Deepthi Lokuarachchi, Chief Executive Officer of HNB Assurance PLC (HNBA) and its fully owned subsidiary HNB General Insurance Limited (HNBGI) was appointed to the Boards of HNBA and HNBGI as Managing Director recently. The appointment is made subject to the approval of the Insurance Board of Sri Lanka. Mr. Lokuarachchi now functions as the Managing Director/Chief Executive Officer of both Companies.
Mr. Lokuarachchi is an old boy of Trinity College, Kandy. Having obtained his Law degree (LL.B) from the University of Colombo, he was enrolled and admitted as an Attorney-at-Law in 1996. He obtained his Associate Membership of the Chartered Insurance Institute, UK and the status of a Professional Chartered Insurer in 2004. As of recent times, his professional status was converted to that of a Chartered Insurance Risk Manager.
Mr. Lokuarachchi counts over two decades of professional experience in the fields of general management, distribution and risk management and overall operations management. His career began at Eagle Insurance in 1993. During his tenure with the company he held various key positions culminating in 2007/2008 as General Manager, Distribution and Risk Management. Climbing up the corporate ladder, he then joined AIG Insurance Limited Sri Lanka in 2008 and served for a period of 3 years and bade farewell in 2011 as the Deputy Chief Executive and the Chief Operating Officer in charge of the Sri Lankan and Maldivian operations. His last two appointments included the appointment as Chief Executive Officer of Orient Insurance Limited Sri Lanka, a subsidiary of Arab Orient Insurance, UAE as the overall in charge of the Sri Lankan operations and the appointment as Chief Executive Officer of Sri Lanka Insurance Corporation Limited for a period of two years.