Business
LOLC Insurance and Pan Asia together reward top Bancassurance performers
LOLC General Insurance PLC and LOLC Life Assurance Ltd, two of Sri Lanka’s finest and fastest growing Insurance companies, together with Pan Asia Bank which is one of the leading commercial banks in Sri Lankan banking industry, jointly held a felicitation ceremony to reward the top performers of Bancassurance.
The ceremony was graced by Mr. Naleen Edirisinghe, CEO Designate, Pan Asia Bank, Kithsiri Gunawardena, Director/CEO of LOLC General Insurance PLC, Mrs. Nadika Opatha, Director/CEO of LOLC Life Assurance Ltd, Shiyan Perera, Assistant General Manager – Retail Credit and Yohan Ebell, Head of Bancassurance and Private Banking, Pan Asia Bank. The award ceremony was held recently at Waters Edge Hotel.
The main award-winning stars of the night were Trishane De Mel (Regional Manager – Colombo Inner Region, PABC) for the ‘Best Regional Performance’ and Kevin Edward (representing PABC, Dehiwala Branch) for the ‘Best Lead Generator’. Further to the individual awards, Pan Asia Bank – Dehiwala branch emerged as the ‘Best Branch, PABC Bancassurance’, while the Central Leasing Unit of PABC was awarded the ‘Best Unit for General Insurance’. Kollupitiya Branch and Kalubowila Branch emerged first and second runners-up respectively, within the same category.
Under the strategic view of capitalizing fee-based income and providing all customer needs under one roof, Pan Asia Bank had joined hands with LOLC Insurance in 2015, to cater solutions across the country. LOLC Insurance and Pan Asia Bank are keen on further strengthening the scope of Bancassurance to provide wider range of enhanced solutions to its customers across both their networks.
Both LOLC General and Life are fully owned subsidiaries of the LOLC Group, with operations in 22 countries including Asia, Africa and Australia. LOLC will continue to explore possibilities to elevate the Insurance needs of the community at large through practical and affordable Insurance solutions in promoting sustainable economic recovery.
Pan Asia Bank customers can enjoy the convenience of attending to their banking and insurance needs, under one roof, at any of the Bank’s 85 branches of the network island wide. The Bank’s financial performance has been characterized by strength and resilience. Its spirit of innovation and growth coupled with a prudent approach to growth and risk has served it well in the most challenging year in the banking industry.
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.
AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.
Business
Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness
In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.
The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.
“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.
Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,
Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.
HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.
The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.
“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”
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