Business
oneworld names Nathaniel Pieper as CEO
The oneworld® alliance named airline industry veteran Nathaniel (Nat) Pieper as its new CEO. Pieper, who is currently senior vice president of fleet, finance and alliances at oneworld member Alaska Airlines, will join the alliance in his new role on 01 April 2024.
As CEO, Pieper will lead oneworld through its 25th anniversary celebration year and focus on strengthening the alliance between its partners to provide customers an exceptional and seamless travel experience around the world. Pieper will report to the alliance’s Governing Board, comprised of the member airline CEOs.
Robert Isom, American Airlines Chief Executive Officer and oneworld alliance Chairman said: “We are excited to welcome Nat Pieper into the role of CEO at oneworld and look forward to the alliance continuing its journey of innovation and collaboration under his leadership. With more than 25 years of working in the industry, Nat has the experience to enhance oneworld’s position as the premier airline alliance, modernizing travel for millions of customers and oneworld frequent flyers.”
In his current position at Alaska Airlines, Pieper orchestrated the airline’s entrance into oneworld, executed aircraft transactions valued over $9 billion, and secured access to $5 billion in liquidity to ensure Alaska
viability through the pandemic. Previously, Pieper held executive positions at Delta Air Lines and Northwest Airlines overseeing international, strategic, alliance and financial functions.
Nat Pieper said, “In my airline career, I have admired from afar and now experienced first hand the influence and benefits the oneworld alliance brings to an airline and its customers. I am thrilled to join the oneworld family and look forward to working with all of the best-in-class carriers that are part of our alliance. The future of the oneworld alliance is bright and I am ready to continue to develop the alliance into its next 25 years.”
Pieper holds a bachelor’s degree in history from Duke University and a Master of Business Administration in finance, strategy and transportation management from Northwestern University’s Kellogg School of Management.
Business
Ceylinco Life agent among three global finalists for award
Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.
The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.
Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.
The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.
The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.
Business
CEAT Kelani retains AA+ rating for sixth year
CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.
The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.
Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.
The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.
Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.
The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.
CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.
Business
Commercial Bank leads nationwide aquatic clean-up drive
Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.
Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.
The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.
Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.
The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.
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