HNBA News

HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) celebrated the outstanding performance ofthe Branch Managersand key membersof the Retail  Banking  Management  team of  the  Hatton  National  Bank  PLC (HNB)at  a  glamorous event  held recently. This event was graced by the  presence  of  Mrs.  Rose  Cooray,  Chairperson  of  HNBA  and  HNBGI  and  Director  of  HNB together  with  Mr. Kalum  Wijesooriya, Chief  Employee  Experience  Officer/Assistant  General Manager -Deposits   and   Remittancesof   HNB   and  Mr.   Deepthi   Lokuarachchi,  Managing Director/CEO of HNBA and HNBGI as Guests of Honor together with the seniormanagementof HNB, HNBA and HNBGI. Sharing her   thoughts,  Mrs. Cooray  stated  “the synergiesof cooperation, expertise  and assistanceof the Group havehelped  both  HNBA and HNBGI extensively in capturing growing markets   and stabilizing   its   position   in   a   competitive   industry   such   as   insurance.   Theinterlinkages  seen  within  the  Group  set  a  strong  base  for  greater  financial  responsivenessand to be able to offer a holistic proposition to one’s financial needs as a Group”. Speakingat the event, Mr. Wijesooriyacongratulated the winners of the night for their achievements and emphasized  on  the  significantrole  of  banking  and  insurance in growingfinancial  markets of our economy andhow important it is to develop product propositionsto cater to the financialand  protectionneeds  of  individuals  as  a  Group.   Mr.  Lokuarachchi  thanked  the  Board  of Directors  and  the  senior  management  of  HNB  for  their  continuous  support, stating “Banking and  Insurance  together  provides  us  the  opportunity  as  a  Group  to  help  people  build  and sustain their wealth and it is up tous to advice customers on the optimal levels of returns and protection  they  ought  to  have  for  themselves.  So  let  us  continue  to  work  together  to  enrich lives of them that we serve”.

HNB Assurance PLC(HNBA)announced the appointment  ofMr.RajiveDissanayake  as  a Non-Executive, Non-IndependentDirectorto the Boards of HNBA  and  its  fully  owned  subsidiary HNB  General Insurance  Limited(HNBGI)by  the  vote  of  the  Hatton National  Bank  PLC  (HNB),  the  Parent  Shareholder  of HNBA.Accordingly,  the  Board  of  Directors  of  HNBAcomprises  of  Mrs.  Rose  Cooray,Mr.  Sarath  Ratwatte, Mr.  Mahendra  Jayasekera,  Mr.  K.  Balasundaram,  Mr. Dilshan  Rodrigo,  Mrs.  Siromi  Wickramasinghe,  Dr.  Sivakumar  Selliah, Mr.  Deepthi Lokuarachchiand Mr. Rajive Dissanayake. The Boardof Directorsof HNBGIcomprises of    Mrs.    Rose    Cooray,Mr.    Faizal    Sallieh,    Mr.    Dilshan    Rodrigo,    Mrs.    Marina Tharmaratnam, Mr. Deepthi Lokuarachchiand Mr. Rajive Dissanayake. An   old   boy of  St.  Benedict’s  College,  Colombo,Mr.Dissanayake   is   a   Chartered Financial Analystas well as  a  Certified Global ManagementAccountantand aFellow Member  of  the  CharteredInstitute  ofManagement  Accountants. Mr.  Dissanayake obtained  hisBachelor’s degree  in  Business  Administrationfrom  the  University  of Colombo, andhas  served  several  sectors  including  Banking and  capital marketsfor nearly two decades. Mr. Dissanayake started his career atNational Development Bank and then moved toHNB Stockbrokers  (Pvt) Ltd as  the  Head of  Research. HejoinedHatton National  Bank PLC(HNB)in 2008and currently  holds  the  positionofAssistantGeneral  Manager -Strategy/Chief  Strategy  Officer  of HNB.In  addition,he also  serves  as  a  Director  ofHNB Grameen Finance Limited, AcuityPartners (Pvt) Ltd and Acuity Securities Ltd.

41highfliers   of   the   Advisor   Force   of   HNB   Assurance   PLC   (HNBA)qualified   to participateat the Million Dollar Round Table (MDRT) conference, in Florida, USAwhich was  held  recently. MDRT  isan  independent  association  which  was  formed  in1927, with   affiliations   of   over   43,000   Insurance   and   Financial   service   professionals attached to companies across the globe. Sharing his thoughts, Chief Business Officer of HNBA, Ivan Nicholas stated “We  arepleased  at  the honourof  being  able  to  produce 41MDRT winners  with aCourt of the Table (COT) qualifier and aTop of  the  Table  (TOT)qualifier.  It  indeed  is  a  great  prestige  to  have HNBArepresentedat  this  global  gatheringof top  qualifiers  in  the industry.  It  is  heartening  towitnessthe  efforts,  dedication  and commitment of our advisors resulting in suchanachievement”.