The appointment is subject to the approval of the Insurance Regulatory Commission of Sri Lanka (IRCSL).
Chula Hettiarachchi was previously the Company’s Chief Operating Officer and will now be designated as Executive Director of Softlogic Life Insurance PLC.
He is a qualified sales and insurance professional with a career that spans a period of 35 years, 22 of which is in the life insurance industry.
He joined Softlogic Life in 2001 as Head of Sales and since then has been instrumental in building an exceptional Agency Team that has contributed extensively to the growth and development of the Company.
Hettiarachchi holds B.Com. and M.Com degrees from the University of Kelaniya and also holds a Postgraduate Diploma in Finance and Business Management from the Institute of Chartered Accountants of Sri Lanka.
He has received extensive overseas training with Allied Dunbar UK, FALIA Japan, and OLIS Japan, as well as the Indian Insurance Institute, Pune, and Munich Re in Germany.
The Board of Directors of the Company will now comprise Ashok Pathirage (Chairman), Paul Ratnayeke (Deputy Chairman), Iftikar Ahamed (Managing Director), Sujeewa Rajapakse, Ray Abeywardena, Rudiger Will, Haresh Kaimal, Fernanda Lima and Chula Hettiarachchi.
Softlogic Life Insurance PLC is a subsidiary of Softlogic Capital PLC and is part of the Softlogic Group, which is recognised as one of Sri Lanka’s most diversified and fastest- growing conglomerates with interests in Healthcare, Retail, ICT, Leisure, Automobiles and Financial Services. Significant stakeholders in the company include DEG and Leapfrog Investments.
