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Upul Wijesinghe appointed to the AIA Sri Lanka Board of Directors

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Upul Wijesinghe

AIA Sri Lanka has announced the appointment of Upul Wijesinghe as an Executive Director of the Board of Directors (BOD) with effect from January 30, 2023 subject to the approval of the Insurance Regulatory Commission of Sri Lanka. Upul is the Deputy Chief Executive Officer and Chief Distribution Officer of AIA Sri Lanka. He is a highly respected insurance professional in the industry with over 30 years of experience.

An AIA news release said Upul started his journey with the Company as a Graduate Management Trainee and climbed up the corporate ladder through his career with the Company. He has gained extensive exposure in general management, all aspects of life and general insurance including sales, technical covering also underwriting, reinsurance and multiple distribution channels at various levels and also received both local and international training opportunities with the Company. He has previously held the statutory positions of Specified Officer and the Principal Officer of the Company as well.

Upul is an Associate Member of the Chartered Insurance Institute of UK and a Chartered Insurer. He holds a B.Sc. (Hons) in Mathematics from the University of Colombo and a Post Graduate Diploma in Actuarial Science from Uva Wellassa University.

Upul was the President of the Sri Lanka Insurance Institute (SLII) from 2001 to 2003. He was instrumental in establishing SLII’s Insurance Agency qualification examination for Sri Lanka and the National Insurance Congress. In an ultimate honour, he was inducted to the Hall of Fame of SLII in 2015.

Upul was instrumental in setting up AIA’s highly successful life agency sales force and its best-in-class operational model island wide with over 100 branches, over 4000 agents and 350 Agency leaders. He has received many accolades locally and internationally including AIA Group’s ‘Best Growth CAO Award 2021’ and ‘2H Rebound CAO Challenge Category 2020’. This new appointment to the AIA Sri Lanka’s BOD is yet another outstanding milestone in Upul’s professional journey.

Tan Hak Leh, Chairman of AIA Sri Lanka, welcoming Upul to the Board noted that Upul will be adding much value to the Board with his vast experience in the local insurance industry and his leadership contribution in steering the business forwards in a challenging environment. He further stated that this appointment is another apt demonstration of AIA Group’s trust in and appreciation of the local talent in Sri Lanka.

Chathuri Munaweera, CEO/Executive Director of AIA Sri Lanka congratulating the appointment, added that the appointment of Upul Wijesinghe to the Board of Directors is a testament of his commitment, dedication, and capacity to support the Company in the long term, in pursuing its ambitious aspirations and providing much needed insurance protection to Sri Lankans.



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Indian business leader urges SL entrepreneurs to tap into India’s rapidly expanding consumer market

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T. Krishnakumar, Chief Executive Officer of Reliance Consumer Products Ltd (RCPL)

By Sanath Nanayakkare

Speaking at the Sri Lanka Economic and Investment Summit 2026, T. Krishnakumar, Chief Executive Officer of Reliance Consumer Products Ltd (RCPL), emphasised that local enterprises can unlock substantial economic benefits by strategically aligning with India’s booming consumer base.

Addressing business leaders and policymakers at the Shangri-La Hotel in Colombo, Krishnakumar highlighted that geographical proximity and rich cultural ties provide a natural foundation for deeper commercial collaboration.

He noted that instead of viewing bilateral trade narrowly, regional partnerships should act as conduits to build robust, scalable enterprises capable of plugging into wide-reaching regional value chains.

“For Sri Lankan exporters dealing in traditional staples as well as value-added goods, accessing India’s rising middle class presents a phenomenal growth window,” he said.

Drawing insights from Reliance Consumer Products’ rapid expansion – which scaled efficiently to thousands of employees and multi-billion-dollar metrics – Krishnakumar stressed that modern corporate success relies on disciplined execution, localised consumer understanding, and smart technology integration.

Furthermore, he underscored that while rapid growth is critical, businesses must consistently anchor their models in affordability and consumer trust.

Concluding his address at the summit, the RCPL chief noted that pairing regional trade integration with resilient business practices and predictable regulatory frameworks will be vital as Sri Lanka transitions firmly toward accelerated economic development.

