August 09, 2023: Arpico Insurance PLC, one of Sri Lanka’s most renowned Life Insurers, announced the appointment of Ramal Jasinghe as its new non-executive Chairman of the Board. Effective 5th July 2023, Jasinghe succeeds Viville Perera, who retired after serving as Chairman for several years.
Commenting on his latest role, Ramal Jasinghe said, “With Group Chairman Dr. Sena Yaddehige as its visionary, Richard Pieris & Company PLC as it’s foundation and the opportunity to work once again with my former colleague Dr. Kelum Senanayake at its helm, I am delighted to embark on this remarkable journey with Arpico Insurance PLC. The Company holds immense potential for growth and success and I place every confidence on the senior management team and their superior capabilities, which I believe will help drive the vision of making Arpico Insurance one of the most profitable companies within the industry. With all these exceptional elements to support me, I am sure that value, security and service offered to our customers will be redefined at Arpico Insurance”.
Commenting on the appointment, Chief Executive Officer & Principal Officer, Dr. Kelum Senanayake said, “We are pleased to welcome Ramal Jasinghe as the Chairman of Arpico Insurance PLC. With his extensive experience and expertise in the Insurance industry, we are confident that he will enhance the drive of the Company towards greater achievements. His proven track record of success and his unwavering commitment to organisational excellence align perfectly with the Company’s core values and strategies. We believe that, under his guidance, our trajectory of growth and success will endure to strengthen our position as one of the most trusted Life Insurance Companies in Sri Lanka.”
Ramal Jasinghe brings with him an illustrious career spanning over 25 years in the Insurance industry. His journey began at Union Assurance, and he subsequently held prominent positions including Director / CEO at Asian Alliance Insurance and went on to serve at Fairfirst Insurance, leaving an indelible mark of excellence at each step of his career. He holds an MBA from the University of Sri Jayewardenepura and is a distinguished Fellow of the Chartered Institute of Marketing, UK. Additionally, Ramal had his management training at Stanford University in California, USA and the Indian Institute of Management (IIM) in Ahmedabad, India. His commitment to continuous self-development is reflected in his current roles as Senior Ambassador of the Chartered Institute of Marketing, UK and his appointment to the Education Reforms Committee of the Sri Lanka Institute of Marketing (SLIM). Furthermore, he has served as the President of the Sri Lanka Insurance Association.
As a subsidiary of Richard Pieris & Company PLC, one of Sri Lanka’s largest diversified conglomerates with a 90-year legacy, Arpico Insurance PLC has consistently upheld its commitment to delivering world-class Insurance solutions to its customers. The combining of the strengths of the new Chairman and the CEO, together with their extensive experience and track record of excellence in the Insurance industry, displays the Company’s commitment to charting a new era of growth and success.