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Ceylinco Insurance ranked 9th among Sri Lanka’s Most Respected Corporates
Ceylinco Insurance was placed in the 9th position amongst the nation’s Most Respected and Admired Corporates for the year 2021 and thus becomes the Most Respected Insurer in Sri Lanka for yet another year.
This was announced by the LMD magazine in its 17th annual edition of the nation’s Most Respected and Admired Entities. Ceylinco Insurance PLC comprises of the two dominant insurers in the country, Ceylinco General Insurance Ltd and Ceylinco Life Insurance Ltd. Both, Ceylinco General Insurance and Ceylinco Life Insurance maintain their supremacy as market leaders in General and Life insurance respectively. Moving up three overall positions from the previous year, Ceylinco Insurance is placed in the 4th position in HR and People Management and in the 5th position in Quality Consciousness, Management Profile, Corporate Culture and Vision in the attributes rankings. Ceylinco Insurance is also placed amongst the top ten in 10 of the 12 attribute rankings. Based on a survey conducted by LMD together with Nielsen – it covers a well-informed sample of 800 senior managers of listed companies.
Ajith Gunawardena, Executive Chairman and Chief Executive Officer of Ceylinco Insurance PLC said, “We are proud and also humbled to be amongst the nation’s top corporates and express our gratitude to each and every one for nominating us. As a corporate entity that believes in offering innovative and customer-friendly solutions, our continuous search for excellence in customer service and commitment has enabled us to become a powerhouse of innovation and creativity, where pioneering ideas are born and given expression to become fully-fledged products and services that enhance people’s lives. Your recognition encourages us and now we are even more committed to offer innovative and customer -centric products and services to the people of the nation. Some of our innovative products have reached the grassroots level and their benefits have been reaped by people who would have never thought of getting insurance if it were not offered through channels close to the masses of this country.”
Rajkumar Renganathan, Chairman of Ceylinco Life said: “A core precept at Ceylinco Life is that respect, like trust must be earned, nurtured and built on through our actions. Seventeen consecutive years of market leadership in an industry that is heavily dependent on trust attests to the fact that Ceylinco Life has lived by this credo. As the largest life insurance company is Sri Lanka, Ceylinco Life is de-risking the future of millions of people – our policyholders and their families – and has never compromised on its mission or its core values. We not only honour every legitimate claim, we do so quickly and unobtrusively. Our generous and longstanding commitments to the community in the areas of education and health have also endeared us to, and earned the respect of Sri Lankans from all walks of life. Additionally, our persistent efforts to promote professionalism in the industry has helped change the perception of the life insurance salesperson and also contributed to the respect we have earned.”
Patrick Alwis, Chairman /Chief Executive Officer of Ceylinco General commented, “The Ceylinco VIP brand is synonymous with customer-centricity and this accolade reflects the value we infuse for customers. Our Company is founded on these principles and we remain committed to delivering industry-best insurance solutions to cater to every need of customers from all walks of life.”
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US sports envoys to Lanka to champion youth development
The U.S. Embassy in Colombo welcomed the U.S. Sports Envoys to Sri Lanka, former National Basketball Association (NBA) and Women’s National Basketball Association (WNBA) players Stephen Howard and Astou Ndiaye, from June 8 through 14.
The Public Diplomacy section of the U.S. Embassy said that it would launch a weeklong basketball program intended to harness the unifying power of sports, made possible through collaboration with Foundation of Goodness and IImpact Hoop Lab.
While in Sri Lanka, Howard and Ndiaye, both retired professional basketball players, will conduct a weeklong program, Hoops for Hope: Bridging Borders through Basketball. The Sports Envoys will lead basketball clinics and exhibition matches and engage in leadership sessions in Colombo and Southern Province for youth aged 14-18 from Northern, Uva, Eastern and Western Provinces, offering skills and leadership training both on and off the court. The U.S. Envoys will also share their expertise with the Sri Lanka Basketball Federation, national coaches, and players, furthering the development of basketball in the country. Beyond the clinics, they will collaborate with Sri Lankan schoolchildren to take part in a community service project in the Colombo area.
