Business
AIA Insurance honoured as a ‘LEGEND’– a Great Place to Work for 10 years in a row
AIA Insurance was the only insurer to win the LEGEND title at the GPTW awards ceremony held recently in Colombo, surpassing the legendary 10 years as a Great Place to Work. This tremendous journey of AIA is a testament to its continued commitment in creating a diverse, inclusive and equitable culture rooted in the well-being and professional growth of all employees.
Great workplace cultures are built to last. Within the company, AIA creates and develops programmes that promote a healthy and innovative work culture while empowering employees to thrive at work and in life. Through shared experiences and collaboration in overcoming challenges, employees at AIA forge meaningful connections as supportive teammates while shaping an engaged and motivated culture that creates a community spirit and even family-like atmosphere.
AIA’s Chief Executive Officer Chathuri Munaweera commented, “A great place to work starts with a culture that enables us to have the opportunity to reach our potential. Being recognised as a Legend in creating a Great Place to Work by our employees for ten consecutive years is an incredible honour, a great source of pride and a testament to the strength and consistency of our culture. AIA Sri Lanka is a legend because it inspires, impacts and has touched the lives of many in such a positive way. It is the people of AIA that enables this with passion and purpose. This difference we make as an organisation starts with every individual at AIA. I thank the leaders at AIA at all levels for empowering our people to be their best and make a difference in their own unique way. Providing growth opportunities through great training, development and experience is a key enabler of this process and ultimately it goes to facilitate great value to customers.”
AIA’s Director Human Resources Thushari Perera added, “amid lockdowns and hybrid work arrangements, a key priority for us was to ensure that we continue to support our people so they can continue to do great work. We have always ensured that the right tools were provided to collaborate, communicate and connect irrespective of their work arrangements. At AIA, we don’t simply believe in being the ‘The Best’, we believe in better because there’s no limit to how far better can take us. We strive to create an environment where every one of our people feel seen, safe, connected and courageous. This guides us to not only how we treat one another, but how we serve our clients and how we support the communities where we live and work.”
With a rich heritage and an innovative mindset, AIA Insurance encourages job seekers with a fresh perspective, a collaborative mindset, and a sense of relentless curiosity to join us and be a part of our journey.
Dr. R. A. D. Jeewantha was honoured as the Most Innovative Dentist of the Year at the Business World International Awards, 2025. Organised by the Business World International Organisation, the award ceremony was held recently at the Mount Lavinia Hotel. A graduate of the Faculty of Dental Sciences, University of Peradeniya, Dr. Jeewantha has built a reputation as one of Sri Lanka’s most respected and forward-thinking dental surgeons. After gaining vital experience in Government hospitals, including the Teaching Hospital in Karapitiya, he also served at a leading private hospital before launching his own practice—Doctor J Premium Dental Care in Delkanda, Nugegoda.
His dental clinic is known for offering advanced, patient-focused treatments in restorative dentistry, cosmetic procedures, and implantology, using state-of-the-art technology. Dr. Jeewantha is especially skilled in dental implants, having completed the American Residency Course in Dental Implantology at Roseman University, accredited by the American Academy of Implant Dentistry. Dr. Jeewantha holds fellowships from the International College of Continuing Dental Education (FICCDE) and the Pierre Fauchard Academy (USA). His advanced skills include modern root canal treatments using Mineral Trioxide Aggregate (MTA) for both surgical and non-surgical procedures.
He has completed international trainings in digital dentistry, full-arch implantology techniques like All-on-Four and Zygomatic Systems, and smile design using digital 3D scans. He has participated in global dental events such as the Asia-Pacific Dental Congress and completed training at institutions including the University of Manchester and North Western State Medical University in Russia. His courses have covered everything from intraoral scanning to managing tooth wear. He has previously received many local and international awards. Dr. Jeewantha also serves the community as a Justice of the Peace for All Island.
The Foundation in Biological Studies at IIHS provides a unique alternative for students looking to fast-track their health careers after their Ordinary Level (O/L) exams. This programme offers a direct route to global health careers, bypassing traditional A/Ls. With over 1,000 students already advancing to universities in Australia, the UK, and Finland, IIHS has positioned the course as a reliable launchpad for careers in fields like medicine, nursing, biomedical sciences, and digital health. “This programme is a game-changer, offering a transformative journey into global healthcare education,” said IIHS CEO Dr. Kithsiri Edirisinghe.
Seylan Bank has recorded a Profit before Tax (PBT) of LKR 4,199 million in Q1 2025, marking a 13.36% growth compared to LKR 3,704 million in Q1 2024. Profit after Tax (PAT) rose by 20.29%, reaching LKR 2,761 million, up from LKR 2,295 million in the corresponding period of 2024.
Despite a decrease in net interest income by 8.37% due to market interest rate reductions, the bank’s net fee-based income grew by 13.83%, driven by fees from loans, cards, remittances, and other services. Total operating income for the quarter was LKR 11,258 million, a 3.83% decrease from the previous year, while operating expenses rose by 4.62%, largely due to increased personnel and other operating costs.
Impairment charges were significantly reduced by 83.17%, totaling LKR 262 million, reflecting the bank’s solid credit quality and proactive provisions. The bank’s impaired loan ratio improved to 1.98% from 2.10% in Q1 2024, with a provision cover ratio of 80.74%.
Seylan Bank’s total assets grew to LKR 785 billion, with loans and advances reaching LKR 469 billion and deposits totaling LKR 647 billion. The bank’s capital adequacy ratios remained strong, with the Common Equity Tier 1 Capital Ratio at 13.67% and Total Capital Ratio at 17.64%.
In addition to its financial performance, Seylan Bank continued its commitment to education, opening 16 more “Seylan Pahasara Libraries,” bringing the total to 281 libraries across the island.Fitch Ratings upgraded Seylan Bank’s National Long-Term Rating to ‘A+(lka)’ with a Stable Outlook in January 2025, further underscoring the bank’s financial stability and growth trajectory.
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