Jude Fernando, new Janashakthi Life CEO
View(s):Janashakthi Insurance PLC has announced the appointment of Jude Fernando as the company’s Director / Chief Executive Officer with effect from May 1. “Having divested its General Insurance business earlier this year, Janashakthi has focused its efforts on the country’s underpenetrated Life Insurance segment. With Jude at the helm, Janashakthi Life is set to embark on a major growth drive to further strengthen its position as a significant player in the Life Insurance industry,” the company said in a media release.
Mr. Fernando succeeds Stuart Chapman who resigned as Director/CEO of Janashakthi Insurance PLC due to personal commitments.
“It is my great pleasure to welcome Jude Fernando back to Janashakthi Life as he takes charge as the Chief Executive Officer of Janashakthi Insurance PLC. Jude has had an illustrious track record, both within Janashakthi, and previously at leading local giants such as Cargills Manufacturing Brands, Hemas Group and Kotmale Holdings PLC.
Coming in at a time when we look to bring renewed focus on our Life business, I look forward to seeing him build on its strong fundamentals and drive it to greater heights,” said Prakash Schaffter, Managing Director of Janashakthi Insurance PLC. The Board of Directors of Janashakthi Insurance PLC comprises Husein Esufally, Chairman; Prakash Schaffter, Managing Director; Jude Fernando; Ramesh Schaffter; L. C. R. de C. Wijetunge; Ms. Anushya Coomaraswamy; Ms. Manjula Mathews and Eardley Perera.