Ravi K justifies Insurance corporation MD’s appointment

June 17, 2015 (LBO) – Sri Lanka Finance Minister Ravi Karunanayake, justifying the appointment of T.
M.R. Bangsa Jayah brother-in-law of the Minister says that it’s better to appoint a go getter rather than an inefficient professional.
Jayah was appointed as the Managing Director (MD) of Sri Lanka Insurance Corporation after the new administration took over on the January 08th this year.

“I have nothing to do with it,” Ravi Karunanayake told LBO.
“In insurance you have to appoint go getters rather than ineffecient people and the revenues have increased 35 percent for the past four months – What more do you want?”

“You should see how efficiently the Insurance Corporation runs now.”

The Corporation is an institution coming under the purview of Karunanayake as the Finance Minister.

Bangsa Jayah has served as a Sergeant of Sri Lanka Police and is the brother of Minister Karunanayake’s wife.

According to Sri Lanka Insurance website, (http://www.
srilankainsurance.com/news/93.php),
“Mr. T.M.R. Bangsa Jayah is a retired commissioned Police Officer, who has experience in the Police service for 29 years. During his career with the Police Department he worked as the Chief Security Officer for the Deputy Speaker and North-East Governor. He is a product of St.Anne’s College, Kurunegala and has studied further in Aquinas College, Colombo.
During his school period he has excelled in sports including Cricket and Soccer. He is a member of School Cadetting Team and has held the rank of Company Sergeant Major. After his schooling he has completed his First In Laws at the Law Faculty, Colombo. Mr. Bangsa Jayah has experience in the construction industry for more than 15 years and he has been a principal partner in a well known piling company.

However no professional qualification were mentioned on his profile.

The former Rajapakse regime was also accused of turning the country into a family business, appointing relations and friends in to government authorities.

30 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Leveena
Leveena
10 years ago

Whats the newst situation of this ? any updates ?

Lalinda Perera
Lalinda Perera
10 years ago

as a governing system that kept criticizing and finding fault with the previous regime where almost everyone in senior administration was related somehow to one another and the disasters that ensued, the current system should think several times about appointing someone related to them. Regardless of how experienced or so the person is, appointing a relative to a high post such as this will rarely be accepted well by the society given the circumstance. I personally feel, no disrespect to Mr. T.M.R Bangsa Jayah, nor do i doubt his prowess in management, that this appointment should not have taken place, purely due to the circumstance.

TG
TG
10 years ago

So the rest of the professionals SLIC has not contributed to the 35% increase in business??Bloody nonsense !! This is proof of the disconnection between the mouth and the brain!

john smith
john smith
10 years ago
Reply to  Raja

I did not defend RW, or the present government. I am saying they are the better option against the MR clan. But on account of their behavior in the 100 days I will vote for SLFP if MS manages to keep MR out.

I assume you are implying the LTTE when you refer to the peaceful conditions.

I do not consider the conditions the country was living in under the Rajapaksa Family rule as peaceful. If you were a member of The Rajapaksa family or were one of his suck ups you had absolute freedom to do whatever you wanted. Be it simple things like freedom to be the captain of the rugby team if you were the best choice (I know of other sports in which similar things happened). Or be it that random connected people put flashing lights inside their black jeeps and expected you to move aside even on expressways. (long story) Or be it you were a teacher who could be asked to kneel down or a environment officer who could be tied to a tree. Or a journalist who gets killed for refusing to accept a plum position to shut up. (The list of people who were corrupted by plum positions is long) I could go on but I guess you get the drift. Until the day it happens to you many just assume it will never effect them. I do not wish to live in a country where I live in fear of the leaders who we elected. To succeed under the previous govt required that you had connections. There was no way an honest man could succeed. If you were in the army and supported the regime you got a good life even your kids got school admissions, university education (Kotalawella defense academy) when all others had to get grades to get admission. Basically the country was headed to become like Burma. And whether you agreed or not world sanctions were coming. Which would have taken us to being a North korea.

Get real. We need a change of government. If the next government is corrupt we change it again.It is the fear of getting voted out that causes a change in behaviour of politicians. Something like it is the fear of losing your license not the fear of killing somebody that makes people not drink and drive.

santorious sidonious
santorious sidonious
10 years ago

If this is how honourable minister act in 100 days, guess what will happen when he has full 4 years as a minister. This outrageous behaviour should stop, nepotism and cronyism supposed and should have Been ended 100 days ago.

S P JungsaBaya
S P JungsaBaya
10 years ago

Hello Mr.Minister,

In case you do not know or you have been misled by your brother-in-law, you should open your eyes and understand that, the hilarious 35% growth for which you’ll claim credit is not the magical work of your brother-in-law. As accountant if you think one can push a 35% growth over an existing business base of Rs 20 BILLION which actually translates to Rs 7 BILLION in 3 MONTHS you should gracefully donate your finance Ministry portfolio to BANSA and go home. This is the greatest contribution you can offer
to the UNP and to the whole country. He will do a much better job for the country than you. Thanks to the professionals in the company who have put the company on the right track from 4th Quarter 2014 and continued the momentum this year before your Brother-in-law appointed as MD. Anyway you and your Brother-in-law must happy that there are solid people in the company who carry the load and set correct directions and enable the two of you to parade in a glorified perehara.

MR Minister Food for thought

damian
damian
10 years ago

Remind me again what was one of the reasons MR was sccused of. Something to do with family having the cake alone. Guess ravi was tempted to follow suite. De ja vu i guess. Ingrediants of yshapalanaya. Go grtter my foot!

Jaye
Jaye
10 years ago

This kind of appointment goes against the principle of good governance. Not only justice should be done,It should SEEN to be done. Appointing your own kith & kin of politicians to semi state institutions should be banned. When will these people learn?

Lanka Watch
Lanka Watch
10 years ago

More the Govt. delays the election , more the govt. will get exposed and nepotism and corruption in the current govt.will equalize or supersede deeds done by the former regime
in this special field. This proves that tho’ some people talk of good governance, in reality,
this cannot happen in Sri Lanka.

Raja
Raja
10 years ago
Reply to  john smith

Without MR country’s progress will be permanently derailed, and you might even lose the peaceful conditions MR achieved and you are now enjoying. No one wants you to believe that Ranil or Sirisena are honest or competent. Just study the first 100 days of their actions and appointments.