Business
HNB hails Sri Lanka Paralympic heroes as an inspiration to new generation of athletes
Sri Lanka’s very first Olympic Gold Medallist together with the Bronze medallist and participant delegation to the Tokyo 2020 Paralympic Games, resonated a vibrant and inspirational example to new generation athletes and youth of the country, at a felicitation ceremony organized by the country’s leading private bank, HNB.
Recognising their outstanding performances – which included securing Gold and Bronze medals and establishing a new world record – HNB’s Sustainability Foundation presented plaques and cash rewards to the award winning athletes, coaches and officials who were part of the delegation.
The felicitation ceremony, held at HNB Towers, the Bank’s head office was attended by HNB Managing Director /CEO – Jonathan Alles, Chief Transformation Officer/DGM – L Chiranthi Cooray, Deputy General Manager –Retail & SME Banking – Sanjay Wijemanne and HNB Sports Club President/AGM Hisham Ally, as well as National Paralympic Committee (NPC) of Sri Lanka Honorary President, Lieutenant Colonel Deepal Herath and other officials.
“You have scaled mountains that others only dream of conquering,” HNB Managing Director/CEO, Jonathan Alles said, congratulating the members of the delegation. “We, at HNB draw inspiration from your achievements and hope that the country’s youth and new generation of athletes too will do the same. Sports can help develop qualities which are essential for organizations, particularly teamwork and the country will benefit from youth taking a greater interest in sports activities.”
The highlight of the event was the felicitation of Dinesh Herath – who won Gold in Men’s Javelin Throw F46 – and Samitha Dulan Kodithuwakku – the Bronze medallist in the Men’s Javelin Throw F64. Herath is also the first Sri Lankan to win an Olympic or Paralympic Gold and set a new world record in his event.
Business
HNB Assurance climbs 13 places on LMD 100 rankings
HNB Assurance PLC (HNBA) made a significant ascent in the latest LMD 100 rankings climbing 13 places to reach rank 64, cementing its position as one of Sri Lanka’s leading listed companies. Throughout the past few years, HNB Assurance has grown stronger, smarter and more united in its purpose, turning challenges into opportunities and refining every aspect of its operations.
The LMD 100 is a prestigious annual ranking that evaluates the financial and strategic performance of publicly listed companies in Sri Lanka. HNB Assurance has consistently climbed the ranks year after year in recent years, reflecting the company’s sustained growth. With 2025 underway, HNB Assurance is planning to leverage its strengths and growth momentum maintained over the past couple of years, as this year represents the penultimate step in its ambitious journey toward achieving the vision of “10% market share by 2026”, a transformative goal that aims to redefine, elevate and position the company as a trailblazer in the industry.
Sharing his thoughts on the company’s new ranking, Lasitha Wimalarathne, Chief Executive Officer of HNB Assurance PLC, stated, “Our upward trajectory in the LMD 100 rankings reflects the collective efforts of our incredible team, the trust our customers have placed in us and our ability to adapt to the dynamic business landscape. At HNB Assurance, we remain committed to strengthening our core business, embracing innovation and delivering sustainable value to all our stakeholders.”
“As we step into 2025, it is inspiring to reflect on our journey so far. By the end of Q3 2024, we achieved growth that was well above the industry average, a remarkable feat we’ve consistently maintained since 2022. This success has been driven by the exceptional efforts of our sales force both from the Advisor Distribution and Partnerships channels, alongside the support of all our teams. I must also add that our vision for ‘10 in 2026’ is not merely a corporate milestone, it embodies our broader aspiration to transform lives, uplift communities and set new benchmarks in the industry. As the countdown to this goal continues, we will maintain our growth, while continuing to stive and create a lasting impact on the lives of our policyholders.” added, Wimalaratne.
Business
Sri Lanka Insurance further Expand its presence to Naiwala
Sri Lanka Insurance further expands its presence in the Upper Western region with the opens its Naiwala Agency Business Development Center (ABDC) on the 12th of December at No.90/6/C, Airport Road, Naiwala junction, Veyangoda.
The occasion was graced by SLIC Life Chief Business Officer Namalee A. Silva, Deputy General Manager – National Sales (Life) Jagath Welgama, Upper Western regional management, Branch Management of Veyangoda representing Life and General categories. Distinguished invitees and customers of the area were also in attendance at the event.
Agency Business Development Centers (ABDC) allows SLIC to further enhance its reach, which provides convenience and speed of service delivery to its loyal customers in relation with their protection needs.
Business
CEAT Kelani Launches high-performance tractor tyre for Maha season
CEAT Kelani Holdings has introduced a new high-performance tractor tyre, the 13.6 – 28 PUDDLE XL TT 12PR, just in time for the harvest phase of the Maha cultivation season. Designed specifically for agricultural use, this innovative cross-ply tyre promises to enhance farming efficiency and tractor operations.
Compatible with leading tractor brands such as Sonalika, TAFE, John Deere, and Mahindra, the tyre features advanced design elements tailored for puddling operations. Its higher non-skid depth (NSD) ensures superior traction in wet and muddy conditions, while wide and angular lugs improve stability and grip. The tyre’s deep and open shoulders allow for effective self-cleaning, and reinforced carcass construction extends its lifespan, offering excellent value for farmers.
This is the sixth tractor tyre variant developed and manufactured locally by CEAT Kelani Holdings, showcasing the company’s dedication to the agriculture sector.
CEAT Kelani Chief Operating Officer Shamal Gunawardene noted that the tyre addresses the unique challenges faced during the harvest period. “It ensures improved performance, durability, and reliability, empowering farmers and operators to achieve better productivity,” he said.
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