Manjula de Silva steps down from NITF

Tuesday, 26 November 2019 00:00 - - {{hitsCtrl.values.hits}}

Top industry professional Manjula de Silva has stepped down as the Chairman of the National Insurance Trust Fund.

De Silva was appointed as the Chairman in April 2015.

Prior to that he was the Managing Director of HNB Assurance PLC for nine years and as its CEO for two more years.

He has also served as General Manager, Eagle NDB Fund Management Company Ltd. (currently NDB Wealth Management) General Manager – Corporate Lines and Human Resources, Eagle Insurance Co. Ltd. (currently AIA Insurance) and Director General, Public Enterprises Reform Commission (PERC).

The National Insurance Trust Fund Board was established by the National Insurance Trust Fund Act, No. 28 of 2006 (NITF Act). Its contribution towards the economy encompasses the provision of reinsurance, strike, riot, civil commotion and terrorism insurance, Agrahara medical insurance, health insurance, other forms of general insurance including natural disaster insurance and crop insurance covers.