Biswa Prakash Misra Appointed as AIA Sri Lanka's New Chairman
Portfolio - People | Jan 08, 2025 | EIN
AIA Sri Lanka has announced the appointment of Biswa Prakash Misra as the new Chairman of its Board of Directors, with the commencement of his role slated for January 2025, subject to the approval of Sri Lanka’s Insurance Regulatory Commission. Misra brings with him over a decade of experience in leadership roles at AIA Group, currently serving as Group Chief Technology Officer and Life Operations Officer. He is recognized for his adeptness in digital and analytics transformation and operational management in the insurance sector. This transition is part of AIA Sri Lanka’s ongoing strategic drive to enhance its market prominence under expert leadership, as affirmed by Executive Director/CEO Chathuri Munaweera, who praised the outgoing Chairman Tan Hak Leh for his contributions to the company's growth.
Sectors
- Insurance
- Technology
Geography
- Sri Lanka – The primary focus of the article is on AIA Sri Lanka and the appointment of a new Chairman for the region.
- Asia-Pacific – Biswa Prakash Misra’s professional experience spans several markets in Asia-Pacific, indicating his regional influence and expertise.
Industry
- Insurance – The article focuses on AIA Sri Lanka, an insurance company, and discusses the appointment of a new Chairman with significant experience in this sector.
- Technology – Biswa Prakash Misra's background in technology and his role as Group Chief Technology Officer highlight the technological emphasis of AIA Group in transforming its operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AIA Sri Lanka | Target Company | Company | AIA Sri Lanka is a leading insurance provider in Sri Lanka and a subsidiary of the AIA Group. |
| Biswa Prakash Misra | Incoming Chairman | Person | Biswa Prakash Misra is the newly appointed Chairman of AIA Sri Lanka's Board of Directors, effective January 2025, pending regulatory approval. |
| AIA Group | Parent Company | Company | AIA Group is a pan-Asian insurance company headquartered in Hong Kong overseeing AIA Sri Lanka. |
| Insurance Regulatory Commission of Sri Lanka | Regulator | Government | This body must approve the appointment of Biswa Prakash Misra as the new Chairman of AIA Sri Lanka. |
| Chathuri Munaweera | Executive Director/CEO | Person | Chathuri Munaweera is the Executive Director and CEO of AIA Sri Lanka. |
| Tan Hak Leh | Outgoing Chairman | Person | Tan Hak Leh is the outgoing Chairman of AIA Sri Lanka. |