HNB Assurance PLC

COSE:HASU.N0000 Stock Report

Market Cap: LK₨11.0b

HNB Assurance Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Lasitha Wimalaratne

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure3.3yrs
CEO ownershipn/a
Management average tenure4.3yrs
Board average tenure2.3yrs

Recent management updates

Recent updates

CEO

Lasitha Wimalaratne

3.3yrs

Tenure

Mr. Lasitha Wimalaratne, B.A (Hons), MBA, FCII, ANZIIF (Fellow), ACIM, serves as Chief Executive Officer of HNB Assurance PLC since January 1, 2022 and served as its Chief Operating Officer since 2020. He...

Leadership Team

NamePositionTenureCompensationOwnership
Lasitha Wimalaratne
Chief Executive Officer3.3yrsno datano data
Punsirini Perera
CFO & GMno datano datano data
Mahendra Wilegoda
Head of Operations & Deputy GMno datano datano data
Nilesh Amarasinghe
Chief Investment & Strategy Officer and GMno datano datano data
Dinesh Udawatta
CTO & GMno datano datano data
Suneth Jayamanne
Chief Information Officer & GM5.3yrsno datano data
Abhayalankara Herath Nirosha Madhubhashini Bakmedeniya
Head of Legal & Compliance Officerless than a yearno datano data
Dinesh Yogaratnam
Chief Marketing & Customer Experience Officer and GMno datano datano data
Navin Rupasinghe
Head of Human Resources & Assistant GMno datano datano data
Geethani Saram
Head of Business Process Excellence & Strategy and Assistant GMno datano datano data
Hiran Fernandopulle
Head of Life Distribution & Deputy GMno datano datano data
Jude Benjamin
Chief Business Officer of Personal Lines & Branch Network - HNB General Insurance Limited8.3yrsno datano data

4.3yrs

Average Tenure

Experienced Management: HASU.N0000's management team is considered experienced (4.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Lintotage Udaya Fernando
Non-Independent Non-Executive Director6.1yrsno datano data
Stuart Chapman
Non Independent & Non Executive Chairman6.1yrsno data0.00033%
LKR 36.2k
Ashoka Goonesekere
Senior Independent Director3.3yrsno datano data
Prawira Saldin
Non-Independent Non-Executive Director1.2yrsno datano data
Ananda Kithsiri Jayawardane
Non-Executive & Non-Independent Directorless than a yearno datano data
Lokugan Hewage Ananda Silva
Independent Non-Executive Director1.3yrsno datano data
Thalpawila Kankanamage Don Aruna Samarasinghe
Alternate Director5.3yrsno datano data
Prasanna Gamwarige
Independent Non-Executive Director1.3yrsno datano data

2.3yrs

Average Tenure

63yo

Average Age

Experienced Board: HASU.N0000's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 14:45
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

HNB Assurance PLC is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nipuni FernandoCapital Alliance Securities (Private) Ltd.
null nullCGS International