Stuart Chapman joins Janashakthi Life as CEO
View(s):Janashakthi Insurance PLC has announced the appointment of Stuart Chapman as Director/Chief Executive Officer for its Life business with effect from January 1.
Mr. Chapman, a professional with extensive expertise in the Life insurance business, will focus on Life sales and distribution, Life operations and training, and Life complaints management at Janashakthi, adding greater value to the overall business, the company said.
“It is my great pleasure to announce the appointment of Stuart Chapman as Director/ Chief Executive Officer for the Janashakthi Insurance Life business. As an individual with an exceptional track record and extensive experience across an array of industries, we believe that his appointment will play a crucial role in bringing greater focus to the Life insurance business and help propel it to the forefront in a challenging yet dynamic industry,” said Prakash Schaffter, Managing Director of Janashakthi Insurance PLC.
A professional with over 36 years of experience, Mr Chapman commenced his career in sales and soon progressed to head local and multinational organizations across diverse industries. His industrial exposure includes Life Insurance, Healthcare, FMCG, Consumer Durables, Banking, Leasing and Telecommunications. His previous appointment was in the capacity of Managing Director of GlaxoSmithKline (GSK) Pharmaceuticals, where he served on its Board as well as on the Board of SmithKline Beecham Pvt. Ltd. He currently also serves as a Non-Executive Independent Director of United Motors PLC and Hemas Pharmaceuticals Pvt. Ltd.
Until recently, Mr. Chapman served as the Honorary President of the Chartered Institute of Marketing Sri Lanka, of which he is a Founder Member, Fellow of the Chartered Institute of Marketing UK and the Institute of Management UK, and a Member of the Institute of Certified Management Accountants Australia.
The Board of Directors of Janashakthi Insurance PLC comprises Husein Esufally, Chairman; Prakash Schaffter, Managing Director; and Directors – Jude Fernando, Ramesh Schaffter, L. C. R. de C. Wijetunge, Ms. Anushya Coomaraswamy, Ms. Manjula Mathews and Eardley Perera.