Kudabalage appointed Sri Lanka Insurance MD
Piyadasa Kudabalage, who was the Executive Director of Sri Lanka Insurance, assumes duties as the Managing Director Sri Lanka Insurance Corporation with effect from 1st January 2014.
Kudabalage was appointed to the Sri Lanka Insurance Board as the Executive Director in 2010, and is actively involved in the business operations of Sri Lanka Insurance Corporation Ltd. Under his stewardship the Company achieved many milestones as the declaration of heist profits in the history in 2011 , and achieving AAA Ram Ratings and AA Fitch Ratings. He is also instrumental and is involved in streamlining many inter nal processors.
Kudabala g e holds a Bachelor of Commerce (Hons) Degree from the University of Kelaniya and is a Fellow Member of the Institute of Chartered Accountants of Sri Lanka, the Institute of Certified Management Accountants of Sri Lanka and the Institute of Certified Professional Managers
Kudabalage is also the Managing Director / Chief Executive Officer of Litro Gas Lanka Ltd, Litro Gas Terminal Lanka (Pvt) Ltd, Canwill Holdings(Pvt) Ltd, Taprobane Hotels & Spa (Pvt) Ltd, Helanco Hotels & Spa (Pvt) Ltd, Sinolanka Hotels & Spa (Pvt) Ltd, Canowin Hotels and Spas (Pvt) Limited and Canwill Holdings (Pvt) Ltd. He is the Executive Director of Management Services Rakshana (Pvt) Ltd, and is the Chairman, Peoples Merchant Finance Ltd.
He also serves the Boards of Peoples’ Bank, Colombo Dockyard PLC, Sri Lanka Insurance Corporation (Pvt) Ltd – Maldives, People’s Leasing & Finance PLC, People’s Leasing & Finance PLC, People’s Leasing Property Development Ltd, People’s Leasing Havelock Properties Ltd, People’s Leasing Fleet Management Ltd, People’s Microfinance Ltd as a director and a Senior Partner of M/s P Kudabalage & Company, Chartered Accountants.