Deepthi Lokuarachchi Appointed as President of the Insurance Association of Sri Lanka

The Insurance Association of Sri Lanka (IASL) announced the appointment of Mr. Deepthi Lokuarachchi as its President. He assumed office taking over from his predecessor President Mr. Dirk Pereira, Chief Executive Officer of Union Assurance PLC.

Mr. Lokuarachchi holds a Law Degree (LL.B) from the University of Colombo and was enrolled and admitted as an Attorney at Law in 1996. He obtained his Associate Membership of the Chartered Insurance Institute, UK and a professional Chartered Insurer status in 2004 and the status 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. He currently heads HNB Assurance PLC and its fully owned subsidiary HNB General Insurance Limited as the Chief Executive Officer. He has served many leading Insurance companies in Sri Lanka, including Eagle Insurance as the General Manager of Distribution and Risk Management, AIG Insurance Limited Sri Lanka as the Deputy Chief Executive and the Chief Operating Officer in charge of the Sri Lankan and Maldivian Operations, Orient Insurance Limited Sri Lanka, a subsidiary of Arab Orient
Insurance UAE as the Chief Executive Officer and Sri Lanka Insurance Corporation Limited as the Chief Executive Officer. Mr. Lokuarachchi was the President of the Sri Lanka Insurance Institute, the professional body of the Insurance industry in Sri Lanka.

The Insurance Association of Sri Lanka was formed in 1989 as a collective of all Insurance service providers and it remains the premier Body of the Insurance Industry that handle matters of common interest to insurers and also liaises very closely with the Regulator in respect of matters concerning Life and General Insurance industries and work towards enhancing awareness regarding Insurance and promotes uniform and sound practices and high ethical standards within the industry.


Tips for a Successful Career

Here are 07 important tips to boost-up your career!

  • Prioritize Your Goals

Have a list prepared on your daily tasks and ensure to prioritize your goals for the day. The tasks of the day must be outlined with the most important and urgent ones on top. In a similar manner, plan out your short-term and long-term goals and evaluate your progress frequently.

  • Stay Focused

Avoid distractions and stay focused on your daily tasks. Keep track of time in completing each task. Prepare a to-do list each day and compare your completed tasks against the prepared list. This will help you to stay focused on your daily tasks.

  • Broaden Your Skills

Nothing remains the same and so do job requirements. Update your knowledge and skills. Seek improvement of your know-hows. Attend seminars, conferences, read books, be an eternal learner.

  •  Socialize

Be ready to participate in social functions. Be open to new acquaintances. Meet new people and deal with them respectfully and enthusiastically. Be an active listener; you will surely learn something new.

  • Know Your Skills and Competencies

Know your strengths and weaknesses. Capitalize on your strengths and work on your weaknesses. Look out for opportunities and threats within the industry.

  • Communication Skills

Learn to communicate effectively. Listen to what others are saying and focus on how to give and receive constructive feedback, to persuade effectively and to ask for help and collect information.

  • Seek satisfaction

If you are disappointed with what you are doing, try to transform it into something you love. Job satisfaction is important in climbing the corporate ladder. Participate in Continuous Professional Development programs related to your career.