How to Pronounce Nalaka Godahewa
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Jun 07, 1965 58 years old
Srii Lankan businessman
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About Nalaka Godahewa
- Nalaka Godahewa is a former Chairman of the Securities Exchange Commission of Sri Lanka.
- Godahewa's who was then chairman of Sri Lanka Tourism was appointed as SEC Chairman in mid 2012 after two of his predecessors, Indrani Sugathadasa and Thilak Karunaratne, had to resign within 12 months as a result of a stock market crisis during April 2011 to August 2012.
- According to Bloomberg statistics, within the first few weeks of Godahewa's appointment as SEC head, the market bounced back from world's worst performing stock market status to the third best performing stock market status.
- This prompted the business newspaper Daily FT to carry a headline "From Bust to Boom".
- In November 2012 Godahewa presented a three-year roadmap for capital market development in Sri Lanka.
- which was endorsed by key industry stakeholders as a timely, positive step in the right direction.
- By January 2014 Godahewa was in a position to publicly claim that "Foundation laid; time for other stakeholders to deliver" The all share price index of the Colombo Stock Exchange (CSE) had reached 7500 and was performing above all regional and global indices when Godahewa announced in January 2015 the vision and strategies for the market capitalization to be 100Bn by 2020
