Allianz Lanka gears up for next phase of growth

Friday, 19 June 2020 00:00 -     - {{hitsCtrl.values.hits}}

From left: Dennis Hewagama, Mangala Bandara, Ranga Dias

 From left: Aruna Perera, Farhaz Farouk and Ishani Senaweera


  • Announces senior management advancements and appointments

Allianz Insurance Lanka Ltd. (Allianz Lanka) yesterday announced a host of advancements and new appointments to its senior management team. 

The appointments are set to further strengthen the company’s leadership team and drive the next phase of its growth journey.

Three stalwarts from the insurer’s management team – Dennis Hewagama, Mangala Bandara and Ranga Dias – who together count over 80 years of experience in the insurance industry, were recognised for their commitment and performance and advanced to new roles within the company.

Dennis has been appointed Chief Sales Officer – National, Mangala, has been assigned the role of Chief Marketing Officer and Ranga, as the Chief Sales Officer – Corporate.

Allianz Lanka also welcomed three new members to its senior management team. Farhaz Farouk, a finance and management professional with over 25 years of experience, has been appointed Chief Finance Officer. 

Ishani Senaweera, a human resource professional with over 23 years’ experience in the financial services sector, has joined the team as the company’s Chief Human Resource Officer. Anura Perera, who counts over 30 years’ experience in the insurance industry, has come onboard as Head of Commercial. 

Commenting on the appointments, Allianz Insurance Lanka Ltd. Chief Executive Officer Gany Subramaniam said: “Despite challenging market conditions, we registered steady growth over the past year.  As we strive to maintain this growth momentum through the global pandemic and beyond, I am delighted to appoint three of our senior leaders to new roles and welcome three more seasoned professionals to our team. Working together, I am confident that we can continue to deliver greater value to our customers and all other stakeholders during these turbulent times.”

Allianz Insurance Lanka and Allianz Life Insurance Lanka, known together as Allianz Lanka, are fully-owned subsidiaries of Allianz SE, Germany, a world leader in integrated financial services. Having started out as a Greenfield operation in 2005, it has emerged as one of the fastest growing insurance service providers in Sri Lanka. 

In a bid to further strengthen its local General Insurance operations, Allianz had acquired a 100% stake in Janashakthi General Insurance Ltd. in 2018. The company prides on supporting its clients’ business strategy by understanding their risk profile and needs and providing individual solutions from its world class portfolio of products and services.

The Allianz Group is one of the world’s leading insurers and asset managers with more than 100 million retail and corporate customers. Allianz customers benefit from a broad range of personal and corporate insurance services, ranging from property, life and health insurance to assistance services to credit insurance and global business insurance. 

Allianz is one of the world’s largest investors, while our asset managers Allianz Global Investors and PIMCO manage 1.6 trillion euros of third-party assets. Thanks to its systematic integration of ecological and social criteria in our business processes and investment decisions, it holds the leading position for insurers in the Dow Jones Sustainability Index. 

In 2019, over 147,000 employees in more than 70 countries achieved total revenue of approximately 142 billion euros and an operating profit of 11.9 billion euros for the group.