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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Arujuna Mahendra - New Governor's Profile

Arujuna Mahendra - New Governor's Profile

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puliyanam

puliyanam
Manager - Equity Analytics
Manager - Equity Analytics
Mr. Arjuna Mahendran serves as Chief Investment Officer of the Wealth Management Division at Emirates NBD Bank PJSC. Mr. Mahendran has nearly 30 years of extensive experience in the financial services industry across Asia. He served as Chief Economist & Strategist - Asia Pacific at Credit Suisse Group AG and was its Head of Research for Asia Pacific since October 2006. He assisted the Wealth Management division to continue to grow from strength to strength. He served as the Managing Director; Chief Investment Strategist - Asia and Singapore and Head of Investment Strategy – Asia at HSBC Private Bank. He was responsible for driving research and providing in-depth analysis of markets in the Asia Pacific. Mr. Mahendran also led the analytics team in interpreting market economics and developing investment strategies for HSBC's clients in the region. He served as Chief Economist-Strategist, Asia Pacific at Credit Suisse Private Bank. Mr. Mahendran served as the Director and Head of Economic Research (ASEAN and South Asia) at Societe Generale Cross Asset Research. Mr. Mahendran has an experience of over 26 years in both private companies and public sector organisations, including senior positions with the Central Bank and Ministry of Finance of Sri Lanka as well as the World Bank. He led an award-winning team of research analysts and economists in covering stock market ass set allocations, providing economic intelligence and forecasts as well as in-depth analysis of countries in the ASEAN region and the Indian sub-continent. Mr. Mahendran also regularly presented to institutional fund managers in the United States, Asia and Europe. As the Chairman/Director-General for the Board of Investments of Sri Lanka, he was responsible for attracting and facilitating inflows of foreign direct investments to Sri Lanka. For Mr. Mahendran's instrumental role in establishing the Board of Investments of Sri Lanka and driving its strategy, he was named a runner-up in Euromoney Strategic Direct Investor’s “CEO Lifetime Achievement Award” in 2003. He holds a Master of Arts in Philosophy, Politics, and Economics from the University of Oxford.

Dhehan

Dhehan
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This is what we heard
Arujuna Mahendra - New Governor's Profile  10489671_321445704720685_6027844223478413486_n



Arjuna Mahendran has had a poor track record at the BOI and was accused of misappropriation of Rs 10 million, his son in law Arjun Aloysius is implicated in many deals involving the EPF, especially the purchase of grain elevators and LOLC resulting in losses in the billions. Can we expect him to investigate such scams? Where is the "Yahapalanaya" Mr Sirisena Promised?

Arjuna Mahendran is a good banker with international experience. But has been a very good friend of Cabral and got his help to organize the Primary Dealer license for his son in law (Perpetual). Cabrals family was involved in the company as directors (Shiromi Wicramasinghe) they dealt all EPF positions through this company and if Arjun Mahendren is appointed for sure he will close the investigation re EPF involvement in Debt & Equity. This way Cabral goes free and his Son in Law will have all positions on Debt getting to know the interest rate movement. This appointment will be of Conflict of Interest.

puliyanam

puliyanam
Manager - Equity Analytics
Manager - Equity Analytics
Hmm interesting... that was not on the profile and lets treat it as only allegation Very Happy

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