HNBA News

HNB  Assurance  PLC  (HNBA)  announced  the  appointment  of Mr. Ravi Abeysuriya as a Non-ExecutiveIndependent Director.This appointment   is   made   subject   to   the   approval   of   the Insurance Regulatory   Commission   of   Sri   Lanka.Accordingly,   the   Board   of Directors   of   HNBA   comprises   of   Mrs.   Rose   Cooray,   Mr.   Sarath Ratwatte,  Mr.  Mahendra  Jayasekera, Mr.  Dilshan  Rodrigo,  Mrs.  SiromiWickramasinghe, Dr. Sivakumar Selliah, Mr. Deepthi Lokuarachchi, Mr. Rajive Dissanayakeand Mr. Ravi Abeysuriya. A Fellow Member of the Chartered Institute of Management Accountants,Chartered Financial Analyst  and  an  MBA  holder  ofMonash  University,  Australia,  Mr.  Abeysuriya currently  holds the position of Group Director of Candor Group, one of the largest listed companies in Kuwait. Mr.  Abeysuriya  is  currently  responsible  for  private equity  investments  for  a  200  MN  Dollar Private  Equity  Fund.  Prior  to  his  current  role,  Mr.  Abeysuriya  served  Hayleys  Group  as  the Head  of  Strategic  Business  Development,  JP  Morgan  as  the  Head  of  Corporate  Finance  and was  the  Managing  Director  of  Amba  Research  Lanka  and  was  the  Managing  Director/CEO  of Fitch Ratings Lanka. Mr. Abeysuriya has held several senior positionsin Private Equity Investment, consulting the World Bank andthe Government of Sri Lanka and has functioned as a permanent member of the Financial Sector Reforms Committee (FSRC), a Prime Ministerial Task Force appointment. Mr.   Abeysuriya   was   appointed   a   Commission   Member   of   the   Securities   and   Exchange Commission  of Sri  Lanka.  He  was  appointed as a  Director  of  Sri  Lanka  Insurance  Corporation and  was  the  Chairman  of  the  Investment  Committee.  In  addition,  Mr.  Abeysuriyawas  the immediate   past   President   of   Colombo   Stock   Brokers   Association.   Former   President   of Chartered Financial AnalystSociety of Sri Lanka, President of IT Enabled Services Association(ITESA) and  Vice  President  of Sri  Lanka  Association  of  Software  and  Service  Companies(SLASSCOM)and   is   the   current   President   of   the   Association   of   Alternative   Financial Institutions  and  a  Member  of  the  National  Agenda  Committee  of  the  Ceylon  Chamber  of Commerce.

The  Life  Claims  Department  of HNB    Assurance    PLC    (HNBA)obtainedthe    certification    in compliance with ISO 9001  : 2015 for  its service  standards.    TheLife Claims Departmentqualifiedfor   this   certification upon being independently audited and meeting the specific criterion.The   certification   was   issued   for   the   Claims   Process   followed throughout,from claim intimation to claim settlement. Sharing his thoughts, Managing Director/CEO of HNBA and its fully owned subsidiary HNB  General  Insurance  Limited,  Deepthi  Lokuarachchistated  “our primary goalin customerservicehas   always   been   focused   on   its   assured   qualityand   theISO certification  affirms  the  effectiveness  of  the  consistent  service  providedover  the years.  This  certification  demonstratesour  commitment  towards  our  customers  and outlines   the   cutting-edge   practices   the   Company   follows   throughout   its   Claims Settlement Process”. Speaking   on   the   ISO   certification,   Chief   Operating   Officer   of   HNBA,   Prasantha Fernando stated “As an entity highly focussed on quality, we are honoured toearn the ISO   certification   and   thisprovides   that   additional   degree   of   assurance   to   our stakeholders  of  our  continuous  improvements inour  service  quality standardsand deliverables”. Chief  Technical  Officer  of HNBA, Dinesh Udawatta stated “I’m indeed grateful to the entire team for  embarking  on  thisjourney  to  obtainthe world’s most popular quality management  servicecertification as  well  asfor  maintaining  a  servicestandardof highqualitythroughout  the  years.I  am  confident  that  this  certification  will  bolster
our  resolve  to  push  the  envelope  of  customer  service  further  and  to  continue  toprovide a superlative service to our patronage”.

HNB  Assurance  Groupseized  the  Gold  Awardin  the Insurance  Companies  Categoryat  the  53rdAnnual Report Awards Ceremony, organized by the Institute of  Chartered Accountants  of  Sri  Lanka  for  its  2016integrated     annual     report,     themed ’15  Years, Delighting Our Stakeholders’. Sharing her   thoughts   onthe   award,Mrs.   Rose Cooray,  Chairperson  of  HNBA  and  its  fully  owned subsidiary  HNB  General  Insurance  Limited  (HNBGI) stated “as contemporary  business  practicesaround the  worldgrow  in  complexity,  organizations  should work  towards  catching  its  pace  and  adapting  to these global standards in every mode of stakeholder  communication.  The  annual  report  of  an  organization  is  an opportunity  to showcase the strategic direction, scope and values of an entity.HNBA Group no doubt has set a new benchmark through its annual report for the industry”. Sharing his thoughts on the victory,Mr. Deepthi  Lokuarachchi,  Managing  Director/CEO  ofHNBAand HNBGIstated “the annual report of an organization is the single most important document andcalling card. As a Group providing financial protection,we ensure sustainable reporting,transparency andgood governancethat has been showcasedthrough our annual reports successively. Accolades of this  nature  reaffirm stabilityof  the  Group  and we  aredelighted  to  be  the  recipient  of  this year’s Gold Awardfor the Insurance sector, thus demonstrating to the financial markets that HNBA  is  a  Company  beyond  benchmarks”. Mr.  Indika  Perera,  Chief  Financial  Officer  of  HNBA and HNBGI thanked the project team involved in compiling the Group’s annual report stating “thisprestigiousaward  recognizes  the  effortsand  commitmentof  a  team  of  passionate individuals who worked tirelessly in completing the Group’s annual report”.