Union Assurance Executive and Leadership Team

September, 2026

Leadership Overview

Union Assurance has 5 executives leading key functions including strategy, financial oversight, marketing, digital infrastructure, and operational excellence.

Driven by a commitment to financial security, Union Assurance empowers the progress of every Sri Lankan through tailored life insurance solutions and a comprehensive digital ecosystem designed for long-term well-being.

Leadership Roles at Union Assurance

  • Chief Executive Officer - Senath Jayatilake
  • Chief Financial Officer - Himani Weerasekera
  • Chief Operating Officer & Senior VP - Rumesh Modarage
  • Chief Marketing Officer - Mahen Gunarathna
  • Chief Information Officer & Senior VP - Harsha Senanayake
  • Senath Jayatilake - Chief Executive Officer

    Senath Jayatilake, the Chief Executive Officer at Union Assurance, directs the overarching corporate strategy to ensure the company maintains market leadership in the life insurance sector. Jayatilake oversees the expansion of investment, protection, and health insurance portfolios across the national market. By aligning organizational goals with the evolving needs of Sri Lankan policyholders, the Chief Executive Officer drives sustainable growth and operational efficiency. This leadership role involves constant collaboration with the Board to refine long-term financial objectives and enhance customer satisfaction metrics. Senath Jayatilake monitors competitive trends to adapt service delivery models, ensuring the company remains the premier choice for life insurance. Through rigorous oversight of corporate governance and resource allocation, the Chief Executive Officer secures the financial future of the organization while fostering a culture of innovation and excellence in every department.
    Senath Jayatilake

    Himani Weerasekera - Chief Financial Officer

    Himani Weerasekera, the Chief Financial Officer at Union Assurance, manages the fiscal health and capital allocation strategies required to support long-term insurance obligations. Weerasekera directs financial planning, reporting, and risk management frameworks to ensure stability across all investment and retirement product lines. By analyzing market volatility and economic indicators, the Chief Financial Officer optimizes the balance sheet to maximize returns for policyholders and shareholders alike. This role requires close coordination with executive leadership to maintain regulatory compliance and fiscal transparency. Himani Weerasekera oversees the internal audit processes and capital reserves, ensuring the company possesses the liquidity necessary for seamless claims processing. Through precise financial modeling and strategic budgeting, the Chief Financial Officer strengthens the economic foundation of the organization, enabling the continued delivery of high-value life insurance solutions that protect the financial futures of customers throughout the region.

    Rumesh Modarage - Chief Operating Officer & Senior VP

    Rumesh Modarage, the Chief Operating Officer & Senior VP at Union Assurance, directs the daily business operations and service delivery workflows that sustain the company's high standards of customer satisfaction. Modarage oversees the end-to-end claims management process, policy administration, and regional service centers to ensure operational excellence. By streamlining internal procedures and enhancing cross-departmental collaboration, the Chief Operating Officer & Senior VP improves efficiency and reduces turnaround times for policyholders. This leadership role involves managing the logistics of service distribution and ensuring that all operational activities align with the company's mission of accessibility. Rumesh Modarage monitors performance metrics to identify bottlenecks and implement process improvements that support sustainable growth. Through meticulous oversight of operational resources and staff development, the Chief Operating Officer & Senior VP maintains the high quality of service that defines the company's reputation in the life insurance market.
    Rumesh Modarage

    Mahen Gunarathna - Chief Marketing Officer

    Mahen Gunarathna, the Chief Marketing Officer at Union Assurance, architects the brand positioning and customer acquisition strategies that define the company's market presence. Gunarathna directs all promotional campaigns, product launches, and public relations initiatives to increase awareness of life insurance benefits. By leveraging data-driven insights, the Chief Marketing Officer crafts personalized messaging that resonates with diverse demographics seeking education, health, and investment protection. This leadership role involves managing the digital marketing funnel and enhancing the visibility of the Clicklife App to drive user engagement. Mahen Gunarathna collaborates with product teams to ensure marketing narratives accurately reflect the value proposition of every insurance solution. Through innovative outreach and community-focused initiatives, the Chief Marketing Officer expands the reach of the brand, ensuring that life insurance remains accessible and relevant to the evolving needs of the Sri Lankan population.
    Mahen Gunarathna

    Harsha Senanayake - Chief Information Officer & Senior VP

    Harsha Senanayake, the Chief Information Officer & Senior VP at Union Assurance, directs the digital transformation and technological infrastructure that power the company's insurance services. Senanayake oversees the development and maintenance of the Clicklife App, ensuring a seamless self-service experience for all policyholders. By implementing robust cybersecurity protocols and scalable cloud solutions, the Chief Information Officer & Senior VP protects sensitive customer data while enabling rapid service delivery. This role involves managing complex IT systems that support underwriting, claims processing, and customer relationship management. Harsha Senanayake drives the integration of emerging technologies to improve operational agility and user accessibility. Through the continuous optimization of digital platforms, the Chief Information Officer & Senior VP ensures that the company remains at the forefront of the insurance industry, providing reliable, efficient, and secure digital tools that enhance the overall customer experience.

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    Frequently Asked Questions Regarding Union Assurance Top Executives and Leadership Team

    Who leads Union Assurance?
    Union Assurance is led by Senath Jayatilake (Chief Executive Officer), along with executives such as Himani Weerasekera (Chief Financial Officer) and Rumesh Modarage (Chief Operating Officer & Senior VP).
    Who is part of Union Assurance’s executive team?
    The executive team of Union Assurance includes leaders such as Senath Jayatilake (Chief Executive Officer), Himani Weerasekera (Chief Financial Officer), Rumesh Modarage (Chief Operating Officer & Senior VP) and other senior executives.
    How many executives does Union Assurance have?
    Union Assurance has 5 executives leading key business areas.
    What roles are included in Union Assurance’s leadership team?
    The leadership team of Union Assurance includes roles such as Chief Executive Officer, Chief Financial Officer, Chief Operating Officer & Senior VP, Chief Marketing Officer, Chief Information Officer & Senior VP.