📈 Arpico Insurance Appoints Jayalal Hewawasam as CEO

Arpico Insurance PLC, a subsidiary of the blue-chip conglomerate Richard Pieris & Company PLC, has officially appointed industry veteran Jayalal Hewawasam as its new Chief Executive Officer, effective 1 January 2026. This leadership transition aims to drive a new phase of innovation and sustainable growth for the life insurer. • Strategic Leadership: Hewawasam brings over 25 years of experience in sales, marketing, and general management across the insurance and FMCG sectors in Sri Lanka and the Maldives. • Industry Credentials: He previously served as CEO of Allianz Life Insurance Sri Lanka and held senior roles at Union Assurance, AIG Insurance Sri Lanka, and Sri Lanka Insurance Corporation. • Professional Expertise: A Fellow of the Chartered Insurance Institute (UK) and the Chartered Institute of Marketing (UK), he is currently pursuing a Doctorate in Business Administration (DBA) at the University of Sri Jayewardenepura. • Corporate Context: The appointment leverages the 90-year legacy of the Richard Pieris Group to enhance service excellence and protect policyholders under the "Insurance for the Living" philosophy.