AIA Insurance proudly congratulates Krishan Wasantha Dassanayaka, who has been honoured by the Million Dollar Round Table (MDRT) with an invitation to serve on the Membership Communications Committee (MCC) as Country Chair for Sri Lanka.
The MCC is a network of more than 400 members worldwide who are responsible for promoting MDRT and communicating information to current and aspiring members, companies, and other industry organizations and reporting the needs and concerns of members to the MDRT Executive Committee and MDRT headquarters in the USA. MDRT is a global and independent association that is internationally recognised as the standard of excellence in life insurance and financial services. MDRT has an overall membership of 72,000 from over 500 companies in 70 countries. Its members are required to generate a certain level of premium, commission and income, and demonstrate professional knowledge, strict ethical conduct and outstanding client service.
This is an outstanding achievement both personally and professionally and one which has brought great pride to person and organization. With this prestigious new appointment, Krishan will work with the global MDRT team for innovative ideation, groundbreaking implementation and achieving high-quality results
Having joined AIA Insurance as a Wealth Planner in 2003, Krishan has always been a top performer and source of pride to the organisation. He has won a host of national awards including the Golden Eagle (2009) and Silver Eagle (2004,2005,2006,2007,2008) as well as being recognized by AIA as a ‘Premier Wealth Planner’ for six years straight ( 2010,2011,2012, 2013,2014,2015) and as a ‘Supreme Wealth Planner’ for 4 years consecutively ( 2016 , 2017 , 2018, 2019) , in addition to being awarded the First Runner Up- Best Wealth Planner in 2009 and 2010 and as ‘Upcoming Wealth Planner in 2013. He was also a 10 million round table qualifier in 2015, 2017.
On an international platform too, he has shone. Having secured MDRT membership for eleven years running (2009, 2010, 2011, 2012, 2013 2014,2015,2016,2017,2018,2019), he was made an MDRT life member in 2018 and was also the MDRT Chief Ambassador for Sri Lanka in the AIA Group (2019, 2020). He was a winner for AIA’s most prestigious recognition, a ‘President’s Club’ for 4 years (2013, 2014, 2016, 2018) and was AIA Group’s ‘AIA Life Hero’ in 2015. He was selected as AIA Sri Lanka’s Centennial Ambassador in 2019, where he represented Sri Lanka at the AIA Group Centennial celebrations in Vietnam.
AIA’s CEO Nikhil Advani commented, “Being a country chair representing Sri Lanka for MDRT is a huge achievement and we are immensely proud of Krishan. He has brought great honour to AIA and we wish him all the best as he settles into this exciting and important role and continues to, together with AIA, help people live Healthier, Longer, Better, Lives.”
AIA’s Deputy CEO and Chief Agency Officer Upul Wijesinghe added, “AIA Sri Lanka has topped MDRT in Sri Lanka for five consecutive years, which is testament to the high caliber of Wealth Planners we have, to ensure nothing but the best for our customers. Krishan has always been an outstanding member of our team and he has once again raised the benchmark.”
Krishan Dassanayaka commented, “this is a huge achievement for me, and I am deeply thankful for the experiences, learning and opportunities I have received at AIA, which has helped my journey in reaching such heights. Being a part of the world’s largest life insurance group has certainly helped my personal and professional growth.” He also extended his fullest support to all MDRT members in Sri Lanka and ensured his commitment to helping the country reach greater heights within the MDRT community.
CBSL and IFC launch National Financial Inclusion Strategy
Sri Lanka’s first National Financial Inclusion Strategy (NFIS) aunched recently, aims to make financial services more accessible, efficient, and affordable for all households and businesses in the country.
The NFIS is a joint effort led by the Central Bank of Sri Lanka—with technical and financial assistance from IFC, a member of the World Bank Group—under the IFC-DFAT Women in Work program. The development of this strategy was a multi-stakeholder effort supported by the government of Sri Lanka.
“The National Financial Inclusion Strategy symbolizes our country’s commitment towards a better and inclusive Sri Lanka that will benefit all individuals and enterprises. I believe this strategy will complement the Government’s efforts to minimize the provincial income disparities, urban-rural inequalities, and to promote inclusive growth,” said Mahinda Rajapaksa, Prime Minister of Sri Lanka.
“More importantly, this strategy prioritizes future generations, having identified financial literacy as a key pillar. The proposal to strengthen the national curriculum in this area is a positive step. Investing in the education of our younger generation is the most significant investment we can make as a nation, as this will be a particularly helpful approach to the systematic correction of the financial habits of Sri Lankans,” the Prime Minister said.
HNB – Havelock City partnership offers exclusive Ezy Pay Home Loans facility
HNB PLC has partnered with Havelock City mixed-use development project to offer prospective homeowners of state-ofthe-art luxury apartments in Stratford and Melford Towers (Phase 3 – COC certified) and Peterson and Edmonton Towers (Phase 4) with the exclusive Ezy Pay Home Loans facility.
The partnership is set to offer customers the unprecedented opportunity to make a payment of only 20% and immediately occupy the limited units available in Phase 3 of the project or invest in apartments available in Phase 4, scheduled to be completed by May 2021. Further, Havelock City will take on the customer’s interest payment for one year.
“We have witnessed an increase in the demand for apartments and are aware that there is a limited stock of units available in the heart of Colombo. Therefore, we hope that this partnership with Havelock City will offer our customers looking to invest in a home of their own the facility to either move into an apartment immediately or invest in a home of their dreams,” HNB Head of Personal Financial Services, Kanchana Karunagama said.
Prospective homeowners can make use the bank’s flexible repayment options, such as the Step-up facility, which offers a repayment option in line with the customers evolving income. Customers can also obtain a maximum repayment period of 25 years for the loan facility for an attractive interest rate starting from just 7%.
DPL lends a hand to children in Monaragala Rubber Farming Communities
As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder rubber farmers for the 10th consecutive year, under its flagship Firstlight CSR project.
This year’s distribution recorded the largest donation of school bags, which was nearly a two-fold increase from the previous year, bringing the total value of the distribution up to nearly Rs. 1 million.
Taking place at the Pinwatta Bodimalu Viharaya in Medagama, Monaragala, this latest distribution marks the Company’s continued efforts to support the smallholder rubber farming communities, by ensuring that their essential needs are looked after.
“Especially in this time of economic uncertainty, with the nation facing significant challenges and hardships, it is truly touching to see the positive impact which we continue to have on the underprivileged smallholder rubber farming communities. We believe that programmes like Firstlight hold the key to enhancing the livelihoods of our 1500-strong rubber farmers, providing them with an improved quality of life, whilst paving the way to open up new opportunities and a brighter future. This is why, with the enthusiastic response we have received over the years, we have now also expanded this school bag distribution to include the District of Kegalle,” Dipped Products Deputy Managing Director, Pushpika Janadheera said.
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