Uthum Herat
{{Infobox officeholder
| honorific-prefix = Dr.
| name = Amal Uthum Herat
| honorific-suffix =
| image = UTHUM.HERAT.jpeg
| imagesize =
| smallimage =
| caption =
| office = Deputy Governor Central Bank of Sri Lanka
| term_start = 27 May 2009
| term_end = 23 October 2009
| succeeding =
| predecessor = Ranee Jayamaha
| successor = Priyantha Fernando
| order2 =
| office2 = Alternate Executive Director International Monetary Fund
| term_start2 =
| term_end2 =
| governor2 =
| birth_date = {{birth date|1957|9|15|df=y}}
| death_date = {{death date and age|2009|10|23|1957|9|15|df=y}}
| alma_mater = S. Thomas' Preparatory School, Kollupitiya, S. Thomas' College, Mt. Lavinia, University of Sri Jayawardenapura, Purdue University
| profession = Economist
}}
Amal Uthum Herat (15 September 1957 – 23 October 2009) born in Colombo, Sri Lanka was Deputy Governor of the Central Bank of Sri Lanka and Alternate Executive Director of the International Monetary Fund.{{cite web|url=http://www.cbsl.gov.lk/info/02_prs/p_1.asp?yr=2009 |title=Dr Uthum Herat the Deputy Governor of the Central Bank Passed Away |access-date=2009-10-24 |date=23 October 2009 |publisher=Central Bank |url-status=dead |archive-url=https://web.archive.org/web/20091003102623/http://www.cbsl.gov.lk/info/02_prs/p_1.asp?yr=2009 |archive-date=October 3, 2009 }}{{cite web |url=http://www.bicusa.org/en/Article.3063.aspx|title=IMF Executive Directors Directory:Amal Uthum Herat|access-date=2009-11-08 |date=September 2007|publisher=Bank Information Center }}
School education
Uthum Herat received his early education at St. Thomas' Preparatory School in Kollupitiya and St Thomas' College, Mt. Lavinia.
He was a school prefect{{cite web|url=http://www.tyretracks.com/showthread.php?t=755
|title=School prefects |publisher= Tyretracks.com |access-date=2014-04-10}} a member of the English Debating and Drama Societies, (with Chanaka Amaratunga, RD Gunaratne and Richard de Zoysa), a member of the Classical Quiz competition team which won the National competition (with Rohan Edirisinghe, Richard de Zoysa, RD Gunaratne, Chanaka Amaratunga and Devaka Fernando)Rohan Edirisinghe: Those memorable days in the 1970's St Thomas' College Mount Lavinia, in The History of the Old Boys' Association, MD Gunasena &Co 1985 page 172{{cite web|url= http://www.tyretracks.com/showthread.php?p=972|title= Funeral Oration delivered by RD Gunaratne at Thanksgiving Service Dr Uthum Herat |publisher=tyretracks.com |access-date=2011-05-28}} a member of the Science Quiz team which reached the semi-finals of the national competition (with RD Gunaratne Professor Chandu de Silva and Devaka Fernando). He was a committee member of the English Drama Society, represented the college in Chess, was secretary of the Chess Club and was awarded colours in Chess in 1975.Centenary Issue S Thomas'College Magazine Term 1 1976
other classmates included Russell de Mel and Duleep Goonewardena .{{cite web|url= http://www.tyretracks.com/showthread.php?t=121|title= D.S.Jayasekera-Unassuming in disposition, he walked tall.Daily Mirror, 24 August 2006|publisher=tyretracks.com |access-date=2011-07-15}}
His teachers included D.S. Jayasekera, ECK Abayasekera and Duleep De Chickera. Ivan Corea{{cite web|url= http://archives.dailynews.lk/2009/11/10/fea31.asp
|title= Tribute Dr. Uthum Heart (1957-2009) Daily News Tuesday, 10 November 2009|publisher= dailynews.lk |access-date=2014-04-10}} recollects Hearts contributions as a member of the Student Christian Movement. Herat was awarded the Bishop's Senior Divinity Prize and the HL Wendt Memorial Scholarship and served as Secretary of the Student Christian Movement.
University education
{{Unreferenced section|date=March 2017}}
Herat entered the university of Jaffna but transferred to the University of Sri Jayawardenapura and was awarded a BSc degree with first class honours by the University of Sri Jayawardenapura. He was later awarded MSc and PhD from Purdue University in the United States.
