MBSL Insurance Company


The Executive Commitee

Lalith Fernando

Managing Director / Chief Executive Officer

MSLIM, EDBA (Colombo), CII Award (UK), MCPM, Certified Professional Marketer – CPM (Asia), Practicing Marketer (SL)

Lalith brings excellence in Overall Operations to the Company with over 30 years’ expertise in the Insurance Industry. He is considered an expert in Marketing, Distribution and Operations specialized in both Life and General Insurance.

His wide spectrum of experience in Capitalife Assurance Limited as the Chief Operating Officer, Asian Alliance Insurance PLC, HNB Assurance PLC, Eagle Insurance PLC and Ceylinco Insurance PLC, along with his qualifications and excessive trainings he has received locally and internationally in UK, Japan, Dubai, Sweden and Malaysia will lay out a strong foundation to the Company.

Conferred as a Certified Professional Marketer by Asia Marketing Federation (AMF) and as a Practicing Marketer (SL) by SLIM. Lalith holds an Executive Diploma in Business Administration from the Faculty of Management & Finance, University of Colombo, Certified CSR Practitioner by the Faculty of Arts, University of Colombo. Further he is a Member of the Institute of Chartered Professional Managers and Member of the Sri Lanka Institute of Marketing. Lalith joined the Company in April 2019 as the Managing Director/Chief Executive Officer.

Indika Perera

Chief Financial Officer

BBMgt – Hons (SP in Acc.), ACA, ACMA

Indika is a charted accountant by profession, a member of the Institute of Certified Management Accountant of Sri Lanka and has Graduated from University of Kelaniya reaching 1st class honors’ division pass in Accountancy Stream.

He counts over 19 years of experience in financial sector of which more than 12 years has been in the Insurance Industry both locally and internationally. He started his career with KPMG Sri Lanka and has served in HNB Assurance PLC a subsidiary of Hatton National Bank, Orient Insurance Limited a subsidiary of Al-Futtaim Group in Dubai, Acuity Securities Limited a Central Bank registered primary dealer of Government Securities and in Gulf Union Insurance Group in Kingdom of Bahrain. He has experience in handling, Finance , Investment , Internal Audit , Operations Control , Risk Management , Taxation, Actuarial, Procurement and Facility Management Functions in different capacities.

Indika was the former Chief Financial Officer of HNB Assurance PLC & HNB General Insurance Limited. He Joined MBSL Insurance Limited in June 2019.

Induka Senanayake

Head - Group Corporate Business Development

MBA (Col.), BA (Hons.), Dip M, LMSLIM

Induka Counts over 25 years of experience in the Insurance Industry particularly in the areas of Sales, Marketing, Sales staff training and Branch & Regional Operations. Induka holds a BA Degree in Sociology with Second Class Honors’ upper division and MBA in Marketing from the University of Colombo. He holds Diploma in Marketing from the Sri Lanka Institute of Marketing (SLIM). Further, he was awarded N.D.S. Silva memorial price for the best student in Sociology in 1996 and also Awarded Best Student’s Subject price for Behavioral Aspects of Marketing and Principles of Organization and Management, respectively in the examination held in November 2003 and November 2004 by the SLIM.

He is also a Life Ordinary Member of the Sri Lanka Institute of Marketing and a member of the Association of Sri Lankan Sociologists.

Q. Pathiranage

Business Consultant

AIB – (Sri Lanka)

A veteran and a versatile banker, Pathiranage is an Associate of the Institute of Bankers of Sri Lanka (AIB-Sri Lanka). He is the elected Vice President of the AIB-Sri Lanka Association at present.

Pathiranage, joined the Bank of Ceylon, the biggest bank in Sri Lanka, in 1978 and had an illustrious career in BOC, ending up as its Assistant General Manager. He Counts 39 years of experience in the Banking Industry particularly in the areas of Trade Finance, Treasury operations, Mobilization of Foreign remittances, Loan Recovery, Real Estate, HR operations and Superannuation Fund Management.

Immediately after his retirement from BOC in 2016, Pathiranage started his carrier in MBSL Group, as the Co-ordination officer to the CEO of the Merchant Bank of Sri Lanka & Finance Plc and subsequently he joined MBSL Insurance Company Limited as Business Consultant of Bancassurance Division.

Dinuka Herath

Head of Marketing

Pg.Dip M, ACIM (UK)

Dinuka joined MBSL Insurance in February 2020 as Head of Marketing. He counts over 18 years of experience in banking and insurance industries. He started his career with HNB Assurance PLC and then served at Allianz Insurance, DFCC Bank and Seylan Bank. He has hands on experience in the areas of Brand Management, Product Development, Media Planning, Research and Development and Event Management.

Dinuka has been the brand custodian of award winning brands in previous organizations and also he has immensely contributed towards building of new brands. He was a member of many award winning teams before joining MBSL Insurance.

Dinuka is an Associate member of Charted Institute of Marketing UK and holds an Executive MSc in Strategic Marketing from the AeU (Malaysia). He also has a Post Graduate Diploma in Marketing from CIM (UK).

Date of incorporation

MBSL Insurance Company Limited is a Public Limited Liability Company incorporated on 24th September 2004 under the Companies Act No. 17 of 1982 in Sri Lanka. The Company was re-registered under the Companies Act No. 7 of 2007.

MBSL Insurance Company Limited

519, T.B. Jayah Mawatha,
Colombo 10.

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