Q&A: Commercial Bank's Jegan Durairatnam

The CEO of the country’s largest private sector bank applauds government plans to overhaul exchange control legislation, but is not happy with a proposed financial transactions tax.
Jegan Durairatnam
Jegan Durairatnam

Jegan Durairatnam is CEO of Commercial Bank of Ceylon, Sri Lanka’s largest private sector bank and the country's longstanding recipient of FinanceAsia's Best Bank award in our annual Country Awards for Achievement.  

Durairatnam has spent nearly his entire career at Commercial Bank. In a wide-ranging interview, he discusses the country's high hopes for economic development as it emerges from a balance of payments crisis resulting from the high debt levels incurred by the government of Mahinda Rajapaksa, who was unexpectedly voted out of office at the end of 2014. 

A new coalition government consolidated power following parliamentary elections in the summer of 2015...

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