Areas of oversight

• Good governance
• Relations with shareholders and stakeholders
• Balance of power between Executive and Nonexecutive Directors
• Effective conduct of Board meetings

• Re-composition of the Board and the Board Sub-committees in compliance with regulatory requirements
• Regular conduct of Board meetings in an effective manner
• Ensured key stakeholder concerns were discussed at Board meetings.
• Strengthened shareholder confidence, reinforcing Ceylinco Life’s market leadership in life insurance.
• Provided strategic leadership, ensuring Ceylinco Life’s longterm stability and ESG-driven growth.

Areas of oversight

• Overall business strategy
• Digitalisation and technological enhancements
• Compliance and risk management
• Customer service and engagement
• Community engagement
• Environmental sustainability mandate

• Completed the 3-year business plan
• Leading the digitalisation and technological drive
• Leading community engagement activities (classroom development, Waidya Hamuwa, HDUs etc.) – pages 197 to 200
• Zero regulatory sanctions or fines
• Maintained IT systems uptime at world-class levels and sound cyber security
• Received multiple prestigious awards – pages 20-21
• Integrate green building practices into operational network.

Areas of oversight

• Human resources
• Training and development

• 22.22% female employee representation in workforce achieved which is 1.55% higher than last year.
• Training hours per employees 19.87
• Increase in salaries and benefits paid by 9% from last year to Rs. 2.85 Bn
• No. of promotions - 114
• Ensured seamless succession planning in key roles

Areas of oversight

• Financial discipline
• Financial risk management
• Facilities management and construction
• Asset and liability valuations

• Achieved key financial highlights – page 17
• Working towards implementation of SLFRS 17, SLFRS 09 and S1/S2 standards
• Raised the purpose, sustainability and ESG agenda across the organisation.
• Received multiple prestigious industry awards for excellence in corporate reporting
• Set new financial medium-term and long-term targets as part of business planning to support ongoing value creation for shareholders.
• Ensured the achievement of sustainability efficiencies through green initiatives.
• Arranging competitions and providing rewards to employees for their sustainability efforts