Arpico Insurance PLC has strengthened its corporate governance framework with the appointment of seasoned finance professional Naresh A. Tillekeratne as an Independent Non Executive Director, reinforcing the company’s commitment to strategic leadership and sound governance. The appointment reflects Arpico Insurance’s continued focus on enhancing board expertise as it pursues sustainable growth within Sri Lanka’s life insurance sector.

Tillekeratne brings extensive experience in finance, banking, corporate governance, and strategic management, making him a valuable addition to the board at a time when the insurance industry is navigating rapid regulatory, technological, and customer driven transformation. His appointment further strengthens the company’s leadership structure and supports its long term strategic objectives.

Arpico Insurance said Tillekeratne’s appointment underscores its commitment to maintaining the highest standards of governance, transparency, and accountability while driving innovation and sustainable value creation for policyholders and stakeholders.

As a subsidiary of Richard Pieris & Company PLC, Arpico Insurance continues to expand its presence in Sri Lanka’s life insurance market through customer centric solutions and prudent management. The appointment of Naresh Tillekeratne is expected to enhance the board’s financial oversight and strategic decision making while supporting the company’s ambition to deliver long term growth and operational excellence in an increasingly competitive insurance landscape.