Continental Insurance Lanka Limited (CILL) officially announced the latest addition to their Board of Directors – Mr. Ajit Jayaratne, as an Independent Director.
As a well reputed figure in the capital market industry of Sri Lanka, Mr. Jayaratne on his return from the UK started his career in the year 1967 at KPMG Ford, Rhodes, Thornton & Co. Thereafter he joined Forbes & Walker ltd. of which company he was the Chairman at the time of his retirement. He is also a former Chairman of the Colombo Stock Exchange and the Ceylon Chamber of Commerce. Mr. Jayaratne was appointed by former Late President His Excellency J.R. Jayawardane as the first Chairman of the Finance Commission under the 13th Amendment to the Constitution. The title of Deshabandu was conferred on him by His Excellency Late President R. Premadasa. More recently Mr. Jayaratne was Sri Lanka’s High Commissioner to Singapore and currently serves as a non executive director of several public companies such as Singer (Sri Lanka) PLC, Overseas Reality (Ceylon) PLC, ACL Cables PLC, Kotagala Platantions PLC etc…
Mr. Jayaratne is a graduate in Economics from the University of Southampton and given his Fellowship at the Institute of Chartered Accountants, UK and Sri Lanka – he is a Chartered Accountant by profession.
Continental Insurance Lanka Limited, certified with an A- (lka) Fitch Rating and also accredited with the ISO 9001:2008 for Quality Management Systems, is engaged in General Insurance business in Sri Lanka. CILL is a member of the Distilleries Group of Sri Lanka (DCSL Group). DCSL PLC is one of the few companies in Sri Lanka certified with a Fitch Rating of AAA (lka) which gives Continental Insurance added strength and security. CILL has become one of the fastest growing insurance companies in Sri Lanka and has been instrumental in providing innovative insurance products to the market, offering tailor made solutions for both personal and business requirements.