Central Bank of 4 Wednesday 7th March, 2007 Sri Lanka Grade 5 Scholarship Examination Established under the Monetary Law Act, No. 58 of 1949, the Central Bank is considered as the premier financial institution in 2006 — cut off marks the country with its present staff including 315 graduates, 143 post-graduates (PhD/Masters), 16 lawyers and 58 accountants. Most of its activities are fully automated and all officers are linked through sophisticated computer networks. As per its Strategic Plan, the vision of the Central Bank is to be a credible and dynamic Central Bank contributing to the prosperity of Sri Lanka. The key objectives of the Central Bank are to maintain economic and price stability and financial system stability with the aim of creating a conducive macroeconomic environment for sustainable long-term high growth in the Cut off country. School Name Address Mark In addition to providing strategic leadership for the financial sector, the Central Bank provides prudential and pro-active policy 1. Vishaka Balika M.V . Colombo 4 175 recommendations to the government with the highest degree of integrity and professionalism, earning respect for its objectiv- 2. Mahamaya B.M.V . Kandy 172 ity and apolitical stance. In doing so, the values maintained by the Central Bank are its commitment to inspirational leadership, transparency, accountability, integrity, commitment to professional competence, lifelong learning, knowledge sharing and 3. Devi Balika M.V . Colombo 8 169 innovation, consistency and accuracy, operational autonomy, continuous commitments to results and commitment to partici- 4. Maliyadeva Balika M.V . Kurunegala 168 patory work practices. 5. Sirimavo Bandaranaike Balika M Colombo 7 166 6. Southland Balika M.V . Galle 165 7. Holy Family Balika M.V . Kurunegala 164 The Central Bank now has several Opportunities for 8. Girls High School Kandy 163 9. Sujatha Balika V . Rahula Road, Matara 163 Young Professionals to join its team as: 10. Anula Balika M.V . Nugegoda 162 11. Sangamitta M.V . Wekwella Road, Galle 161 12. Rathnawali Balika M.V . Gampaha 160 • Management Trainees and 13. Ferguson Girls High School Ratnapura 160 14. St. Joseph's Balika M.V . Kegalle 160 • Banking Assistants (Trainees) 15. St. Paul's Balika M.V . Milagiriya, Colombo 5 159 16. Viharamaha Devi B.V . Kiribathgoda 158 If you are an enthusiastic team player with leadership qualities, have an achievement ori- 17. Pushpadana Balika M.V . Kandy 156 entation and a citizen of Sri Lanka with the following qualifications, you have a chance to 18. St. Thomas Girls High School Walpala, Matara 156 join the Premier Financial Institution of the Country. 19. St. Joseph B.M.V . Nugegoda 155 20. Yasodara Devi Balika M.V . Gampaha 155 21. St. Anthony's Balika M.V . Gampaha 155 22. Kegalle Balika M.V . Kegalle 153 1. Management Trainees Leading to Staff Officer Grade I 23. Samudradevi Balika Nugeoda 152 1.1 Required Qualifications: 24. Gothami Balika M.V . Temple Rd., Colombo 10 152 25. Swarnamali B.M.V . Kandy 152 1.1.1 A Special Degree with 1st Class/2nd Class (Upper Division) or above or high Grade Point Average (i.e. 3.5 and 26. Ananda Balika V . Maligakanda Rd., Colombo 10 151 above out of a maximum of 4.0 points) obtained from a recognized University in the disciplines of Economics, Banking & Finance, Engineering, Management (Commerce, Public/Business Administration), Accounting, Math- 27. Sri Sumangala Balika M.V . Panadura 151 ematics, Econometrics, Quantities Methods, Statistics and Law with Attorney-at-Law 28. Yasodara B.M.V . Kinsy Rd., Colombo 8 150 OR 29. Holly Family Girls School Wennappuwa 150 30. Viharamahadevi B.M.V . Kandy 149 A Post Graduate Degree at Master’s or higher-level obtained in one of the above disciplines from a recognized 31. Princes of Wales College Moratuwa 148 University. 