Business
Stuart Chapman and Rohan Fernando receive Lifetime Marketer’s Achievement Award from AIMG
The Association of International Marketing Graduates in Sri Lanka (AIMG SL) recently honoured two marketing stalwarts with the ‘Lifetime Marketer’s Achievement Award’ at a ceremony held on 6th December 2022 at Cinnamon Grand Colombo.
The Lifetime Marketer’s Achievement Award recognises the outstanding contribution and recognition key marketing individuals have brought to Sri Lanka’s Marketing Industry. Honouring Non-Executive Director of HNB Assurance, United Motors, and Hemas Pharmaceuticals – Stuart Chapman and Managing Director, Aitken Spence Plantations Management PLC and Elpitiya Plantations PLC – Rohan Fernando.
Chapman is a Marketing Professional with over 40 years of experience in Businesses Leadership and Strategic Development. Chapman began from humble beginnings to now head local and multinational organisations across diverse industries including Healthcare, FMCG, Consumer Durables, Insurance, Banking and Telecommunications. As a founding member of the Chartered Institute of Marketing (CIM) Sri Lanka Branch, Chapman also later served as the President of the CIM Sri Lanka Region, as well as the President of the Sri Lanka Chamber of the Pharmaceutical Industry of the Ceylon Chamber of Commerce. Known as a Mentor, Lecturer, Keynote Speaker and above all a strong advocate of the value of Marketing Professionals in the Boardroom, Chapman has served as Director Life – Ceylinco Insurance, Marketing Director – Reckitt Benckiser, Managing Director – Hemas Pharmaceuticals, Managing Director – LOLC, Managing Director – GlaxoSmithKline Pharmaceuticals, Managing Director – Janashakthi Insurance, Senior Brand Manager – Unilever and Marketing Manager – Celltell.
Fernando has sat at the helm of Aitken Spence Plantations as the MD since 1997 and has played an integral role in strategically navigating the success and growth of Plantation segments, as well as that of Group covering Sustainability and branding. Currently the President of the Palm Oil Industry Association of Sri Lanka, Fernando has previously held positions such as Chairman – United Nations Global Compact Network, Sri Lanka, and President – Chartered Institute of Marketing Sri Lanka Region.
The Lifetime Marketer’s Achievement Award was previously presented to Mr. Eardley Perera – an alumnus of Holy Cross College Kalutara; a senior member (Honorary Fellow) and graduate of The Chartered Institute of Marketing, UK, with over 45 years of experience in Management across UK, Sweden, South Korea, India, Philippines and Singapore.
The Association of International Marketing Graduates in Sri Lanka (AIMG SL) was established in July 2020 by veterans of the marketing industry boasting over 3 decades of expertise and experience, with its main focus to create a dynamic and professional association with international marketing qualifications, connecting young and senior members to create a platform for knowledge sharing via workshops, programmes and various other activities. Its objective remains to aid Sri Lanka-based marketers to stay at the forefront of their professions and the market.
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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