Addressing the Summit during a subsequent fireside chat, President Anura Kumara Dissanayake underscored that a core concern currently being targeted by the government is developing a critical mass of local entrepreneurs equipped to engage with international enterprise counterparts.

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SriLankan Airlines wins prestigious SATA 2026 Visitors’ Choice Award for Leading International Airline

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SriLankan Airlines has once again been honoured with the prestigious Visitors’ Choice Award for Leading International Airline at the South Asian Travel Awards (SATA) 2026, reaffirming its continued recognition in the regional travel and tourism industry. The airline, which has received this award in previous years, was the only international airline to be recognised in this category at this year’s event. The 10th anniversary edition of the awards ceremony was held earlier this month at Hotel Barcelo Nasandhura in Male, Maldives.

Recognised as one of the key events on the Maldivian tourism and travel industry calendar, SATA celebrated its 10th anniversary on a grand scale, bringing together prominent industry stakeholders, including Government Ministers, distinguished dignitaries, diplomats and senior representatives from leading airlines and their respective head offices.

Commenting on the achievement, Dimuthu Tennakoon, Head of Commercial, SriLankan Airlines, stated, “We are honoured to receive this recognition at the South Asian Travel Awards 2026. Being named the Leading International Airline in the Visitors’ Choice Awards once again is a meaningful acknowledgement of our commitment to serving our passengers and strengthening our presence in the region. This award inspires us to continue enhancing the travel experience we offer and to build stronger connections with the markets and communities we serve.”

Complementing its commitment to service excellence, SriLankan Airlines offers an extensive flight network with convenient connections to destinations across the globe. In South Asia, the airline operates nearly 130 flights each week to 15 destinations across India, Pakistan, the Maldives, Nepal, and Bangladesh. With schedules thoughtfully designed to suit the needs of travellers, SriLankan Airlines provides seamless connectivity for those visiting Colombo for business or leisure, as well as passengers travelling onwards to destinations worldwide.

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JXG enters LMD’s Most Respected Entities in Sri Lanka 2026 for the first time, securing a place among the first 50

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Gamika de Silva, Group Chief Marketing Officer at JXG

JXG (Janashakthi Group), Sri Lanka’s leading financial conglomerate, has been ranked 44th in LMD’s Most Respected Entities in Sri Lanka 2026, marking the Group’s first appearance in the prestigious listing. The recognition places JXG among Sri Lanka’s most respected companies and marks an important milestone in the Group’s master-brand journey.

As the holding company, JXG was also recognised across key attributes including Aspirational Workplace, Business Expansion, Business Innovation, Corporate Culture, Corporate Dynamism, Crisis Management, Employee Wellbeing, Honesty and Integrity, and Leadership Profile. The recognition reflects the growing strength of the JXG brand and the collective contribution of its businesses and people in building trust and confidence among its stakeholders.

JXG’s subsidiaries, including Janashakthi Life and First Capital, have also been recognised in the main table of LMD’s Most Respected Entities 2026 rankings, while Janashakthi Finance has been recognised under the Business Expansion attribute, reflecting the strength of the Group’s individual businesses alongside its growing master brand.

Conceptualised and commissioned by LMD and conducted by PepperCube Research Consultants, the Most Respected Entities special edition recognises companies based on an independent survey of Sri Lanka’s business community.

Commenting on the recognition, Gamika de Silva, Group Chief Marketing Officer at JXG, said, “This is a proud moment for all of us at JXG. We set out to build a Group brand that is not just seen but lived by our people and reflected in everything we do. Ultimately, the true testament to any brand lies in its people, and the credit for this recognition goes to everyone across JXG who brings our values to life every day. This recognition is an encouraging milestone for us, while also reminding us to keep raising the bar and earning the respect of our stakeholders through what we do.”

JXG’s approach to building trust is anchored in its core values of Integrity, Collaboration, Respect, Performance Driven and Innovation. These values guide how its businesses operate, how its people engage with one another and how the Group serves its customers and wider stakeholders.

As JXG continues to expand its businesses, the Group remains focused on strengthening its market presence, creating long-term value and contributing to the growth of Sri Lanka’s financial services sector, guided by its purpose, Breaking Barriers, Forging Futures.

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