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About the Bank
Organisational Structure

Departments

For the smooth functioning of the CBSL, the departments of the Bank are grouped into four key business areas, namely -Economic and Price Stability; Financial System Stability; Currency Issue & Management and Agency Services to Government and three support services areas , namely -Human Resources Development and Management; Corporate Services; and Policy Review and Monitoring. The departments are headed by a Director (or equivalent), reporting to the Governor or a Deputy Governor through an Assistant Governor, while the Internal Audit Department reports directly to the Governor and the Monetary Board.

One Deputy Governor is in charge of the Economic and Price Stability group and the other is in charge of the Financial System Stability group. The departments under the Currency Issue and Management and Agency Services groups report to one of the two Deputy Governors, while all departments in the three support services groups report to the Governor, through their respective Assistant Governors.


The Organisational Chart >>

Department Key Responsibilities
Economic and Policy Advisory
Domestic Operations Responsible for implementing monetary policy measures, mainly through the conduct of open market operations and the enforcement of the reserve requirement for commercial banks. Operates current account facilities for the Government, commercial banks and Primary Dealers.
Economic Research Responsible for compiling data and conducting economic research for the guidance of the Monetary Board and the Governor in formulating, implementing and executing policies and measures and for the information of the public, in the subjects of money and banking and other economic subjects of general interest. The department also plays a key role in providing economic advise to the government as stipulate in the MLA.
International Operations Responsible for managing the official international reserves.
Statistics Responsible for compiling, analyzing and forecasting socio-economic statistics and conducting surveys.
Exchange Control Responsible for foreign exchange management under the Exchange Control Act.
Currency Responsible for the availability and integrity of currency notes and coins and their issue and distribution.
Communications & LIC Responsible for communication of the Bank's policies and output and dissemination of such information to the public and the Central Bank staff and providing library services.
Financial Sector Regulation and Supervision
Bank Supervision Responsible for the regulation and supervision of licensed banks.
Supervision of Non-Bank Financial Institutions Responsible for the regulation and supervision of Licensed finance and leasing companies.
Security Services Responsible for providing security to the Bank
Macroprudential Surveillance Responsible for monitoring the financial sector and maintaining financial system stability
Secretariat

Responsible for the general administration and procurement services of the Bank and managing appointments and correspondence relating to functions of the governor, providing relevant inputs and analysis, briefing specific matters, follow up instructions issued by the governor to other departments, coordination of work, managing all arrangements of foreign and local travels of the governor and protocol duties of the governor and foreign delegates.

Public Debt Responsible for the raising, servicing and managing of public debt; operating the Scripless Securities Settlement System; maintenance of the Central Depository System for Government Securities and the supervision of Primary Dealers.
Payments and Settlements Responsible for the advancement, stability and efficiency of the domestic payment and settlement system.
Finance Responsible for budgeting, budgetary control and financial reporting of the Bank. .
Information Technology Responsible for the advancement, stability and efficiency of the Bank's information technology operations and systems.
Capacity Building and Support
Employees' Provident Fund Responsible for receiving Employees' Provident Fund member contributions, maintaining member accounts, investing funds and paying benefits to members.
Human Resources Motivating and upgrading the competencies of existing staff, attracting appropriate talent by ensuring a consistent, transparent and relevant system of recruitment, evaluation, job rotation, promotion and providing opportunities for skills and competencies development which ensures a sustainable succession planning.
Training The Training and Development Department’s primary objective is to strengthen the Bank’s training function. In achieving this objective, The TDD delivers the tasks of formulating Bank’s training policies, preparing and implementing its annual training plan, facilitating postgraduate studies and foreign/local short-term training opportunities for the Bank’s employees and organizing knowledge sharing programmes. Ultimately, the TDD steers Bank’s training functions in a manner to fulfill identified competency gaps of the Bank’s staff, ensuring overall career development of them.
Financial Intelligence Unit Responsible for implementation and administration of the provisions of the Financial Transactions Reporting Act No 6 of 2006 (FTRA) to facilitate the prevention, detection, investigation and prosecution of the offences of money laundering , the financing of terrorism and other unlawful activities defined in the Act.
Centre for Banking Studies Responsible for conducting in-house training programmes for the Bank staff and the financial sector.
Facilities Management Responsible for the maintenance of the Bank's premises and physical assets.
Staff Services Management Department Responsible for providing welfare facilities to the staff.
Regional Development Responsible for promoting regional development through government and donor assisted rural credit delivery programmes.
Supervision of Microfinance Institutions Licensing of Microfinance Companies, Issuing of rules and directions for licensed MFCs, approved by the Monetary Board, from time to time and publishing them in the Gazette, Issuing of principles, standards and guidelines for microfinance NGOs, Examining and supervising operations of MFCs to ensure that they continue to comply with the rules and directions issued by the Monetary Board, Enforcement of sanctions in the event of any MFC failing to meet the licensing and ongoing supervisory requirements to ensure compliance, Cancellation of licenses and winding up of MFCs, which fail to comply with the directions and guidelines, Keep the monetary Board informed of the progress and issues related to MFCs through Information Series Board papers on regular basis.
Risk Management and Compliance

Internal Audit

Responsible for independent audit and advice to the Bank and monitoring Bank-wise risk management.

Policy Review and Monitoring

Responsible for reviewing and assessing the impact of the Bank's policies and the Bank's progress vis-à-vis strategic targets

Legal and Compliance

Responsible for safeguarding legal interests of the Central Bank of Sri Lanka, and ensuring contemporariness of the legal and regulatory framework

Risk Management

Responsible for managing risks of the Central Bank of Sri Lanka


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