New deputy head of CIMA’s Insurance Supervision

(CNS Business): Ruwan Jayasekera was promoted to the Cayman Islands Monetary Authority’s deputy head of insurance on 1 September, having rejoined CIMA in January 2013 as a chief analyst. Reporting to the head of the insurance division, he now manages the day-to-day operations of the division, both on an on-site and off-site basis by providing guidance, assistance to and supervision of the chief analysts and senior analysts, and through these posts, the analysts and junior analyst to achieve the legislative requirements and the goals and objectives of the division and CIMA.

He first joined the Insurance Division at CIMA in April 2007 as a senior analyst and was later appointed as a chief analyst. After working in this capacity for a few years he returned to Sri Lanka in 2011, taking up the position of assistant general manager of business operations at Allianz Insurance Lanka Ltd. He then returned to CIMA as a chief analyst in the Insurance Supervision Division in January 2013.

Jayasekera started his career in the insurance industry soon after graduating from the University of Colombo, Sri Lanka, in 1998. He has over fifteen years of experience in insurance, in both regulatory and industry roles. He has experience working for life and property and casualty insurers. He holds a Master’s degree in Business Administration and a Bachelor’s degree in Statistics, both from the University of Colombo, Sri Lanka. He is also a chartered insurer and holds associate designation from the Chartered Insurance Institute, United Kingdom.

“CIMA is pleased to make this appointment,” said CIMA Managing Director Cindy Scotland. “Ruwan has steadily progressed in his knowledge and experience in the field of insurance supervision, and has earned the respect of his colleagues and industry. We are confident that he will do well in his new role.”

Tags: CIMA

Category: Finance, Financial Services