Renuka Weerakone has been formally appointed as the Director General of the Board of Investment (BOI) of Sri Lanka, marking a significant leadership transition at the country’s primary investment promotion agency.
Weerakone had served in the role in an acting capacity for nearly four years prior to this appointment. Her confirmation to the position reflects the Government’s recognition of her extensive institutional knowledge and long-standing contribution to Sri Lanka’s investment landscape.
With more than three decades of experience at the BOI, Weerakone has held several senior positions within the organisation. Before assuming duties as Acting Director General, she served as the Senior Executive Director of the BOI, where she was closely involved in investment facilitation, policy coordination, and strategic initiatives aimed at attracting foreign direct investment to Sri Lanka.
Her appointment comes at a critical time as the country seeks to strengthen investor confidence and accelerate economic recovery through increased foreign and domestic investment. The BOI plays a pivotal role in promoting Sri Lanka as an attractive destination for global investors, particularly in sectors such as manufacturing, technology, tourism, and logistics.
Meanwhile, the position of BOI Chairman remains vacant. The Government has yet to announce a new appointment nearly one and a half months after the post fell vacant, leaving the institution without a formally designated chairperson during this transitional period.
