Janashakthi Insurance PLC has announced the appointment of Annika Senanayake as the new Chairperson, effective 01 January 2025.
Annika, with over 15 years of extensive experience at the IWS Holdings Group, a diversified conglomerate, involved in sectors that include telecommunications, warehousing and logistics, media and broadcasting, automobiles, aviation, warehousing, food and beverage processing and packaging, brings invaluable leadership to Janashakthi Insurance. Her wide-ranging expertise in corporate planning and strategic growth will play a pivotal role in guiding the company through its next phase of development.
In her new role as Chairperson, Annika is poised to bring a wealth of visionary insight to Janashakthi Insurance, reinforcing the company’s leadership team. Her proven track record in managing complex, multifaceted businesses will provide strategic direction and support as Janashakthi continues to expand its footprint in Sri Lanka’s competitive insurance market.
She currently serves as a Director at IWS Holdings (Private) Limited, RAD Productions (Private) Limited, RAD Productions USA LLC, Ceylon Natural Rubber (Pvt) Ltd, Scan Furniture (Private) Limited, and is a committee member of the Young Directors Forum at The Sri Lanka Institute of Directors. Her extensive background also includes notable past roles, such as serving as an Independent, Non-Executive Director at Sampath Bank PLC until her retirement in 2020, as well as the CEO of ART Television Broadcasting Co. Annika’s broad leadership experience across diverse sectors positions her to provide valuable insights and strategic direction for Janashakthi Insurance’s continued success.
Speaking on the new appointment, Janashakthi Insurance PLC Executive Deputy Chairman, Prakash Schaffter, said: “I am delighted to welcome our new Chairperson, Annika Senanayake, to the Janashakthi Insurance family. Her exceptional leadership experience, coupled with her diverse skill sets across multiple industries, will be invaluable as we navigate the company’s future growth trajectory. Annika’s strategic vision and deep understanding of business dynamics will undoubtedly contribute to strengthening Janashakthi Insurance’s position in the market. On behalf of the entire Janashakthi Insurance family, I wish her all the very best.”
Janashakthi Insurance Chairperson, Annika Senanayake, said: “I consider it a privilege to assume the role of Chairperson at Janashakthi Insurance PLC, a company that has been a key industry player for over three decades and has continuously advanced its legacy of excellence in the insurance field. I am grateful for the opportunity to work alongside a dedicated team as we drive Janashakthi Insurance’s strategic vision forward and achieve new levels of success.”
Annika Senanayake’s appointment as Chairperson of Janashakthi Insurance follows a distinguished line of leadership, with the company having been stewarded by respected figures such as Deshamanya Nissanka Wijewardane, W.T. Ellawala, Hussien Esufally, and Anil Tittawela PC. This continuity in leadership provides a solid foundation for the company’s stability, while Annika’s fresh, visionary approach ensures a dynamic and forward-looking direction for Janashakthi Insurance’s future.
Prakash Schaffter, who has been serving as Acting Chairman, will continue in his role as Executive Deputy Chairman, ensuring a smooth transition and ongoing strategic oversight as Annika steps into her new position. With her vast experience and strong leadership skills, Annika is set to drive Janashakthi Insurance into its next chapter, continuing its legacy of excellence in the insurance sector.
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About Janashakthi Insurance PLC
Founded in 1994 as a Life Insurance company, Janashakthi Insurance PLC (Janashakthi Life) made its mark in the industry as an innovator and household name for nearly 30 years. Janashakthi Life has a strong presence across the island, with an expanding network of over 75 branches and a dedicated call centre. In line with its purpose of “uplifting lives and empowering dreams”, Janashakthi Life remains committed to becoming a leader in the Life Insurance industry by delivering a service beyond Insurance to its customers and stakeholders. Janashakthi Insurance PLC is a member of the Janashakthi Group that operates in the Insurance, Finance, and Investment sectors.
Janashakthi Insurance PLC Board of Directors PLC comprises of Annika Senanayake, Prakash Schaffter, Ravi Liyanage, Ramesh Schaffter, Warini De Costa, Sivakrishnarajah Renganathan, Dr. Nishan de Mel, Dr. Gehan Gunatilleke and Dilip de S. Wijeyeratne.
