He is a past President of the Institute of Chartered Accountants of Sri Lanka and is also a director in many listed and unlisted companies.
Rajapaksa who has immense experience in the accounting trade is considered a talented professional.
However, media reports earlier suggested that former National Child Protection Authority Chairman Jagath Wellawatte would be appointed as the Chairman of the People’s Bank.
Subsequent to Rajapaksa being appointed as the Chairman of People’s Bank, Jagath Wellawatte has been appointed as the Chairman of Sri Lanka Insurance Corporation.
Previously during the Rajapaksa regime Wellawatte had served as the Chairman of the State Mortgage and Investment Bank.
The Chairman of Soft logic Ashoka Pathirage has been appointed as the Chairman of Sri Lankan Airlines.