Dr. Nalaka Godahewa heads SLIC
Dr. Nalaka Godahewa has been appointed Competent Authority of the Sri
Lanka Insurance Corporation (SLIC) upon the reversal of its
privatisation last week. He is largely credited with turning around the
moribund state entity into a dominant and competitive corporate body in
2006-07.
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Dr. Nalaka Godahewa |
Dr. Godahewa is a product of Ananda College, Colombo and is
academically and professionally qualified in the multiple fields of
engineering, marketing and Finance. He holds a PhD from the University
of South Australia as well as a Bachelor’s Degree in Electronics and
Telecommunication Engineering from the Moratuwa University and an MBA
from the University of Sri Jayewardenepura. He is also a Chartered
Management Accountant and a Chartered Marketer.
Dr. Godahewa honed his managerial and leadership skills at some of
Sri Lanka’s leading corporate institutions including Unilever where he
was Head of Business Development, Suntel where he served as Marketing
Director and apparel giant MAS where he overlooked overseas operations
in the Far East and Sub Saharan Africa.
He was appointed CEO of Sri Lanka Insurance Corporation in September
2006 with a mandate to propel SLIC to the status of a world class
financial service powerhouse. Delivering on that promise, Godahewa,
during his tenure, instituted benchmark systems and processes,
instilling a customer-centric culture across the company.
The many innovative and effective strategies of the Godahewa era
enabled Sri Lanka Insurance to achieve 31 percent business growth in
2007 -the highest in the industry while gaining 3.3 percent market share
within two years. Under his watch, SLIC also won the National Business
Excellence Award 2007 for the Insurance Category and was rated by LMD
amongst 30 most admired companies in 2007.
Following his resignation from SLIC in May 2008, Dr. Godahewa has
been functioning as a Consultant to the Board of Investment with special
focus on assisting strategy formulation and implementation related to
the development of the Northern and Eastern provinces. |
