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Executive committee

The Executive Committee comprises of experienced professionals in their respective fields under whose visionary direction sets the direction for the company and the nature of tasks to be carried out.

Executive Committeewww.hnb.net

Chief Executive Officer/Managing Director - HNB Assurance PLC - Deepthi Lokuarachchi

LL.B (Colombo), ACII (UK), Attorney-at-Law, Chartered Insurance Risk Manager

Deepthi Lokuarachchi is the Managing Director/ CEO of HNB Assurance PLC and HNB General Insurance Limited. He holds a Law Degree from the University of Colombo and is professionally qualified as a Chartered Member of CII – UK. Being a career insurance professional having served in both Life and General sectors, he had gained extensive exposures into executive general management, and other areas such as underwriting, claims and reinsurance within Insurance Companies owned by the Eagle Star Group, Zurich Financial Services, Al-Futtaim UAE, AVIVA and AIG. Mr. Lokuarachchi also functioned as CEO of Sri Lanka’s biggest State Insurance Company SLIC in his career. Serving the professional interests of industry personnel Mr. Lokuarachchi also held the Presidency of the Sri Lanka Insurance Institute for a period of two years and also is the present President of the Insurance Association of Sri Lanka.

Chief Operating Officer - HNB Assurance PLC - Prasantha Fernando


BSc. Hons (Colombo), ACII (UK), Chartered Insurer

Prasantha joined HNB Assurance in 2012 and he served as General Manager – Life Insurance for three years prior to being promoted as Chief Operating Officer of HNB Assurance PLC. Prior to joining HNB Assurance, he held the position of Assistant General Manager, Life Operations at Aviva NDB Insurance PLC. He counts over 23 years of experience in the Life Insurance Industry. Prasantha is also a founder council member of Association of Chartered Insurance Professionals (ACIP) and served as the treasurer. He is a past Chairman of the Life Insurance Forum (LIF) of the Insurance Association of Sri Lanka (IASL) and was a lecturer at the Sri Lanka Insurance Institute. He also serves as the Principle Officer and Specified Officer of HNB Assurance PLC.

Deputy Chief Operating Officer - Lasitha Wimalaratne


B.A (Hons), MBA, FCII, ANZIIF (Fellow), ACIM, Chartered Insurer

With professional experience of over 21 years, with over 18 years in Life Insurance Operations, Lasitha has held many key positions in both local and internal organizations including 07 years at AIA Insurance Sri Lanka and 03 years in Sales & Marketing exposure in London. Prior to his current appointment, Lasitha served Softlogic Life Insurance PLC at the capacity of General Manager and Specified Officer overlooking Life Operations.

Lasitha holds a Master of Business Administration Degree from the University of Wales, UK and a B.A. (Hons) Degree in Business Studies from the University of Sunderland, UK. A Chartered Insurer and a Fellow Member of the Charter Insurance Institute (FCII), Lasitha is also a Fellow Member of the Australian and New Zealand Institute of Insurance and Finance and an Associate Member of the Chartered Institute of Marketing, UK (ACIM).

Lasitha currently serves the Sri Lanka Insurance Institute (SLII) as the Honorary Vice President and he is Council Member of the Association of Chartered Insurance Professionals (ACIP) of Sri Lanka and was the Founder Secretary General of ACIP Sri Lanka.

Chief Business Officer - HNB Assurance PLC - Ivan Nicholas


Ivan joined HNB Assurance in 2010 as the Head of Distribution and promoted as the Chief Business Officer Life Insurance in 2016. Initially he was responsible for Life and General Distribution channels for the entire branch network before the segregation. At present he holds the National level responsibility of Life Distribution, Bancassurance and Corporate Sales Units. He counts over 33 years’ experience in Sales and Sales Management at Regional and National level Life and General Distribution within the Insurance Industry. He has served at Eagle Insurance PLC where he gained multinational exposure and at Union Assurance PLC as AGM Corporate Business Development unit prior to joining HNB Assurance. Ivan is also an Associate Financial Advisor awarded by Limra International (Pvt) Ltd.

