July 23, 2015 (LBO) – Sri Lanka’s Janashakthi Insurance has appointed Husein Esufally as its new Deputy Chairman and director of the company and Jude Fernando as Chief Executive Officer, a statement said.
“Janashakthi Insurance has appointed well-known corporate leader Husein Esufally to a new position as Deputy Chairman and a non-executive independent director with effect from July 22,” the company said in a stock exchange filling.
Esufally is the Chairman of the Hemas Group and stepped down as its CEO after serving a long spell from January 2001 to March 2014.
He holds a Bacholor of Science degree for electronics from the University of Sussex and involved in several industry associations and is also a member of the Board of Management of the Postgraduate Institute of Management (PIM).
The statement also said that Saman Jude Fernando has been appointed as Director/CEO with effect from July 22.
Fernando is an accountant by profession and holds an MBA from the University of Wales.
W.T. Ellawala is the chairman of the company while P.A. Schaffter is the Managing Director.