New chairman, MD at Ceylinco Life in smooth transition at the top

Business

Ceylinco Life Insurance Limited (Ceylinco Life) has announced the appointment of R. Renganathan, the company’s long-standing Managing Director/CEO, as Executive Chairman effective November 14 and the concurrent appointment of Deputy CEO Thushara Ranasinghe as Managing Director/CEO.

The company said on Thursday that the changes at the top were part of the company’s succession plan when Godwin Perera steps down from the position of Chairman and Non-executive Director.

Mr. Renganathan has been at the helm of Ceylinco Life from the company’s inception in January 1988. A Fellow of the Institute of Chartered Accountants of Sri Lanka and of the Chartered Institute of Management Accountants, he was responsible for setting up the company after the Government permitted private insurers to enter the industry in 1987.

Mr. Ranasinghe has also been with Ceylinco Life from its inception and was a member of the founding team. A Fellow of the Chartered Institute of Marketing (CIM) UK, he has an MBA from the Postgraduate Institute of Management (PIM) of the University of Sri Jayewardenepura and counts 40 years in sales, marketing and strategic planning. - ENDS -

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

May 31, 2025

- 479 - 0

Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary

Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred

June 2, 2025

- 448 - 0

National Tax week launched

The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.

June 2, 2025

- 349 - 0

SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.

May 29, 2025

- 260 - 0

Mahindananda and Nalin Fernando Jailed

Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.

May 30, 2025

- 256 - 0

In Pix: Weather situation in Colombo

June 3, 2025

- 186 - 0

Krishanthi Kumaraswami convicts FR dismissed by SC

The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.