Chief Investment & Strategy Officer - HNB Assurance PLC - Nilesh Amarasinghe


BSc. Econ & Mgt Hons (LSE), MBus. (Fin) (UTS)

Nilesh counts close to 15 years of extensive experience in Capital Markets specialising in fund management, macroeconomic strategy, investment strategy etc. Having joined HNBA as a Management Trainee, Nilesh served HNBA as Assistant Manager – Investments, Manager – Investments and Head of Investment & Strategy prior to assuming the role as the Chief Investment and Strategy Officer. As the CIO, he is responsible for the performance of more than Rs.18 Billion funds of the HNB Assurance Group. Nilesh also serves as the Secretary to the Strategy Review Committee of the Company.

Chief Financial Officer - HNB Assurance PLC - Indika Perera


BBMgt - Hons (SP in Acc.), ACA, ACMA

Indika counts over 18 years of experience in finance field of which more than 10 years has been in the Insurance Industry both locally and internationally. He started his career with KPMG Sri Lanka and joined HNB Assurance in 2004 as the Accountant. Indika left the Company from the position of Finance Manager in 2007 to join Gulf Union Insurance Group in Bahrain where he served in Group Internal Audit Division and Group Finance Division. After 5 years, he returned back to the Country and served as the Assistant Vice President at Acuity Securities Limited, a Central Bank registered primary dealer of Government securities and the Vice President – Operations Control at Orient Insurance Limited, a subsidiary of Al-Futtaim Group in Dubai He rejoined HNB Assurance in 2015 as the Head of Finance and currently serves as the Chief Financial Officer of both HNB Assurance PLC and HNB General Insurance Limited.

Chief Technical Officer - HNB Assurance PLC - Dinesh Udawatta


BSc (Statistics) Hons (Colombo), FIII (India), MBA (Colombo), ANZIIF (Fellow) CIP (Australia), ACII (UK), Chartered Insurer

Dinesh joined HNB Assurance in 2003. Currently he is serving as the Chief Technical Officer for Life Insurance. Having joined in 2003 as an Actuarial Executive and Dinesh developed his Technical competencies in Life Insurance. He acquired professional qualifications from three well known Insurance Institutes and developed his career as a life technical person. He served as Head of Operations – Life Insurance for two years prior to being promoted as CTO. He counts over 16 years of experience in the Life Insurance Industry. He has undergone extensive training both locally and overseas including at Munich Re, Munich, Germany , FALIA and OLIS Japan.

Chief Human Resources Officer - HNB Assurance PLC - Dinuka Pattikiriarachchi


An old boy of De Mazenod College, Dinuka holds a Master of Business Administration Degree specialising in Human Resources from the University of Colombo and a Master of Business Administration Degree from the University of Preston, USA and a National Diploma in Human Resources Management from the Institute of Personnel Management, Sri Lanka. He has obtained the Asian Personnel Manager Certification from NICC, Japan. Dinuka has held many key positions in both local and international entities and counts over 25 years of professional experience. Beginning his career journey at Habib Bank AG Zurich, he then joined MAS Linea Aqua Private Limited and Ceylon Pencils Private Limited subsequently. Prior to his current appointment, he held the position of Senior Manager Human Resources at Nestlé Lanka PLC.

Chief Legal Officer - Sitari Jayasundara


Attorney-at-Law & Notary Public, MBA (PIM-USJ), Pg. Adv. Dip (Finance, Banking and Insurance Laws)

Presently works as Chief Legal Officer and Company Secretary of HNB Assurance PLC and HNB General Insurance Limited. She counts over 19 years’ experience in the legal profession and heading the Legal and Company Secretarial Division of HNB Assurance PLC for over 9 years. She is the current Chairperson of the Legal Advisory Forum (LAF) of the Insurance Association of Sri Lanka (IASL). Prior to joining HNB Assurance PLC, Sitari Served as legal officer and company secretary of Delmege Group of Companies and Director – Businessmate (Pvt) Limited, the Corporate Secretarial arm of Baker Tilly Edirisinghe & Company, Chartered Accountants.