The Sri Lanka Insurance Corporation (SLIC) announced the appointment of Nusith Kumaratunga as the new Chairman, effective 18 October 2024, with Kumaratunga officially assuming his duties on 22 October 2024.
Key Highlights:
- Extensive Experience: Kumaratunga is a seasoned professional with a rich background in finance, management, and entrepreneurship, positioning him as a strong leader for Sri Lanka’s largest insurance provider.
- Professional Credentials: He is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka and a member of the Institute of Certified Management Accountants. Additionally, he holds a B.Sc. Special Degree in Estate Management and Valuation from the University of Sri Jayewardenepura.
- Entrepreneurial Journey: In 2000, Kumaratunga founded his own firm, Nusith Kumaratunga & Co., known for its expertise in audit services, tax planning, and management consultancy, especially supporting small and medium enterprises (SMEs).
- SME Development and Economic Impact: Kumaratunga has significantly contributed to SME development, serving as a key resource for the Ceylon Chamber of Commerce’s SME Development Facility Project and conducting training programs for entrepreneurs across Sri Lanka.
- Strategic Leadership: In his new role, Kumaratunga is expected to bring innovative strategies to ensure SLIC’s continued growth and leadership in the insurance sector.
His extensive experience in finance, management, and policy advisory will be crucial in navigating the future of Sri Lanka’s insurance landscape.
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Sri Lanka Insurance Corporation (SLIC)
Last modified: October 24, 2024