Union Assurance, Sri Lanka’s trailblazing Life Insurer, announces that Senath Jayatilake has been appointed as the Deputy Chief Executive Officer, effective January 1st 2023. Prior to this appointment, he held the position of Chief Distribution Officer at the company.
Senath joined the John Keells Group in 2007, and prior to joining Union Assurance PLC in 2019, he was the Chief Executive Officer of John Keells Logistics (Pvt) Ltd. He is also a Senior Vice President of the John Keells Group and has over fifteen years of corporate management experience. Senath holds a BA (Hon) in Finance and Accounting from the University of Nottingham (UK), an associated membership from the Chartered Institute of Management Accounting, and an MBA from the University of Sri Jayewardenepura.
The Chief Executive Officer of Union Assurance, Jude Gomes, remarked, “Senath brings a well-established track record and extensive experience, adding indispensable value to the company. He has my heartfelt congratulations and best wishes for the new position. We are confident that with this leadership appointment, the company will be able to accelerate its growth momentum, leading to even greater achievements in the coming year.”
Union Assurance is a part of the John Keells Group, one of Sri Lanka’s largest listed conglomerates. The Company completes over three decades of success with a Market Capitalization of Rs. 16.6 Bn, and a Life Fund of Rs. 54.7 Bn as of September 2022. Set to empower the Sri Lankan Dream, Union Assurance offers Life Insurance solutions that cover education, health, investment, protection, and retirement needs of Sri Lankans. With an island-wide branch network and an over 4,000-strong workforce, Union Assurance continues to invest in people, products, and processes with a customer-centric focus to be responsive to emerging changes in the Life Insurance industry.