Some of Allianz Lanka’s Trailblazers receiving their awards from members of the company’s senior management team
Allianz Insurance Lanka Limited (Allianz Lanka) recognized 59 team members from across its Life and General Insurance businesses for their commitment to service excellence under its ‘Trailblazers of Allianz – We care A to Z 2020’ program.
These Trailblazers were nominated by the insurer’s management team from across the company for going above and beyond their call of duty, especially during the COVID-19 related lockdown, to deliver world-class service to Allianz Lanka’s policyholders. Their relentless efforts and steadfast commitment helped ensure seamless running of the company’s business operations as well as regulatory and back office processes during this period. Staying true to Allianz’s purpose of “securing your future”, they served as a key pillar of support to both customers and colleagues through the lockdown and beyond.
Running in parallel with Allianz Lanka’s on-going appraisal and rewards initiatives, the ‘Trailblazers of Allianz’ program seeks to look beyond performance numbers alone. It is aimed at honouring team members’ commitment to upholding Allianz’s values and delivering world class service that drives them to go above and beyond their call of duty.
Commending these exceptional Trailblazers, the program also hopes to encourage other team members to rise above challenges and become exceptional “work heroes” within Allianz Lanka’s agile, collaborative and creative work environment.
Thanking them for their dedication, Gany Subramaniam, Chief Executive Officer, Allianz Insurance Lanka Limited, presented them with letters of commendation and tokens of appreciation.
“At Allianz, we have always considered our team members to be our greatest asset. Their commitment and efforts to ensure uninterrupted service delivery at a time when the whole world is faced with an unprecedented health and economic crisis has been truly inspiring. This is especially true in the case of the 59 Trailblazers being honoured in this inaugural phase of our ‘Trailblazers of Allianz’ program. Rising above all challenges, they went beyond their call of duty to uphold our values and service standards during these trying times,” Mr. Subramaniam said. “Staying true to Allianz’s purpose of securing the future, these heroes are a symbol of our commitment to being there for our customers and all other stakeholders through thick and thin, always providing guidance, support and true partnership throughout their lives.”
Going forward, the program will continue to identify and highlight self-motivated individuals from across the company who work independently with minimum supervision and direction, meeting all deadlines and targets, consistently. It will look for team members who demonstrate exceptional leadership skills and an engaged, positive attitude, overcoming challenges and limitations through creativity and innovation.
Union Assurance crowns excellence
Union Assurance PLC held the Annual Awards 2021 to honour its top achievers for their exemplary performance. The ceremony was held at the Monarch Imperial on 8th May 2022, under the theme ‘Crowning Excellence.’ This event, which crowned the champions, was graced by a distinguished leadership team that included Chairman of John Keells Holdings, Krishan Balendra , and Chief Executive Officer of Union Assurance, Jude Gomes.
The awards ceremony recognised the exceptional performance of over 670 award winners, making it the highest number of annual award winners in the Company’s history, a feat driven by a record-breaking performance in 2021. The winners comprised advisors, agency leaders, regional managers, and zonal managers from the island-wide Agency network. The top achievers in the Agency channel (including Best Zone and Best Region) were honoured, while the Ultimate Champion Kalum Jayasinghe was rewarded with a flashy Mercedes-Benz car. Chanaka Appuhamy was also presented with a Mercedes-Benz for his Top of the Table Club achievement.
The CEO of Union Assurance, Jude Gomes lauded the winners for delivering outstanding results. He described their achievements as remarkable since 2021 was full of challenges arising from the pandemic.
Paduma Subasinghe appointed Director Human Resources at Heineken Lanka
Paduma Subasinghe has assumed duties as Director Human Resources of HEINEKEN Lanka Limited. He joins a distinguished panel of Management Team members at HEINEKEN Lanka headed by Managing Director Maud Meijboom-van Wel.
