News

CWEIC is pleased to welcome Janashakthi Insurance PLC as a new Strategic Partner, and Managing Director and Group Chief Executive Officer Ramesh Schaffter to the Global Advisory Council.

Janashakthi Insurance is part of JXG (Janashakthi Group), an emerging purpose-driven financial conglomerate operating in Sri Lanka with a strong presence across three core verticals – insurance, investment banking, and finance. Its key businesses, including First Capital Holdings PLC, Janashakthi Insurance PLC, and Janashakthi Finance PLC, have attained leadership positions within their respective sectors, reflecting the Group’s focus on excellence, innovation, and long-term value creation.

The Group’s journey began in 1994 with the launch of Janashakthi Life, Sri Lanka’s first specialised life insurer, establishing new benchmarks for integrity and innovation in financial services. Since then, JXG has expanded into general insurance, investment banking, and non-bank finance through strategic acquisitions, evolving into a diversified financial services group and a trusted household brand recognised for excellence.

Guided by values of integrity, collaboration, respect, performance-driven excellence, and innovation, JXG continues to deliver disciplined growth and sustained impact across Sri Lanka’s financial sector.

CWEIC looks forward to working with Janashakthi Insurance to support collaboration, financial sector engagement, and investment dialogue across Commonwealth markets.