Janashakthi Insurance

Janashakthi Group (JXG) is an emerging purpose-driven financial conglomerate operating in Sri Lanka, with a strong presence in three core verticals — insurance, investment banking, and finance. Each of its 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. Today, the Janashakthi brand is a trusted household name, recognised year after year for brand excellence.

The Group’s journey began in 1994 with the launch of Janashakthi Life, Sri Lanka’s first specialised life insurer, setting new benchmarks for integrity and innovation in financial services. Building on this foundation, JXG expanded into general insurance , investment banking, and non-bank finance through bold, strategic acquisitions that strengthened its market presence. What began as a single step into insurance has evolved into a diversified Group with a legacy rooted in entrepreneurial ambition, values, and sustained impact, empowering individuals, businesses, and communities across the nation.

Guided by the values of integrity, collaboration, respect, performance-driven excellence, and innovation, JXG is known for its disciplined execution and clear vision to deliver exponential growth across Sri Lanka’s financial sector.

ADVISORY COUNCIL NOMINEE

Ramesh Schaffter

Managing Director and Group Chief Executive Officer

Janashakthi Group

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Ramesh Schaffter is an accomplished business leader with over three decades of experience in finance, marketing, and strategic management. As the Managing Director/Group CEO of Janashakthi Group (JXG), he is known for his visionary leadership and dedication to excellence. A Fellow of the Chartered Institute of Management Accountants (CIMA), UK, a former Council Member of the Chartered Institute of Management Accountants (CIMA) Sri Lanka branch, and an Associate of the Chartered Institute of Marketing (CIM), UK, he brings a wealth of expertise in financial strategy, corporate governance, and organizational transformation. His strategic insights have been instrumental in fostering Janashakthi’s growth, enhancing its market presence, and positioning the company for continued success and innovation in the industry.

In addition to his corporate accomplishments, Ramesh is a respected social entrepreneur and life coach, focused on personal development and community engagement. His community work includes serving as former President of Habitat for Humanity Sri Lanka, a Board Member of World Vision Sri Lanka, and cofounder of Swarga TV. He also co-founded the Christian Arts Foundation (Chraft).

A gifted public speaker, he has garnered numerous accolades in Toastmasters contests, showcasing his exceptional communication skills. Driven by a passion for empowering others, he launched the Inspiring Change Foundation (ICF), aiming to share his vast knowledge and experience with the next generation of leaders.