JXG reimagines finance with diversified strengths and visionary expansion plans

Ramesh Schaffter

JXG (Janashakthi Group) is shaping the future of the financial industry in Sri Lanka with the vision of “Breaking Barriers, Forging Futures.”

As a financial conglomerate, JXG unites insurance, capital markets and non-banking finance under one powerful identity, delivering innovation and growth at scale.

The conglomerate’s trailblazing and diversified strengths make it unique in the market. Through its three pillars, Janashakthi Life, First Capital and Janashakthi Finance; JXG integrates growth, access and protection to serve diverse financial needs with balance and strength. Ramesh Schaffter, Managing Director/Group Chief Executive Officer, JXG elaborates, “What distinguishes JXG is our integrated structure. Our strategy is to envision our three business pillars operating as one unified ecosystem, enabling clients to access capital markets expertise, secure financing and build long-term security through life insurance solutions within a single conglomerate framework. Our 2026 strategy focuses on deepening this model locally to serve households across Sri Lanka, while extending the same integrated approach regionally.”

JXG’s strategic direction is clear, to reimagine finance to create wealth and change lives. Combining robust financial services with insightfulleadership, JXG is building momentum in the market and shaping a future where financial inclusion, innovation, and resilience support Sri Lanka’s progress. The integrated model benefits clients through stability and creativity.

By 2026, JXG aims to expand into both familiar and new financial services in ways that touch every Sri Lankan household. The vision movesoutside the domestic market as JXG is determined to carry thesame values beyond Sri Lanka.

The conglomerate’s forward-looking approach emphasizes building meaningful impact through partnerships to strengthen its leadership position. Collaborating with trusted institutions and forward-thinking enterprises, JXG intends to create synergies to accelerate growth and reinforcethe reputation as a legacy-driven leader.The heart of JXG is its people and their commitment to stability. 

JXG has built a culture rooted in trust, purpose, and performance mirrored in its ‘Great Place To Work’ ratings, with a 97 percent positive response rate and an overall score of 93 percent. JXG invests in people at every level, fostering a supportive, empowering and inclusive environment where transformation begins. Through initiatives such as the Apprentice Director Programme andManagement Trainee Programme, JXG nurtures talent equipping the next generation to lead. 

As a financial conglomerate, JXG has established a strong foundation of trust and perseverance, providing clients and stakeholders with confidence even in times of uncertainty. Backed by decades of expertise and a diversified portfolio, JXG continues to deliver consistency and long-term value across its businesses.