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AIA Insurance Lanka Appoints Indrajit Wickramasinghe as Director

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AIA Insurance Lanka Limited has announced the appointment of Indrajit Asela Wickramasinghe as an Independent Non-Executive Director on its Board, effective from January 7, 2025, pending approval by the Insurance Regulatory Commission of Sri Lanka.

Wickramasinghe previously served as the Director/CEO of Union Bank for over nine years, retiring on 15th August 2024. With more than 35 years of senior leadership and management experience, he has worked across both the financial services and FMCG sectors in local and multinational companies. He holds an MBA from the Post Graduate Institute of Management, University of Sri Jayewardenepura, and is a Fellow of the Chartered Institute of Marketing UK. Wickramasinghe has also completed Executive Education Programs at the National University of Singapore, the Said Business School at the University of Oxford UK, and INSEAD (France). He is a member of the Oxford Business Alumni, University of Oxford UK.

Before his appointment as Director/CEO of Union Bank he served as the Chief Operating Officer of NDB Bank where he was responsible for all business areas including Retail Banking, Corporate Banking, SME Banking, and Project Finance. He has also held numerous senior management positions, before joining the financial services sector with a leading Multinational Company Reckitt and Colman. He was the Chairman of the Financial Ombudsman Sri Lanka (Guarantee) and a Director of the Credit Information Bureau of Sri Lanka.

Biswa Misra, Chairman of AIA Insurance Lanka, and AIA’s Director/CEO Chathuri Munaweera welcomed Wickramasinghe to the Board, emphasizing his reputation as a distinguished corporate leader with broad experience across various industries. They expressed confidence in Wickramasinghe’s ability to use his expertise and insights as a non-executive director to further drive the company’s success.

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