LIC LANKA expands footprint, inaugurates Towers in Jaffna | Daily News

LIC LANKA expands footprint, inaugurates Towers in Jaffna

Rameshwar Bhakta (IHC – Jaffna), Eraj Wijesinghe (Director, LIC Lanka), Umesh Gautam,  Director, LIC Lanka), Suseel Kumar (Managing Director, LIC India and Director, LIC Lanka), S C Pattanayak ( CEO and MD, LIC Lanka) in Jaffna.
Rameshwar Bhakta (IHC – Jaffna), Eraj Wijesinghe (Director, LIC Lanka), Umesh Gautam, Director, LIC Lanka), Suseel Kumar (Managing Director, LIC India and Director, LIC Lanka), S C Pattanayak ( CEO and MD, LIC Lanka) in Jaffna.

LIC Lanka Ltd., unveiled its newly constructed LIC Lanka Tower in Jaffna recently.

“This is a milestone achievement for the fast growing life insurance company as it expands its footprint in Sri Lanka to the North,” said Director LIC Lanka Umesh Gautam.

With an asset base of Rs. 2.8 bn and 30 branches in Sri Lanka, the newly constructed LIC Lanka Tower in Jaffna, would reinforce its commitment to serve its policy holders in the North and affirms its positive outlook on the economic potential in the region.

The LIC Lanka Tower was inaugurated by the Managing Director of LIC India, T C Suseel Kumar in the presence of Eraj Wijesinghe, Chairman, Bartleet Group of Companies and Director LIC Lanka, Umesh Gautam, C.E.O Lanka Ashok Leyland and Director LIC Lanka, S C Pattanayak, Chief Executive Officer and Managing Director of LIC Lanka Ltd., and Shri Rameshwar Bhakta, Acting Consul General of the Indian High Commission in Jaffna.

T C Suseel Kumar in his address, emphasized the significance of expanding to the North for the company, highlighting the investment as a symbol “of trust, safety, and stability for the customers.”

LIC Lanka Ltd., is a joint venture between the Life Insurance Corporation of India, India’s largest insurer with an asset base of over USD 440 bn and the Bartleet Group, a Sri Lankan conglomerate that operates across IT, agriculture, trading and finance sectors since 1904.


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