Janashakthi Insurance PLC’s incumbent Non-Executive Chairman and Director, W. T. Ellawala is to announce his retirement at the forthcoming Annual General Meeting of the Company to be held on the 31st of March 2016, the firm announced last week.
Ellawala joined Janashakthi as a Director at the time of its inception in 1994, playing a vital role as it advanced from its humble beginnings as a small Life Insurance company into becoming the household name it is today. He subsequently took on the role of Non-Executive Chairman in 2005. A widely respected individual in the business community, Ellawala holds several positions of significance across diverse industries.
Appreciating Ellawala for the invaluable service and contribution rendered to the Company, C. T. A. Schaffter, founder of Janashakthi Insurance PLC said, “I am deeply grateful to Mr. Ellawala for accepting my invitation to join the Board of Directors of Janashakthi at the point of its inception, and even more for remaining with us for over two decades. Mr. Ellawala has undoubtedly played an integral role in shaping our Company’s successand his extraordinary vision and leadership have proved to be instrumental in helping the company persevere and progress over the years. His high ideals and code of ethics will always remain with us and continue to inspire us in the years ahead. While extending our heartfelt appreciation to Mr. Ellawala, we wish him all the very best.”