HNB Assurance PLC Group announces the appointment of Prasantha Fernando as the Chief Executive Officer of its Life and General Insurance businesses succeeding Deepthi Lokuarachchi who served the Group in the capacity of Managing Director/CEO.
In line with the Group’s retirement policy, Lokuarachchi will be stepping down from his position with effect from July 20, 2020 upon reaching the age of 55.
Prasantha Fernando, career insurance professional joined HNB Assurance as General Manager - Life in March, 2012 and has been serving the Company since then. He holds a Bachelor’s Degree in Mathematics and Statistics awarded by the University of Colombo and is also a Chartered Insurer with the Associateship of the Chartered Insurance Institute, UK.
Prior to his engagement with HNB Assurance, he served Aviva NDB Insurance since 1992 when it was known as CTC Eagle Insurance. Fernando has also served the Association of Chartered Insurance Professionals as a Founding Member and was a past Chairman of the Life Insurance Forum of the Insurance Association of Sri Lanka and is an Executive Committee Member of the Insurance Association of Sri Lanka.
HNB Assurance PLC (HNBA) is one of the fastest growing Insurance Companies in Sri Lanka with a network of 63 branches. HNBA is a Life Insurance company with a rating of A (lka) by Fitch Ratings Lanka for ‘National Insurer Financial Strength Rating’.
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