20 hours Ago
Janashakthi Insurance PLC yesterday announced the appointment of Annika Senanayake as the new Chairperson, effective 1 January 2025. Senanayake, with over 15 years of extensive experience at the IWS Holdings Group, a diversified conglomerate, involved in sectors that include telecommunications, warehousing and logistics, media and broadcasting, automobiles, aviation, warehousing, food and beverage processing, and packaging, brings invaluable leadership to Janashakthi Insurance. Her wide-ranging expertise in corporate planning and strategic growth will play a pivotal role in guiding the company through its next phase of development.
In her new role as Chairperson, Senanayake is poised to bring a wealth of visionary insight to Janashakthi Insurance, reinforcing the company’s leadership team. Her proven track record in managing complex, multifaceted businesses will provide strategic direction and support as Janashakthi continues to expand its footprint in Sri Lanka’s competitive insurance market. She currently serves as a Director at IWS Holdings Ltd.
, RAD Productions Ltd., RAD Productions USA LLC, Ceylon Natural Rubber Ltd., Scan Furniture Ltd.
, and is a Committee Member of the Young Directors Forum at The Sri Lanka Institute of Directors (SLID). Her extensive background also includes notable past roles, such as serving as an Independent, Non-Executive Director at Sampath Bank PLC until her retirement in 2020, as well as the CEO of ART Television Broadcasting Co. Senanayake’s broad leadership experience across diverse sectors positions her to provide valuable insights and strategic direction for Janashakthi Insurance’s continued success.
Janashakthi Insurance PLC Executive Deputy Chairman Prakash Schaffter said: “I am delighted to welcome our new Chairperson, Annika Senanayake, to the Janashakthi Insurance family. Her exceptional leadership experience, coupled with her diverse skill sets across multiple industries, will be invaluable as we navigate the company’s future growth trajectory. Annika’s strategic vision and deep understanding of business dynamics will undoubtedly contribute to strengthening Janashakthi Insurance’s position in the market.
On behalf of the entire Janashakthi Insurance family, I wish her all the very best.” Senanayake said: “I consider it a privilege to assume the role of Chairperson at Janashakthi Insurance PLC, a company that has been a key industry player for over three decades and has continuously advanced its legacy of excellence in the insurance field. I am grateful for the opportunity to work alongside a dedicated team as we drive Janashakthi Insurance’s strategic vision forward and achieve new levels of success.
” Senanayake’s appointment as Chairperson of Janashakthi Insurance follows a distinguished line of leadership, with the company having been stewarded by respected figures such as Deshamanya Nissanka Wijewardane, W.T. Ellawala, Hussien Esufally, and Anil Tittawela, PC.
This continuity in leadership provides a solid foundation for the company’s stability, while Senanayake’s fresh, visionary approach ensures a dynamic and forward-looking direction for Janashakthi Insurance’s future. Schaffter, who has been serving as Acting Chairman, will continue in his role as Executive Deputy Chairman, ensuring a smooth transition and ongoing strategic oversight as Senanayake steps into her new position. With her vast experience and strong leadership skills, Senanayake is set to drive Janashakthi Insurance into its next chapter, continuing its legacy of excellence in the insurance sector.
From 1 January 2025, the Janashakthi Insurance PLC Board of Directors comprises Annika Senanayake, Prakash Schaffter, Ravi Liyanage, Ramesh Schaffter, Warini De Costa, Sivakrishnarajah Renganathan, Dr. Nishan de Mel, Dr. Gehan Gunatilleke, and Dilip de S.
Wijeyeratne..
