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.
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
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.
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.

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.
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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