Colombo, Sri Lanka, 13th August, 2021: Leading insurer Janashakthi Insurance PLC, announced the appointment of Anil Tittawella as the company’s Chairman with effect from 11th August 2021. Anil Tittawella succeeds Prakash Schaffter, as he steps down from his role as the Executive Chairman. Prakash Schaffter will continue to function as the Executive Deputy Chairman of Janashakthi Insurance PLC.
“It is my great pleasure to welcome Anil Tittawella to Janashakthi Life as he takes charge as the Chairman of Janashakthi Insurance PLC to lead us as we continue to pursue our growth journey. His leadership coupled with our strengths as a member of the Janashakthi Group will enable us to access expertise across the group businesses to identify new opportunities for sustained growth. We are confident that he will be a force in driving Janashakthi Life forward, ushering in a new era in Janashakthi Life’s ongoing legacy” commented Prakash Schaffter, Executive Deputy Chairman of Janashakthi Insurance PLC.
“I am delighted to be taking on the role of Chairman at Janashakthi Life and to be working closely with the Management team as we enter the next growth phase of its journey. My time in the Group has already shown me that Janashakthi Life is well positioned to capitalise on its strengths. As such, accelerating the execution of the company’s strategic priorities and reinforcing our position as one of the leading insurers in Sri Lanka is a key focus area as I take on this new role”, said Anil Tittawella, Chairman of Janashakthi Insurance PLC.
A renowned lawyer in Sri Lanka and a President’s Counsel, Anil Tittawella holds a Master of Laws (Hons) from the University of Waikato, New Zealand. With a career spanning three decades, he has extensive experience in commercial and corporate law. He brings to the table significant legal, regulatory and corporate experience, together with extensive knowledge in corporate transformation trends. Anil holds several Board roles and directorships and is also the Chairman of Orient Finance PLC which is a Janashakthi Group company.
Furthermore, Ramesh Schaffter stepped down from the Board with effect from 11th August 2021 having served on the Board of Janashakthi Insurance PLC as a Director for 17 years. With the recent changes, the Board of Directors of Janashakthi Insurance PLC comprises of Anil Tittawella, Prakash Schaffter, Ravi Liyanage, Nathan Sivagananathan, Avindra Rodrigo, Deshal de Mel, Mahela Jayawardena, Warini De Costa, Dinesh Schaffter and Annika Senanayake.