Sri Lanka, Sept. 15 -- Ajith Nivard Cabraal has officially assumed duties as the 16th Governor of the Central Bank of Sri Lanka, a short while ago.

"I am extremely privileged to lead the Central Bank once again and deeply humbled by the trust and confidence reposed in me by the President, Prime Minister and Finance Minister to take up this responsibility."

"I will assure all of them that they will not be let down, and the economy will be steered towards continued stability," he said, in an initial statement upon taking office.

Cabraal had received his letter of appointment from President Gotabaya Rajapaksa this morning (15).

With the resignation of the previous Governor Professor W. D. Lakshman, Cabraal was named for the position.

Ca...