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Lasitha Wimalaratne appointed CEO of HNB Assurance

04 Jan 2022

Lasitha Wimalaratne was appointed as the Chief Executive Officer (CEO) of HNB Assurance PLC (HNBA), effective 1 January 2022. Moreover, HNB General Insurance Ltd. (HNBGI) too announced the appointment of Sithumina Jayasundara as its CEO effective 1 January 2022. Wimalaratne, an alumnus of Mahinda College, Galle, is decorated by a professional profile spanning over 24 years, out of which he holds 21 years of experience in life insurance operations and sales inclusive of seven years at AIA Insurance Sri Lanka, whilst also gaining three years of marketing and sales exposure in London. Prior to joining HNBA in 2019, Wimalaratne conducted duties as the General Manager – Life Operations and Specified Officer at Softlogic Life Insurance PLC. Having joined HNBA as its Deputy Chief Operating Officer (COO), Wimalaratne was promoted to the position of COO and Principal Officer in 2020. Having graduated from the University of Sunderland, UK with a Bachelor of Arts in Business Studies, Wimalaratne obtained his Master in Business Administration degree from the University of Wales, UK. He is a chartered insurer, a fellow member of the Chartered Insurance Institute, UK (CII) and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF – Fellow), and an Associate Member of the Chartered Institute of Marketing, UK (ACIM). Wimalaratne is the current Secretary of the Insurance Association of Sri Lanka (IASL) and the Immediate Honorary Past President of the Sri Lanka Insurance Institute (SLII), and has been serving SLII as a Council Member from 2011. Moreover, he was also the Founder Secretary General of the Association of Chartered Insurance Professionals (ACIP) and a Council Member of ACIP until March 2021. Wimalaratne has been a part of several local and international insurance seminars and has been a guest speaker and panellist at several conferences including the Insurance Claims and Underwriting Management Asia Summit 2017 held in Singapore. Furthermore, he was the first to publish a book on insurance in a local context, titled Jeewitha Rakshanaye Asiriya, which highlights the importance and benefits of life insurance. Moreover, an alumnus of St. Anthony’s College, Kandy, Jayasundara counts over 24 years of experience in the insurance industry. Prior to joining HNB General Insurance Ltd., he has led many teams and held several key positions related to non-life at Asian Alliance Insurance PLC, MBSL Insurance Co. Ltd., Janashakthi Insurance Co. Ltd., and Eagle Insurance PLC. Jayasundara has obtained foreign exposure through different training programmes and conferences related to general insurance and specialises in the field of reinsurance. 


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