Our Leadership
We are led by a team driven by the vision of providing every Sri Lankan family with a life insurance policy that will put them on track to de-risk their goals. Led by Mr. R. Renganathan as Executive Chairman, a pioneer of both Ceylinco Life and Sri Lanka’s life insurance industry, the Leadership team is comprised of qualified and well-experienced industry professionals, who are focused on innovation and progress for all stakeholders.
Chairman's Message
"Don’t be afraid to give up the good to go for the great"
John D. Rockefeller
“Marking thirty-five years of excellence in trusted protection and instilling lasting positive change in millions of lives. The year marking such milestones was also one laden with distinct challenges, which nonetheless proved the proficiency of Ceylinco Life in resilience and stability. The acumen, ethics and versatility of Ceylinco Life’s leadership over the years have enabled the Company to forge ahead, charting a unique course in the life insurance sector in Sri Lanka through its three and a half decades of presence”
CEO Message
"Tough times never last, tough people do"
Dr. Robert H. Schuller
“our leadership’s awareness of evolving conditions, a well-articulated strategy and a versatile team committed to
delivering on the brand promise allowed us to overcome these obstacles. Despite the national economy contracting, Ceylinco Life achieved impressive results. On the top line, our Gross Written Premium grew by 14.6%, while our bottom line was remarkable with Rs. 8.4 Bn in pre-tax profits and Rs. 5.8 Bn in after-tax profits.“
Board of Directors
As a Chartered Accountant by profession, Mr R. Renganathan joined the Company at the inception, and he now leads Ceylinco Life Insurance Ltd as its Executive Chairman. Having been at the helm from the inception of the Life Insurance operation in 1988, subsequent to the privatisation of the life insurance industry, he has steered the company with the vision of providing life insurance to every household in Sri Lanka. By launching innovative products and services for the varying needs of the insurable population of Sri Lanka, he has led Ceylinco Life to provide life insurance to 1 million breadwinners islandwide. His financial acumen and foresight have resulted in Ceylinco Life amassing a Life Fund of over Rs 100 billion while having been in the life insurance business for only 34 years. Further, he and his management team have led Ceylinco Life to retain Market Leadership in the industry in Sri Lanka for the past 17 years, consecutively. While Ceylinco Life’s subsidiary, Ceylinco Healthcare Services Ltd offers state of the art equipment and facilities to those afflicted with cancer, Mr Renganathan, with his foresight, has set up “A Home Away from Home” for active retirees at its other subsidiary, Serene Resorts Ltd, and it is now ready to render a service to the ageing population at its luxuriously equipped salubrious resort ‘La Serena’ located in Uswetakiyawa a mere 9 miles from Colombo.
Appointed to the Board in 2014, Mr Ranasinghe serves as the Managing Director/ Chief Executive Officer of Ceylinco Life Insurance Limited. Mr Ranasinghe joined Ceylinco Limited as a Product Manager in 1986. Counting over 35 years in sales, marketing and strategic planning, he is one of the pioneer members who set up Ceylinco Insurance PLC. He also serves as a Director of Ceylinco Healthcare Services Limited. As a Founder Member of the Chartered Institute of Marketing, Sri Lanka, Mr Ranasinghe has held several senior positions in its Executive Committee, including the post of Senior Vice Chairman. Mr Ranasinghe holds an MBA from the Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura and is a Chartered Marketer and a Fellow of the Chartered Institute of Marketing, UK.
Appointed to the Board in 2014, Mr Cooray is the Head of Human Resources and Training, having joined Ceylinco Insurance as Assistant Manager – Training in 1987. Mr Cooray has played a key role in setting up the sales force at Ceylinco Life. He serves the Board of Ceylinco Insurance PLC as a Director since 2001. An internationally reputed speaker on life insurance, Mr Cooray was the first South Asian non-member to address the Million Dollar Round Table (MDRT), a prestigious international life insurance convention. Mr Cooray is a fellow of the Life Underwriters Training Council, USA (LUTCF) and a Chartered Insurance Agency Manager (CIAM).
Appointed to the Board in 2014, Mr Palitha Jayawardena is the Chief Financial Officer of Ceylinco Life Insurance Limited. He joined the Life Division of Ceylinco Insurance PLC in 1990 as Chief Accountant (Branches) and counts over 27 years experience in the finance industry. Mr Jayawardena also serves as a Director of Ceylinco Healthcare Services Limited and Ceylinco Insurance PLC. He is a Fellow of The Institute of Chartered Accountants of Sri Lanka and a Fellow of The Institute of Certified Management Accountants, Sri Lanka.
Appointed to the Board in 2014, Mr Abeynayake is the Deputy Chief Financial Officer of Ceylinco Life Insurance Limited. Having joined the Life Division of Ceylinco Insurance PLC as a Financial Accountant in 1998, he counts over 18 years experience in finance. He also serves as Chairman of Citizens Development Business Finance PLC and Ceylinco Insurance PLC. Mr Abeynayake holds an MBA from the Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura. He is a Fellow of The Institute of Chartered Accountants of Sri Lanka and the Institute of Certified Management Accountants, Sri Lanka.
He has substantial professional, experience in Banking, covering all aspects of International Trade, Off-shore Banking, Credit, Operations and Information Technology, covering a period of 37 years. He holds a Bachelor’s Degree from the University of Peradeniya and an Executive Diploma from University of Colombo.
Mr. Fernando is an Aviation Industry technical professional with 38 years of Aircraft Engineering experience with Air Lanka and Sri Lankan Airlines. A highly motivated Leader who guided every department in the Engineering Division to consistently achieve best results in engineering and maintenance service deliverables, with innovation and best practices that resulted in an unblemished record of accident-free flight operation.