29th February 2024, Colombo: Janashakthi Group (JXG), a rapidly emerging conglomerate proudly announces the inauguration of its new corporate office at Mireka Tower, Havelock City. This move marks a significant milestone in the company’s journey, symbolizing a transformative shift in workspace culture and fostering an environment where collaboration and innovation thrive.
Chandana de Silva, Chairman of JXG, emphasized the significance of this transition, stating, “The new workspace for the JXG corporate staff at Mireka Tower has been constructed with meticulous attention to detail and functionality. The open layout and collaborative spaces are designed to facilitate seamless communication and idea-sharing, fostering a culture of creativity, productivity, and, most importantly, the well-being of our valued employees.” He also added, “Janashakthi Group’s roots trace back to the early 1990s, when our Founder & Chairman Emeritus, Mr Chandra Schaffter, inaugurated Sri Lanka’s first specialized life insurance company, and over the years, we have evolved and expanded our reach through strategic mergers and acquisitions. Today, as we celebrate nearly three decades of operation, our new corporate office represents a bold step forward in our journey of exponential growth and transformation.”
In outlining the Group’s vision for the future, Ramesh Schaffter, Managing Director/Group CEO, emphasized, “As a Group, we’ve geared up for an ambitious future, with plans to extend our reach beyond traditional financial services, diversifying our portfolio, and even venturing into international markets. This is a journey that we don’t take lightly. We are a Group that will not stand still. We are prospectors to multiply the potential of all Sri Lankans, that is what is represented by the X in our logo – exciting and exponential opportunities for all. As we embark on this new chapter, we invite individuals who share our vision, values, and aspirations to join us in shaping the future.”
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About Janashakthi Group (JXG)
Janashakthi Group (JXG) is a financial conglomerate with a diversified presence spanning the Insurance, Finance, and Investment sectors. Each of the Group’s core businesses stands as a formidable leader in their respective industries. The Janashakthi Group comprises First Capital, Janashakthi Life, Orient Finance, and Janashakthi Foundation.
First Capital Holdings PLC is a pioneering investment institution in Sri Lanka with a diverse product portfolio that includes Government Securities, Unit Trusts & Asset Management, Corporate Finance & Advisory, Corporate Debt Securities, and Stock Brokering. First Capital embraces a ‘Performance-First’ ethos and envisions improving the lives of all Sri Lankans through financial solutions.
Janashakthi Insurance PLC, also known as Janashakthi Life specializes in innovative life insurance products and services, catering to the diverse needs of its clientele. Staying true to its corporate purpose of ‘uplifting lives and empowering dreams’, Janashakthi Life has always strived to deliver greater value to all its stakeholders ethically and transparently.
Orient Finance PLC offers a wide range of financial services in the NBFI sector, including the mobilization of deposits, savings accounts, leasing, gold loans, alternative finance solutions, and corporate financing. Orient Finance PLC has established itself as a customer-focused financial service provider that prioritizes innovation and offers exceptional customer service.
Janashakthi Foundation, the philanthropic arm of the Group, is dedicated to making a positive impact on the community through its commitment to three key pillars: sports, education, and community. Recognizing the transformative power of these pillars, the Janashakthi Foundation actively supports initiatives that contribute to the well-being and development of society.
The Group’s distinguished Board of Directors comprises Chandana De Silva (Group Chairman), Prakash Schaffter (Deputy Chairman), Ealderly Perera (Independent Non-Executive Director), Saliya Wickramasuriya (Independent Non-Executive Director), Nathan Sivagananathan (Independent Non-Executive Director), Vishnu Balachandran (Independent Non-Executive Director), Minette Perera ((Independent Non-Executive Director), and Manjula Mathews (Non-Independent Non-Executive Director), with Ramesh Schaffter serving as the Managing Director and Group CEO. Together, they steer Janashakthi Group toward continued success and growth in the dynamic financial landscape.
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