Lasitha promoted as COO and Principal Officer at HNB Assurance

HNB Assurance PLC (HNBA) yesterday announced the promotion of Lasitha Wimalaratne as its Chief Operating Officer and Principal Officer with effect from 21 July 2020. Lasitha who joined HNB

Lasitha Wimalaratne

Assurance as Deputy Chief Operating Officer on 4 March 2019 was instrumental in developing revolutionary products such as PrivilegedLife and SupremeHealth Benefit which took the industry by storm. 

His strategic direction has contributed to the growth of the Company in several ways. Under his guidance HNBA recorded a New Business Premium growth of 27% in 2019 and produced 75 Million Dollar Round Table Qualifiers. With professional experience of over 22 years, of which over 19 years in Life Insurance Operations, Lasitha has held many key positions in both local and international entities including seven years at AIA Insurance Sri Lanka and three years in Sales and Marketing exposure in London.

Prior to his appointment at HNBA, Lasitha served Softlogic Life Insurance PLC in the capacity of General Manager and Specified Officer overseeing Life Operations. Having graduated from the University of Sunderland, UK with a Bachelor of Arts Degree in Business Studies, Lasitha obtained his Master of Business Administration Degree from the University of Wales, UK.

A Chartered Insurer and a Fellow Member of the Chartered Insurance Institute, UK (FCII), Lasitha is also a fellow member of the Australian and New Zealand Institute of Insurance and Finance (AZIIF-Fellow) and an Associate Member of the Chartered Institute of Marketing, UK (ACIM).

Lasitha is the current Honorary President of the Sri Lanka Insurance Institute (SLII) and has been serving SLII as a Council Member since 2011. He was also the Founding Secretary General of the Association of Chartered Insurance Professionals (ACIP) and is a current Council Member of ACIP. 

Lasitha has been a part of several local and international Insurance Seminars and has been a Guest Speaker and a Panelist at several conferences, including the Insurance Claims and Underwriting Management Asia Summit 2017, which was held in Singapore and he was the first to publish a book on insurance in a local context, titled ‘Jeewitha Rakshanaye Asiriya’, which highlights the importance and benefits of life insurance.