Business

Janashakthi Life makes new additions to its Board

Mahela Jayawardena

Janashakthi Insurance PLC announced new additions to its Board with the appointment of five new directors; Mahela Jayawardena, Warini De Costa, Annika Senanayake, Dinesh Schaffter, and Ravi Liyanage. While the new appointments to the Board of Directors were in effect from 5 July 2021, they are subject to regulatory approval.

Warini De Costa

“We are pleased to welcome Mahela to the Janashakthi Life Board. His long history of leadership as a legendary cricketer, coupled with his managerial expertise as an entrepreneur will be invaluable to Janashakthi Life as we continue to evolve and build deeper relationships with our policyholders as a purpose driven insurer. With their backgrounds in Marketing and Finance, Annika and Warini bring expertise to our Board that strengthen Janashakthi Life’s commitment as we continue to deliver value to all stakeholders. Dinesh and Ravi have decades of financial and managerial experience which will provide valuable strategic guidance as we continue to pursue our growth journey” commented Janashakthi Insurance PLC Chairman Prakash Schaffter.

Annika Senanayake

In conclusion he further added: “This transition in leadership is the beginning of a new growth phase at Janashakthi Life. During the past three years, since we renewed our sole focus on Life Insurance, we have invested in exploring the full potential of our organisation while identifying new opportunities and strategic priorities for growth. We strongly believe that our renewed leadership team will be an asset to Janashakthi Life as we continue to accelerate the execution of our strategic priorities to expand our presence in the Life Insurance segment. The addition of these five individuals will create a new dynamic within the Board, ushering in a new era in Janashakthi Life’s ongoing legacy.”

Ravi Liyanage

With the recent appointments, the Board of Directors of Janashakthi Insurance PLC comprises of Prakash Schaffter, Ravi Liyanage, Ramesh Schaffter, Nathan Sivagananathan, Avindra Rodrigo, Deshal de Mel, Mahela Jayawardena, Warini De Costa, Dinesh Schaffter, and Annika Senanayake. 

Dinesh Schaffter

These appointments were announced during the Board meeting following the 28th Annual General Meeting (AGM) which was successfully live streamed from the Janashakthi Life head office on 5 July 2021. The AGM was hosted live for shareholders on a virtual platform allowing an interactive session in compliance with the precautionary measures to combat the ongoing Covid-19 pandemic.