Sunil Siyasena appointed as CEO of MBSL Insurance

2 September 2014 06:32 am - 0 - {{hitsCtrl.values.hits}}

A A A

Sunil Siyasena, a veteran in the Insurance Industry has been appointed as the CEO of MBSL Insurance Company Ltd., recently. Siyasena carries a wealth of experience both locally and internationally. Uniqueness of Siyasena’s career is that he has had the privilege in serving both Insurance and Broking Sectors throughout his career spanning over 40 years which will immensely help him in his new position. Currently he is an Executive Committee Member of the Insurance Association of Sri Lanka representing MBSL Insurance Co. and he also been the President of the Sri Lanka Insurance Brokers Association from 2007 to 2009. A further landmark of his career is that he has represented AON Benfield in Sri Lanka as the Specified Officer, the largest insurance/ reinsurance broker in the World for well over a decade.

An Associate of the Chartered Insurance Institute of London, Siyasena has held senior positions at Delmege Insurance Brokers ( Pvt) Ltd.,, Whittal Boustead, National Company for Cooperative Insurance ( UAE), Union Assurance Ltd. and National Insurance Corporation. He was also the President of the Sri Lanka Insurance Institute in 2004.

On his appointment as the new CEO, Siyasena said that “MBSL Insurance is poised to grow as a leading Insurer by 2016 through a strategy of enhancing the core business with the expected support from our corporate parents Merchant Bank of Sri Lanka Plc., ( MBSL) and Bank of Ceylon. He further stated that the prime focus will be to address customers at all levels of the society through an enhanced product portfolio and a wide network of customer service centers.

“We have already undertaken drastic internal changes to boost our customer services to superior standards. High customer satisfaction, good governance and a dedicated and motivated staff are the three key elements of our strategic thrust” says Siyasena.

MBSL Insurance Company Ltd., is licensed by the Insurance Board of Sri Lanka ( IBSL) and was incorporated on 24th September 2004 under the Companies Act No. 17 of 1982 and duly registered under the Companies Act No. 07 of 2007. The main shareholder of MBSL Insurance is Merchant Bank of Sri Lanka Plc., ( MBSL) with a strategic stake of 78.02% and MBSL is a subsidiary of the banking giant Bank of Ceylon.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Sunil Siyasena appointed as CEO of MBSL Insurance

Comments - 0

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

New Visa procedure implemented

23 year old youth ends up having his testicles removed

Confusion remains if April 15 is a bank holiday

SL on alert on possible genocide allegations by Canada

April 15 declared a government holiday

Belgian traveller scammed in Kalutara

MIRROR CRICKET

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

Chamodi, Dewmi spins Sri Lanka U19 Women to big win

TODAY'S HEADLINES

Wild elephants pull down 16 telephone poles

Middleman arrested for price gouging at Kalutara eatery

Bondholders’ agreement delay won’t hinder IMF third tranche payout: Dr. Coomaraswamy

Party leaders to shoot down MPs request for concessionary duty free vehicle permits

Hardik fined Rs 12 lakh for violating IPL code of conduct after win over Punjab Kings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings