He refuted reports that he would be appointed chairman of the Board of Investment.
However, Mahendran will be function in a 12-member committee appointed by prime minister Ranil Wickremesinghe to deal with the effects Sri Lanka will face economically as a result of Britain’s exit from the European Union.
Its report will be handed over within two weeks, said Mahendran.
He said he was awaiting the outcome of the COPE inquiry into the charges against him.
Already cleared of these charges by the Supreme Court, Mahendran said, COPE’s clearance of him from wrongdoing would help him to safeguard his image in the international financial sector.