Ceylinco Life launches milestone 20th ‘Pranama’ Scholarships Programme
Ceylinco Life has announced it will award more than Rs 11 million to another 160 brilliant young minds with the launch of the 20th edition of the Company’s ‘Pranama’ Scholarships programme which will culminate in May 2021.
The collection of applicationsfrom students eligible under four categories is now open and will continue until the 15th of January 2021, considering the delays in examinations due to the COVID-19 pandemic, the Company said. All Ceylinco Life branches island-wideare now accepting applications.
Launched as a rewards scheme to benefit Ceylinco Life policyholder’s children, the Pranama scheme has to date disbursed a total of Rs 155 million and benefitted 2,725 students. Completing the second decade of recognising and encouraging young talent, the life insurance leader will take this total to Rs 166 millionand the beneficiary numbers to 2,885 with this round of scholarships.
Commenting on the programme, Ceylinco Life Managing Director and CEO Mr Thushara Ranasinghe said:
“These are challenging times for businesses, but we are determined to continue investing in the future generations of our country through the Pranama scholarships.
Keeping the programme going for 20 years is a measure of our commitment and we are deeply heartened to be able to play a role in encouraging the pursuit of excellence among children who will grow up to be leaders in their chosen fields and become assets to our country.”