The Board of Directors comprises directors with extensive experience and varied financial, management and entrepreneurial skills as this facilitates understanding of the micro and macro economy in which the Company and the Group operate, and also of the several industries into which the Company and Group are diversifying.
Mr. Kapila Jayawardena was appointed as the Chairman of LOLC Life Assurance Ltd in 2025. He also functions as the Group Managing Director and CEO of the LOLC Group. He holds an MBA in Financial Management and counts over 27 years of experience in all areas of banking, nine years of which in the capacity of CEO/Country Head for Citibank, Sri Lanka and the Maldives.
He serves on the Board of Directors at many of the LOLC Group companies. He was appointed Chairman of the Sri Lanka Banks Association in 2003/04 and President of the American Chamber of Commerce in 2006/07. He has won many personal and professional awards for his exceptional career.
Mrs. Nanayakkara is a Doctor of Medicine, a SLMC registered physician and obtained her qualification from the University of Essen- Germany.
She joined the Company on 30 th June 2019 as a Non-Executive Director and serves on the Boards of Browns Tours (Pvt) Ltd, Taprobane Plantations Ltd and Diriya Investments (Pvt) Ltd.
Mr. A J L Pieris was appointed to the Board in 2019. He retired as Additional Director of the Central Bank of Sri Lanka ("CBSL") .His career at the CBSL spanned 25 years, during which he worked in several departments, including Economic Research, Management Development Centre, Governor's Office (Chief Protocol Officer), Domestic Operations and Payments and Settlements.
Mr Peiris holds a BSc (Physical Science) with a First-Class Honours from the University of Kelaniya, Sri Lanka, a MSc and a Postgraduate Diploma in Agricultural Economics from the University of Reading, UK and a MSc and a Postgraduate Diploma in Quantitative Development Economics from the University of Warwick, UK.
He served as the Vice President of the Clearing Association of Bankers (CAB). He was also the Coordinator - CBSL SEACEN Financial Statistics. He is a member of the Sri Lanka Economic Association. He served in the Sri Lanka Army Volunteer Force attached to the 2nd Sri Lanka Army Service Corps as a Commissioned Officer too. He was adjudged as the Best Officer Cadet in the Intake one in the Sri Lanka Army Volunteer Force in 1981. Presently he is an Exco member of the Sri Lanka Army Service Corp ExServicemen's Association.