32. Sri Sangamitta Balika M.V . Matale 148 OR 33. Rippon Balika V . Galle 148 1.1.2 Passed Finalist of one of the following professional bodies: 34. Visaka B.V . Sapugaskanda 147 - The Institute of Chartered Accountants of Sri Lanka (ICA-SL) 35. Newstead Balika M.V . Negombo 147 - The Institute of Chartered Accountants of England and Wales (ICA-EW) 36. Hemamali B.M.V . Kandy 147 - The Chartered Institute of Management Accountants (CIMA-UK) - The Association of Chartered Certified Accountants (ACCA-UK) 37. Seethadevi B.M.V . Kandy 145 - The Society of Management Accountants of Sri Lanka 38. Visaka Balika M.V . Bandarawela 144 - The Certified Public Accountants (CPA) USA/Australia 39. Swarnapali Balika M.V . Anuradhapura 140 - Institute of Internal Auditors (Final Examination leading to Certified Internal Audit Certification) - USA 40. Kuda Kusum Balika M.V . Bandarawela 139 - The Association of Investment Management and Research (AIMR), USA leading to the award of charter as a Chartered Financial Analyst (CFA); Boys Schools OR 1. Royal College Colombo 7 174 1.1.3 A Special Degree with 1st Class or 2nd Class (Upper Division) Pass obtained from a recognized university in 2. Dharmaraja V . Kandy 173 Computer Science with a minimum of 1 year experience in developing computer applications for a reputed 3. Ananda College Colombo 10 169 institution with a large computer system or a large networked system; 4. Kingswood College Kandy 168 OR 5. Maliyadeva Boys College Kurunegala 168 1.1.4 A Special Degree with 1st Class or 2nd Class (Upper Division) Pass obtained from a recognized university in 6. D. S. Senanayaka M.V . Colombo 7 165 engineering with specialization in Computer Engineering with a minimum of 1 year experience in designing/ 7. Nalanda M.V . Colombo 10 164 development/installation/maintenance of local area and wide area computer networks. 8. Richmond College Galle 164 OR 9. Rahula College Matara 164 1.1.5 General Degree with 1st Class or 2nd Class (Upper Division) from a recognized university in Computer Science 10. St. Annes M.V . Kurunegala 164 as a subject for the Degree and with a minimum of 2 years experience in developing computer applications for 11. St. Sylvester's College Kandy 162 a reputed institution with a large computer system or a large networked system; 12. Isipathana M.V . Colombo 5 161 OR 13. Thurstan M.V . Colombo 3 160 14. Mahanama M.V . Kollupitiya 158 1.1.6 A Member of the British Computer Society (MBCS) with a minimum of 3 years experience in developing computer applications for a reputed institution with a large computer system or large networked system; 15. Vidyartha College Kandy 158 16. Mahinda College Galle 158 OR 17. Kegalle M.V . Kegalle 156 1.1.7 Associate Member of the Institute of Bankers of Sri Lanka (AIB/DBF-IBSL) or the Chartered Institute of Bank- 18. Asoka V . Colombo 8 155 ers — UK (CIB-UK) with a minimum of 1 year executive experience in a Commercial Bank. 19. St. Thomas Boys College Matara 154 1.2 Age: Below 30 years as at the closing date of the applications (6th April 2007). 20. Bandaranayaka M.V . Gampaha 153 1.3 Remuneration: An all inclusive fixed allowance of Rs. 45,000 per month for the training period of two years during 21. St. Aloysius College Galle 152 which period they will be on probation. Thereafter, they will be absorbed into the Staff Officer Grade I. In addition to the 22. Prince of Wales College Moratuwa 150 other fringe benefits, the gross remuneration of Staff Officer Grade I would be around Rs. 63,500 per month. 23. Joseph Vaz M.M.V . Wennappuwa 154 Mixed Schools 2. Banking Assistants (Trainees) Leading to Non Staff Class 1. Bandarawela M.M.V . Bandarawela 158 Grade II 2. Taxila M.M.V . Horana 157 3. Maliyadeva Model School Colombo Road Kurunegala 156 2.1 Required Qualifications: 4. Dharmapala M.V . Pannipitiya 155 Passed six subjects in G.C.E. (O/L) at one sitting with at least with 5 B Passes including Mathematics, English and 5. Dharmashoka M.M.V . Ambalangoda 153 Sinhala/Tamil, 6. Matara M.M.V . Matara 152 AND 7. Kuliyapitiya M.M.V . Kuliyapitiya 151 At least one of the following qualifications: 8. Anuradhapura M.M.V . Anuradhapura 151 (i) G.C.E. (A/L) at least with 3 C Passes at one sitting. 9. Dharmapala M.V . Bandarawela 151 (ii) CBF of the Institute of Bankers of Sri Lanka (IBSL) 10. Pinnawala M.M.V . Rambukkana 150 (iii) Licentiate of the Institute of Chartered Accountants of Sri Lanka (ICA-SL) 11. Bandaranayaka M.M.V . Veyangoda 149 (iv) Intermediate Stage of the Chartered Institute of Management Accountants (CIMA-UK) 12. Rajakeeya V . Horana 149 2.2 Age: Not less than 18 years and not over 22 years as at the closing date of the applications (6th April 2007). 