Chathuri Munaweera appointed as new CEO of AIA Insurance, making her the company’s first female CEO
AIA Insurance Lanka announced the appointment of Chathuri Munaweera as its new Chief Executive Officer (CEO). The appointment will be effective 01 May 2022 subject to approval of the Insurance Regulatory Commission of Sri Lanka. Notably, she will be the company ’ s first female CEO. The outgoing CEO, Nikhil Advani is relocating within the AIA Group as CEO of
AIA Thailand.
Chathuri is a highly experienced executive with over 25 years of experience in the insurance industry in Sri Lanka. She is the Director Legal & Operations of AIA Insurance Lanka (AIA Sri Lanka) responsible for Life Operations, Corporate Law, Company Secretarial and External Relations and has previously been the Company’s Chief HR Officer and Chief Compliance Officer. Chathuri has been a member of the Executive Committee of the Company since 2006, playing a lead role in strategic planning and business achievements.
Chathuri led the complex corporate restructuring of AIA Sri Lanka to ultimately become a wholly owned subsidiary of AIA Group. She has been responsible for the digital and process transformation of AIA
Sri Lanka’s end- to -end customer journey, aligning to customer and advisor support which was recognised with a number of ‘ Most Improved’ Country Awards within AIA Group (2021). She led the operational changes which saw premium collections grow via digital and bank- led non- cash collection methods and customer conservations, thus improving both new business sales efficiency and the quality of the in- force business.
Chathuri concluded her studies at Visakha Vidyalaya and is a lawyer by training (Sri Lanka Law College) with a Bachelor and Master’s degrees in law from the University of Colombo. She is a Chartered Member, Chartered Institute of Personnel and Development, UK and holds an International Diploma in Compliance ( Graduate), ICA, ( Manchester Business School, University of Manchester) UK.
She was recognised as one of the 16 trailblazers who are driving gender equality across Sri Lanka, at the launch of the #TogetherWeCan campaign by the IFC- DFAT SheWorks Sri Lanka Partnership, a campaign intended to pave the way for the private sector to enhance employment opportunities for women.