Jude Fernando made Janashakthi Life Chief Executive
ECONOMYNEXT – Sri Lanka’s Janashakthi Life said Jude Fernando has been appointed Chief Executive Officer with effect from 01 May, 2018.
"Having divested its General Insurance business earlier this year, Janashakthi has focused its efforts on the country’s underpenetrated Life Insurance segment. With Fernando at the helm, Janashakthi Life is set to embark on a major growth drive to further strengthen its position as a significant player in the Life Insurance industry," the company said in a statement.
Fernando succeeds Stuart Chapman who resigned from his position as CEO and Director due to personal commitments.
Fernando joined Janashakthi as the company’s Director and Deputy Chief Executive Officer in 2013 and overlooked both the general and life insurance businesses. In 2014 he was appointed CEO of the general insurance business.
An Accountant by profession, Jude holds an MBA from the University of Wales and is a Fellow Member of the Chartered Institute of Management Accountants (UK), a Fellow Member of the Association of Certified Chartered Accountants (UK), a Chartered Global Management Accountant (UK), and a Member of the Chartered Institute of Marketing (UK).
The Board of Directors of Janashakthi Insurance PLC comprises Husein Esufally, Chairman; Prakash Schaffter, Managing Director; Jude Fernando; Ramesh Schaffter; L. C. R. de C. Wijetunge; Anushya Coomaraswamy; Manjula Mathews; and Eardley Perera. (COLOMBO, 01 May 2018)