13. Seevali M.M.V . Hidellana, ratnapura 149 14. Sri Darmaloka M.M.V . Kelaniya 148 2.3 Remuneration: An all inclusive fixed allowance of Rs. 25,000 per month during the training period of two years. 15. C.W.W. Kannangara M.M.V . Mathugama 148 Thereafter, trainees who are found to be suitable will be absorbed into the Non Staff Class (NSC) Grade II level. In 16. Ibbagamuwa M.M.V . Ibbagamuwa 148 addition to the other fringe benefits, the initial gross remuneration of NSC Grade II would be around Rs. 37,000 per month. 17. Ananda V . Chilaw 148 18. Dhammissara M.M.V . Nattandiya 148 Selection Procedure 19. Devananda M.V . Ambalangoda 147 20. Sir John Kothelawala M. Kurunegala 147 By a competitive examination and one or more interviews. 21. Lumbini V . Colombo 5 146 Applications 22. Thakshila M.W. Gampaha 146 23. Weeraketiya M.M.V . Weeraketiya 146 24. Sri Rahula V . Katugasthota 145 If you have the above qualifications and wish to apply, your application in the prescribed form should be sent by registered post to reach the undersigned on or before 06.04.2007. 25. Dudley Senanayake M.M.V . Tholangamuwa 145 26. Japalawatta (Janadipathi) M.M.V . Minuwangoda 144 The prescribed application form could be obtained from the undersigned at the address given below by sending a self- addressed stamped envelope (9"x4" in size). Specified application forms are also available at the following places: 27. Harischandra M.V . Temple Road, Negombo 144 28. Gurukula M.V . Kelaniya 143 • Regional Office • Regional Office 29. Rajakeeya M.M.V . New Town, Polonnaruwa 143 Central Bank of Sri Lanka Central Bank of Sri Lanka 30. Walisinghe Harischandra M.V . Anuradhapura 142 35, Anagarika Dharmapala Mawatha 341, 1st Stage, New Town 31. St. Joseph’s M.V . Bandarawela 138 Matara Anuradhapura 32. Poramadulla M.M.V . Rikillagaskada 136 • Central Bank of Sri Lanka • Centre for Banking Studies Regional Office Central Bank of Sri Lanka 8, Vidyala Place Matale 58, Sri Jayawardenepura Mawatha Rajagiriya Balance of trade in favour of China – Chambers Alternatively, prescribed application forms could also be downloaded from the Central Bank Website. Please indicate name of the post that you are intending to apply on the top left hand corner of the envelope. Any application not meeting the required qualifications or received after the deadline will be rejected without notice. Further, applicants, who do not possess the required qualifications as at the closing date, will not be eligible to apply. The Federation of Chambers of The Federation also said that it was mark in toto the balance of trade does not Commerce and Industry of Sri Lanka, in a appreciative of a tangible development in show a sufficient growth in respect of Sri Any form of canvassing will be a disqualification. statement issued yesterday, on the comple- connection with President Rajapakse’s visit Lanka’s exports. As a result there is no sig- The Bank reserves the right to decide the number of positions to be filled or postpone/cancel the recruitment. tion of the visit by President Mahinda to China and it had gained market access nificant narrowing of trade gap between the Rajapakse to China, said Sri Lanka’s bal- for products from Sri Lanka, as indicated in two countries”, the statement said. ance of trade with China was heavily the official communiqué issued at the con- It also said that under the circumstances Director — Human Resources weighted in favour of China clusion of the visit. the decision of the Chinese Government to “Our exports are virtually stagnant. So The Federation was of the view that provide market access to local products is Central Bank of Sri Lanka, No. 30, Janadhipathi Mawatha, far, Sri Lanka’s own efforts at precise identi- Chinese official intervention could have a potentially beneficial and hoped that the Sri P.O. Box 590, Colombo 01. fication of Chinese markets for local prod- positive impact on the current picture of Lanka export trade will soon take adequate Telephone: 2477225, 2477573 Fax: 2477715, e-mail: email@example.com Central Bank Website: http://www.cbsl.lk ucts have not met with the required degree trading between the two countries. ”Though measures to initiate action in order to capi- of success”, the statement said. such trading exceeded the billion dollar talize on this development.