Allianz Lanka appoints new Deputy CEO for Life Insurance arm

Industry veteran Nihal Handunge has been appointed as the Deputy CEO for Allianz Life Insurance Lanka Ltd.

With this new appointment, Handunge will take the responsibility of overseeing the growth strategy of the business along with the overall management responsibility of Allianz Lanka’s Life operations in Sri Lanka. 

Allianz Insurance Lanka CEO/Director and Non-Executive Director Gany Subramaniam said: “Bringing vast amounts of experience from the insurance sector as well as from Allianz Lanka’s own operations, the appointment of Nihal Handunge as the Deputy CEO for Allianz Life Insurance Lanka is a decision that the Board has made with great confidence.”

“As we are currently well inclined to meet our strategic priorities in the market, I look forward to working with Nihal to ensure that our operations continue to succeed,” Subramaniam added.

Handunge is a multi-disciplined professional with 36 years of experience in Life Insurance sales, distribution and operations. Out of this, 32 years of his career have been dedicated to corporate management, where he contributed significantly to the growth strategy of the companies he worked for.

After joining Allianz Lanka in December 2016 Handunge established a resolute and unparalleled management style which has directly contributed to continuous growth, consistency, productivity and process development for revenue increments in the life insurance business of Allianz Lanka.