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.