer, Brandix, Ishara Nanayakkara, Executive Chairman, LOLC Holdings.

The Management Committee will be empowered to ensure the effective administration of the Fund, including assessing requirements, setting priorities, allocating resources and disbursing funds for approved recovery activities.

The Committee will also ensure full transparency in all financial operations of the Fund, including financial management and auditing.

Accordingly, contributions may be made to the Fund by any donor, local or overseas, either in Sri Lankan Rupees or in any foreign currency, to the following Bank of Ceylon account:

Account Name: Deputy Secretary to the Treasury

Account Number: 2026450

Bank: Bank of Ceylon, Taprobane Branch Swift Code: BCEYLKLX