“We are so proud to welcome Stephen and Astou as our Sports Envoys to Sri Lanka, to build on the strong people-to-people connections between the United States and Sri Lanka,” said U.S. Ambassador Julie Chung. “The lessons that will be shared by our Sports Envoys – communication, teamwork, resilience, inclusion, and conflict resolution – are essential for leadership development, community building, equality, and peace. The U.S. Sports Envoy program is a testament to our belief that sports can be a powerful tool in promoting peace and unity.”
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Rahuman questions sudden cancellation of leave of CEB employees
SJB Colombo District MP Mujibur Rahuman in parliament demanded to know from the government the reasons for CEB suspending the leave of all its employees until further notice from Thursday.
MP Rahuman said that the CEB has got an acting General Manager anew and the latter yesterday morning issued a circular suspending leave of all CEB employees with immediate effect until further notice.
“We demand that Minister Kanchana Wijesekera should explain this to the House. This circular was issued while this debate on the new Electricity Amendment Bill was pending. There are many who oppose this Bill. The Minister must tell parliament the reason for the urge to cancel the leave of CEB employees,” the MP said.However, Speaker Mahinda Yapa Abeywardena prevented Minister Wijesekera responding to the query and said that the matter raised by MP Rahuman was not relevant.
News
CIPM successfully concludes 8th Annual Symposium
The Chartered Institute of Personnel Management (CIPM) successfully concluded the 8th Annual CIPM Symposium, which took place on 31st May 2024. Themed “Nurturing the Human Element—Redefining HRM in a Rapidly Changing World,” the symposium underscored the pivotal role of human resource management (HRM) in today’s dynamic global landscape. Since its inception in 1959, CIPM has been dedicated to advancing the HR profession through education, professional development, and advocacy, solidifying its position as Sri Lanka’s leading professional body for HRM.
Ken Vijayakumar, the President of the CIPM, graced the occasion as the chief guest. The symposium commenced with the welcome address by the Chairperson, Prof. Arosha Adikaram, followed by the Web Launch of the Symposium Proceedings and Abstract Book by the CIPM President. The event featured distinguished addresses, including a speech by Chief Guest Ken Vijayakumar, President of CIPM, and an address by Guest of Honor Shakthi Ranatunga, Chief Operating Officer of MAS Holdings Pvt. Ltd., Sri Lanka.
The symposium also featured an inspiring keynote address by Prof. Mario Fernando, Professor of Management and Director of the Centre for Cross Cultural Management (CCCM) at the University of Wollongong, Australia.
Vote of Thanks of the inauguration session was delivered by Dr. Dillanjani Weeratunga, Symposium Co-chair.
The symposium served as a comprehensive platform for researchers to present their findings across a wide range of critical topics in HRM. These included Cultural Diversity and Inclusion, Talent Development and Retention, Ethical Leadership and Corporate Social Responsibility, Adapting to Technological Advancements, Mental Health and Well-being at Work, Global Workforce Challenges, Employee Empowerment, and Reskilling and Upskilling.
The plenary session was led by Prof. Wasantha Rajapakse. Certificates were awarded to the best paper presenters during the valedictory session, followed by a vote of thanks delivered by Kamani Perera, Manager of Research and Development.
The annual symposium of CIPM was a truly inclusive event, attracting a diverse audience that spanned undergraduates, graduates, working professionals, research scholars and lecturers. This widespread interest highlights the symposium’s significance in the field of HRM, offering a unique opportunity for everyone to network and learn from scholarly brains.The CIPM International Research Symposium was sponsored by Hambantota International Port, Sri Lanka Institute of Information Technology (SLIIT), E B Creasy & Co. PLC, and Print Xcel Company.