Career with the Central Bank of Sri Lanka
Herat was one of Sri Lanka's leading figures in the world of banking. Having served the Central Bank of Sri Lanka with distinction for 26 years he was appointed Deputy Governor, the highest office for a career central banker in Sri Lanka, on 27 May 2009.{{cite web |url=http://sundaytimes.lk/090405/FinancialTimes/ft340.html|title=Four new Deputy Governors of the Central Bank |access-date=2009-10-24 |date=5 April 2009|publisher=Sunday Times, Sri Lanka }}
As Deputy Governor, Herat was in charge of financial system stability, and chaired the Financial Stability Committee, and also served on many key committees within the Central Bank including the Monetary Policy Committee and Foreign Exchange Management Committee. He was also the ex-officio Chairman of the Credit Information Bureau of Sri Lanka and the National Payment Council.
Prior to his appointment as Deputy Governor, Herat worked in the Statistics Department, and the Economic Research Department. While in Economic Research Department, he served as the Head of International Finance, Head of Money and Banking, Deputy Director, Additional Director, and as Director of Economic Research. In 2004, Herat was released to the International Monetary Fund to serve as Alternate Executive Director for Bangladesh, Bhutan, India, and Sri Lanka. Upon his return to the Bank in 2007, Herat assumed office as Assistant Governor in charge of Bank Supervision Department, Supervision of Non-Bank Financial Institutions Department, Financial Stability Departments and several operational departments within the Central Bank of Sri Lanka.
Dr. Herat was also the Chairman of the Institute of Bankers of Sri Lanka (IBSL) since July 2009.{{cite web |url=https://archives.sundayobserver.lk/2009/07/26/fin40.asp|title=IBSL gets new Chairman and Vice Chairman |access-date=2009-10-25 |date=26 July 2009|publisher=Sunday Observer, Sri Lanka }}
He was a much loved and deeply respected official of the Central Bank of Sri Lanka{{Cite web |title=Appreciation - Thank You Uthum Aiya (Nelun Herat) The Island Sri Lanka |url=http://pdfs.island.lk/2009/10/29/p10.pdf |archive-url=https://web.archive.org/web/20160303215104/http://pdfs.island.lk/2009/10/29/p10.pdf |archive-date=2016-03-03 |access-date=2025-02-07 |website=pdfs.island.lk |url-status=live }}
Author
{{Unreferenced section|date=December 2016}}
Uthum Herat was an author on financial matters writing for both national and international magazines and newspapers - in the areas of monetary policy, foreign exchange market, financial sector reforms, money laundering, Central Bank independence, economic growth, exchange rate, financial market deployment, unemployment and savings and investments.
He was an educator, sharing his expertise with university students in Sri Lanka - Dr. Herat was a visiting lecturer at the University of Colombo and the University of Moratuwa in Sri Lanka, South East Asian Central Banks Research and Training Centre (SEACEN) in Kuala Lumpur, Malaysia, and the Institute of Chartered Accountants of Sri Lanka. He was also an Associate Member of the Chartered Institute of Management Accountants in the United Kingdom.
Lay preacher
Herat was a committed Christian and a man of faith.{{cite web |url=http://www.dailynews.lk/2009/11/10/fea31.asp|title=Tribute: Dr. Uthum Herat (1957-2009)|access-date=2009-11-13 |date=10 November 2009|work=Daily News, Sri Lanka }} He was a Lay Preacher at the Methodist Church in Mount Lavinia. Church life was an integral part of Dr Herat, over the years he had led the Youth Fellowship, he was also General Superintendent of the Sunday School.{{cite web |url=http://www.sundaytimes.lk/091108/Plus/plus_07.html|title=A man who lived after the manner of his name "Uthum"|access-date=2009-11-08 |date=8 November 2009|publisher=Sunday Times, Sri Lanka }} In April 1974 he represented St.Thomas' College, Mount Lavinia in a dramatised act of Easter Worship, ' Breakdown and Breakthrough,' directed by Gillian Todd and held at the Anglican Cathedral of Christ the Living Saviour, in Colombo.{{cite web|url=http://www.lastingtribute.co.uk/tribute/herat/3176493 |archive-url=https://archive.today/20120804052438/http://www.lastingtribute.co.uk/tribute/herat/3176493 |url-status=dead |archive-date=2012-08-04 |title=Lasting Tribute:Dr.Uthum Herat |access-date=2009-11-08 |date=October 2009 |publisher=Associated Northcliffe Digital Limited, London, UK }}
Death
At the age of 52, having been hospitalized after a stroke, Uthum Herat died on 23 October 2009 at a private hospital in Colombo. He is remembered not only for his service as a central banker but also for his charitable work in Sri Lanka.
See also
References
{{reflist|2}}
External links
{{sisterlinks}}
- [https://www.facebook.com/pages/uthum-heart#!/pages/Uthum-Herat/106100819421245?ref=ts Facebook Interest Page on Uthum Herat]
{{authority control}}
{{DEFAULTSORT:Herat, Uthum}}
Category:Sri Lankan economists
Category:Sri Lankan Christians
Category:People from Dehiwala-Mount Lavinia
Category:Alumni of S. Thomas' Preparatory School, Kollupitiya