Prior to joining HEINEKEN Lanka, Paduma served as the Director Human Resources in one of the fastest growing export companies in Sri Lanka. His exposure in HR spans across large-scale conglomerates, telecommunication MNCs and consultancy with HR agility being at the core of his forte. Paduma’s versatility befits the transformational journey that HEINEKEN Lanka is on; setting bold ambitions that Challenge the Status Quo with the Courage to Dream and Pioneer whilst Caring for People and Planet to bring forth the joy of true togetherness.
A product of the University of Sri Jayewardenepura (PIM), his postgraduate studies were focused on Human Resources, and he is a Senior Certified Professional of the International Public Management Association for HR, USA. Paduma is also a member of Rotary International and plays a pivotal role in community service through his active involvement in the organisation.
Richard Pieris Finance announces resilient performance for FY 2021/22
Richard Pieris Finance Limited, a fully owned subsidiary of the Richard Pieris Group, and the sole financing arm under the renowned Arpico brand, delivered solid financial performance for the Financial Year 2021/22, amidst a challenging economic backdrop. Supported by the Company’s committed workforce and prudent management strategies, Richard Pieris Finance’s profit before taxes (PBT) rose by a notable 283% to Rs. 444 Mn, compared to prior year. The company also saw revenues growing by 16% to Rs.2,441 Mn during the period. The Company’s deposit base and asset base too grew during the year to Rs.9,910 Mn and Rs.17,927 Mn respectively.
Discussing the achievements and milestones of the year, Lohika Fonseka, CEO at Richard Pieris Finance Limited said, “We are pleased to inform all our stakeholders that the management of Richard Pieris Finance Limited has successfully guided the Company through some of the most challenging times our nation has ever faced. We intend continuing this trajectory, building on our achievements. Supported by our digital drive, the company obtained the membership in CEFTS and JustPay during the year to further customer convenience. Also, we have introduced several new products including pawning to expand our portfolio. Furthermore, taking our plans to fruition, we have upgraded three outlets as fully-fledged branches during 2021/22 to provide a better service to our valuable customers. During the year, Richard Pieris Group infused Rs. 280 Mn of equity capital for strengthening the company’s Tier-1 capital base and the company successfully concluded a debt capital infusion of Rs. 1 Bn to improve the Tier-2 capital base, which positioned the company well above its peers in terms of capital adequacy. While maintaining stability and resilience, we look forward to continuing our business expansion as we pivot and position to tackle the challenges ahead, while always focusing on customer convenience.”
Underscoring the stability and strength of Richard Pieris Finance Limited, the Company has been assessed with the coveted AA-(RWN) from Fitch Ratings Lanka Limited, one of Sri Lanka’s premier credit rating agencies. The Company appointed Kithsiri Wanigasekara as the Chairman who is a veteran professional in the financial services industry together with Shantha Wijeweera, Kithsiri Wijeyaratne, Asoka Keppetipola and Kelum Senanayake to guide and support the Corporate Management team, to navigate the present turbulent economic environment skilfully and effectively. The corporate management team of Richard Pieris Finance Limited comprises of financial industry professionals in multiple disciplines including veteran bankers and legal professionals. Operating within a resilient corporate governance structure while maintaining robust internal controls relating to risk management, compliance and further supported by digital transformation, Richard Pieris Finance Limited is confident on maintaining its growth momentum in future.
Richard Pieris Finance Limited provides Sri Lankans with a full-range of financial products and services including fixed deposits, savings, leasing, Islamic finance, business loans, personal loans, pawning, furniture financing and digital finance solutions. The Richard Pieris Group is a diversified business conglomerate with a rich history spanning over 90 years, having its arms spread across multiple sectors including manufacturing, plantations, financial services, exports, FMCG, logistics and retail. Its flagship brand, “Arpico Supercentres” is one of the most powerful local household brands in Sri Lanka for over 50 years, serving the community with a diverse range of products. A melting pot of talent, home to a workforce of over 27,000 people, Richard Pieris and Company PLC is one of the largest employers in Sri Lanka’s private sector.
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