Union Assurance Recognises Nations Trust Bank’s Top Bancassurance Performers  

Left to right (speakers only) – Wathsala Aluthgedara – Chief Partnership Distribution Officer, Wishanth Wijesinha – Head of Bancassurance; Damitha Wickramathunga – Assistant Vice President NTB Bancassurance Channel of Union Assurance; Sheahan Daniel – Executive Vice President, Consumer Banking; Menaka Wavita – Senior Vice President, Branches; Pubudu Wijeratne – Assistant Vice President – Bancassurance at Nations Trust Bank.

Union Assurance, Sri Lanka’s leading Life Insurer, and the exclusive bancassurance partner of Nations Trust Bank PLC, organised special development programmes in recognition of the exceptional performance of the staff members of the bank’s bancassurance team and the branch network. The events, attended by the senior management of both Union Assurance and Nations Trust Bank, are a testament to Union Assurance’s commitment to strengthening its relationship with key business stakeholders.

Over 200 top-performing bank staff members participated in these development and team-building programmes. Held at the Weligama Bay Marriott Resort & Spa and Hikka Tranz by Cinnamon, the programmes provided opportunities to participate in interactive educational sessions. In addition, networking programmes to foster camaraderie were held, including an insightful discussion led by accredited trainer Bhathiya Arthanayake.

Wathsala Aluthgedara, Chief Partnership Distribution Officer at Union Assurance, commented on the programmes, saying, “Our long-standing partnership with Nations Trust Bank has been instrumental in Union Assurance’s focus on delivering comprehensive financial protection to customers island-wide, solidifying our position as the premier bancassurance service provider in the nation. We extend congratulations to all branch staff and express our gratitude for the continued partnership with Nations Trust Bank. Together, we look forward to reaching new heights of success and delivering unparalleled excellence to bank customers.”

Menaka Wavita, Senior Vice President – Branches of Nations Trust Bank, stated, “As a bank trusted for delivering top-notch solutions to its customers, we are proud of our longstanding partnership with Union Assurance and our strength in delivering one-stop financial protection solutions to our customers. Our partnership highlights our shared commitment in offering comprehensive and convenient bancassurance services that cater to diverse needs. We remain committed to upholding the highest standards of quality and reliability through our partnership.”

Union Assurance is a subsidiary of John Keells Holdings PLC, the largest conglomerate listed on the Colombo Stock Exchange, operating with over 70 companies in 7 diverse industry sectors. The Company has completed over three decades of success with a Market Capitalisation of Rs. 28.6 Bn, and a Life Fund of Rs. 71.6 Bn as of end June 2024. Set to protect lives and enrich the well-being of all Sri Lankans, Union Assurance offers Life Insurance solutions that cover the health, investment, protection, retirement, and education needs of Sri Lankans. With an island-wide branch network and a workforce that is over 3000-strong, Union Assurance continues to invest in people, products, and processes with a customer-centric focus to be responsive to emerging changes in the Life Insurance industry.

Nations Trust Bank PLC serves a diverse range of customers across Consumer, Commercial and Corporate segments through multi-channel customer touchpoints spanning both physical and digital. The Bank is focused on digital empowerment through cutting-edge digital banking technologies and pioneered FriMi, Sri Lanka’s leading digital banking experience. Nations Trust Bank PLC is an issuer and sole acquirer of American Express Cards in Sri Lanka with market leadership in the premium segments.