Sithumina Jayasundara, Chief Operating Officer of HNB General Insurance Limited has been elected as the 19th President of the Sri Lanka Insurance Institute (SLII). The appointment of Jayasundara was pronounced at the Annual General Meeting held on the 22nd of July, 2021.
An old boy of St. Anthony’s College, Kandy, Jayasundara is the current Chief Operating Officer, Specified Officer and Principal Officer of HNB General Insurance Limited and counts over 25 years of experience in the Insurance Industry. Prior to joining HNB General Insurance Limited, he has led many teams and has held several key positions related to Non-Life at Asian Alliance Insurance PLC, MBSL Insurance Company Limited, Janashakthi Insurance Co. Limited and Eagle Insurance PLC. Jayasundara has obtained foreign exposure through different training programmes and conferences related to General Insurance and specializes in the field of Reinsurance.
Jayasundara is a founding Council Member of The Association of Chartered Insurance Professionals (ACIP) in Sri Lanka. He holds a Master’s Degree in Business Administration from the Cardiff Metropolitan University, UK, an Advanced Diploma in Insurance (ACII – UK) and holds the status of a Chartered Insurer and the Senior Associateship of the Australian and New Zealand Institute of Insurance and Finance.
The Sri Lanka Insurance Institute (SLII) is the premier insurance educational body in Sri Lanka and is in existence for over 40 years. SLII’s main objectives are to instill and maintain the professionalism in the industry whilst encouraging and assisting studies in insurance and to create a social forum for its members.
Driven by an enduring commitment to enhance the scope of insurance in Sri Lanka, SLII has forged several affiliations over the years with recognized international bodies, including The Chartered Insurance Institute of London and the Insurance Institute of India to offer a broad range of recognized qualifications at Certificate, Diploma and Advanced Diploma levels.
In partnering with distinguished educational entities and conduct examinations on behalf of the Chartered Insurance Institute (CII) UK, Insurance Institute of India and the qualifying examination for the insurance advisors on behalf of the Insurance Regulatory Commission of Sri Lanka. The SLII also offers Diplomas and Certificate courses relating to insurance. The Diploma of SLII has been recognized as one of the best Insurance Diplomas in the South Asian Region and the institute has continued its international operations in Maldives as well.
The new council elected for the year 2021/2022
Sithumina Jayasundara – President, Mahendra Weligoda – Vice President, Anushka Jayasinghe – Secretary, Sameera Dharmasena – Assistant Secretary, Kushmalee Amaradiwakara – Treasurer, Chandima Sumanathunga – Council Member, Romesh Modarage – Council Member, Lachini Chithrasena – Council Member, Kusum Thenuwara – Council Member, Saman Kumara – Council Member and Manura Perera – Council Member
SLTMobitel-PEOTV and DP Education launch ‘Videsa DP Education’
SLT-MOBITEL, the National ICT, Telecommunications and Mobile Services Provider has teamed up with DP Education, to launch ‘Videsa DP Education’, a dedicated educational channel on CH.215 of SLTMobitel–PEOTV, ensuring school children from Grade Five to Advanced Level have access to a high-quality learning experience with Rewind TV.
The revolutionary services of SLTMobitel-PEOTV includes ‘Videsa’ a series of educational channels hosted on the platform, that comprise of 06 TV channels dedicated to individual grades covering grades 06 to 11, that enhance the knowledge sharing with curriculum-centered lessons from a panel of reputed teachers. DP Education, a unique online learning platform, leverages digital solutions to deliver quality education to empower students. Together, Videsa and DP Education, enrich the educational arena further with the ‘Videsa DP Education’ channel, a dedicated television space for the students at home.
This path-breaking partnership is a commitment by SLTMobitel–PEOTV to support the education of children, whose options are limited due to the challenges convergence posed by the COVID-19 pandemic. The initiative will use the home TV screen and mobile devices as a ubiquitous medium to impart knowledge providing access to quality education for students across the country.
Commenting on the initiative, Rohan Fernando, Group Chairman, SLT said, “We understand that parents are now faced with the challenge of keeping their children safe during the pandemic as well as having to deal with the ongoing disturbances to their children’s education. As a solution to ensure that their learning remains uninterrupted, we have already introduced six different channels for Grade 6 to Grade 11 students through our Videsa digital platform. Our latest initiative and partnership with DP Education has now enabled us to launch a dedicated channel with unique learning experiences in key subjects such as Mathematics, Science and English for students from Grade 5 to Advanced Level with the Rewind TV facility. We are appreciative of the exceptional efforts extended by Mr. Dammika Perera and his team at DP Education and are grateful for the opportunity to connect the two learning platforms together in unison to create a revolutionary learning experience for our children”.
Thornton and Dane’s combined projects portfolio tops Rs 5.9 billion
Thornton Engineering, the Nextventures owned civil engineering company, has announced the acquisition of a 100% stake in Dane Engineering (Pvt) Ltd. for Rs 350 million, creating a construction business with a combined portfolio of Rs 5.9 billion.
The new entity, Thornton and Dane Engineering, expects to add new construction projects with a cumulative value of Rs 5 billion within the current financial year, nearly doubling its projects portfolio, the Company said in its announcement.
“We are excited at the post-acquisition prospects for the new company, because we strongly believe that it is a good example for the concept of the whole being greater than the sum of its parts,” said Thornton and Dane Director Dinesh Schaffter. “The combined strengths of Thornton and Dane create a formidable as well as extremely flexible engineering company that is capable of executing projects of varying scope and scale.”
Capacity-building programs for SMEs
Sri Lanka Chamber of Small and Medium Industries (SLCSMI), the apex body for SMEs in Sri Lanka has been at the forefront in supporting the SMEs during the pandemic. The chamber took several measures since the pandemic first hit the country in the first quarter of 2020. The Webinar series “Way Forward for SMEs” was a grand success among other initiatives, which was conducted with the participation of prominent scholars, leading business personalities as well as top rankers of state and private sector organizations.
The president of SLCSMI, Prof. Rohan De Silva said: “We are always there to represent and support the SMEs in the country and that’s our prime duty. During the first wave, we understood the need to share the knowledge and provide psychological support for the business owners to withstand the difficult times and that’s how the webinar series was born. Our initiative was well received by the businesses and our audience was not limited to Sri Lanka alone, as we witnessed participants from around 12 countries.”
Prof. Rohan further said that the chamber has looked at the possibilities of providing sustainable solutions to the SMEs beyond merely conducting knowledge sharing sessions and the Executive Committee has decided to introduce a range of Capacity Building programs to develop the SMEs. These programs include different solutions to address various gaps among the SMEs and the chamber intends to issue a valuable certificate for the participants of these programs.
The chamber has partnered with the Asia Pacific Institute of Money and Entrepreneurship Development (iMED) to design and deliver the programs and the details of the Programs will be unveiled at the launching event scheduled to be held on the 25th of September.
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