LOLC General Insurance | Board of directors

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The Board of Directors comprises directors with extensive experience and varied financial, management and entrepreneurial skills as this facilitates understanding of the micro and macro economy in which the Company and the Group operate, and also of the several industries into which the Company and Group are diversifying.

Mr. Kapila Jayawardena counts over 33 years' experience in Banking, Financial Management and Corporate Management. He was appointed as the Group Managing Director/CEO of Lanka LOLC Holdings PLC in 2007. He was the former CEO/Country Head of Citibank Sri Lanka & Maldives.

He has played a pivotal role in the Banking sector contributing to the financial market reforms, development and regularly advising regulators on prudential requirements and has widespread experience in introducing innovative financial service products to the market.

LOLC Group is one of the largest conglomerates in Sri Lanka with presence in diversified industries such as Financial Services, Trading, Manufacturing, Construction, Leisure and Renewable Energy.

As an individual with extensive international and domestic financial experience, he was a key member of the following committees:

  • Chairman Sri Lanka Bank's Association (SLBA) 2003/2004
  • Member of the Financial Services Reforms Committee (FSRC) 2003/ 2004
  • Director of Lanka Clear and was instrumental in completing the automated clearing project for the Sri Lankan banking industry 2004
  • President of the American Chamber of Commerce Sri Lanka 2006/2007
  • Member of the inaugural Sovereign Ratings Team for Sri Lanka
  • Member of the National Council of Economic Development (NCED)
  • Board Member of the United States-Sri Lanka Fulbright Commission
  • Presently, Mr. Jayawardena holds Chairmanship/directorship in the following companies:
    • LOLC Holdings PLC - Managing Director/Group CEO
    • LOLC Securities Limited - Chairman
    • Eden Hotels Lanka PLC - Chairman
    • Palm Garden Hotels PLC - Chairman
    • LOLC General Insurance Ltd - Chairman
    • Commercial Leasing & Finance PLC - Director
    • Brown & Company PLC - Director
    • Browns Investments PLC - Director
    • Seylan Bank PLC - Director
    • LOLC Holdings PLC - Director
    • Riverina Resorts (Pvt) Ltd - Director
    • Browns Capital PLC - Director
    • Browns Hydro Power PLC - Director
    • LOLC International (Pvt) Ltd - Director