Dr. Nandalal Weerasinghe gets top rating in global list of Central Bankers

Sri Lanka’s Dr. Nandalal Weerasinghe has got top rating in a global compilation of Central Bankers.

Dr. Weerasinghe was listed under Bank Governors who earned an “A” grade in the Global Finance magazine’s Central Banker Report Cards 2023.

The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries, territories and districts, including the European Union, the Eastern Caribbean Central Bank, the Bank of Central African States and the Central Bank of West African States.

Grades are based on a scale from A to F for success in inflation control, economic growth goals, currency stability and interest rate management. (An “A” represents an excellent performance down through an “F” for outright failure.)

CBSL Chief Dr. Weerasinghe is grouped along with Bank Governors of Columbia, Dominican Republic, Iceland, Indonesia, Mexico, Morocco, Norway, South Africa and South Korea.

The Bank Governors who earned an A+ were India, Switzerland and Vietnam. Those who earned “A”grade were Brazil, Israel, Mauritius, New Zealand, Paraguay, Peru, Taiwan and Uruguay.

In the 2019 Report Card, the then CBSL Governor Dr. Indrajit Coomaraswamy Grade was stated at B.

“Fighting inflation, which has been fuelled by pent-up demand and disrupted supply chains, has everyone turning to their central bankers for help,” said Global Finance founder and Editorial Director Joseph Giarraputo. “Global Finance’s annual Central Banker Report Cards celebrate those bank governors whose strategies outperformed their peers through originality, creativity and tenacity.”

The full Central Banker Report Cards 2023 report and grade list will appear in Global Finance’s October issue print and digital editions as well as online at GFMag.com.

Global Finance, founded in 1987, has a circulation of 50,000 readers in 193 countries, territories and districts. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions for multinational companies and financial institutions