• About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact
Friday, 16 April 2021
26 °c
Colombo
26 ° Sat
27 ° Sun
27 ° Mon
27 ° Tue
Sri Lanka News - BusinessNews.lk
  • Home
  • News
    • Local
    • Covid-19
    • Developments
    • Sports
    • World
    • Weather
  • Business
    • Banking & Insurance
    • Corporate
    • CSR
    • Economy
    • Entrepreneur
    • Financial
    • Travel
    • Budget
  • Magazine
  • News – Sinhala
    • Business – Sinhala
No Result
View All Result
Sri Lanka News - BusinessNews.lk
Home Business News Banking & Insurance

This Women’s Day, AIA reflects on its gender parity journey

by Editor
9 March, 2021
in Banking & Insurance, Business News, News
3 min read
343 11
This Women’s Day, AIA reflects on its gender parity journey
311
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Women’s Day that falls on the 08th of March offers an opportunity to celebrate gender empowerment, to reflect on progress made and to call for greater change. Women everywhere want and deserve a future with equal rights and opportunities for all, free from stigma and stereotypes. And, at AIA Insurance, this is a serious mission. Having been recognized as one of the ‘Best Workplaces for Women in Sri Lanka’ (awarded by Great Place to Work®) for three consecutive years (2018, 2019, 2020), AIA is solid in its commitment to gender parity and women’s empowerment.

The recognitions are testament to AIA’s commitment to creating a truly fair and productive workplace for women, while promoting gender parity and a dynamic balanced workforce where female staff play an integral part in business success. AIA recognized early, the trends of diminishing female participation at work and took many strategic steps over the years to ensure that female colleagues have a work environment that provides opportunity and flexibility to arrange work within family circumstances, at times of life where such support is needed most.

AIA’s Director HR Thushari Perera said, “We believe that caring for oneself and one’s family helps us be our best at work. That is why we were the first EFC (Employers’ Federation of Ceylon) member to implement a comprehensive maternity benefit scheme for female employees, in the country, with a host of unique benefits that resulted in over 85% of women returning to work after maternity leave.”

She added, “35% of our permanent cadre are women with a 38% share of senior management being female. Increasing the share of Women in Leadership was a key focus for us while ensuring experienced talent is represented at the senior

management and board level. So, we identified structural barriers to women’s progression within the company and took proactive measures to mitigate those barriers.”

She further commented, “Insurance sales is a traditionally male-dominated role in Sri Lanka. But we are working to disrupt this norm by actively recruiting women as AIA Wealth Planners and Wealth Planner Managers. Through targeted recruitment campaigns powered by market research, AIA has achieved 25% female representation in its wealth planner cadre; and is looking to increase this. Additionally, 43% of women in the Top 100 High Performing Wealth Planners, bring in over half of new businesses. So, there is no undermining the contribution made by women to our business!”

AIA’s commitment to female empowerment extends beyond its employees to the industry and society at large. AIA’s recent partnership with the International Finance Corporation (IFC), is aimed at increasing access to insurance for Sri Lankan women,

including female entrepreneurs, while also allowing a better chance of a job in the insurance industry. Under the agreement, IFC is working in partnership with AIA to develop a women’s insurance programme strategy and suitable products and targeted programmes for Sri Lankan women. In a country where very few women have insurance, the move will boost women’s access to insurance and help mitigate their risks.

Director & Chief Officer Legal and Operations for AIA, Chathuri Munaweera noted, “A 2015 survey showed Sri Lankan women to be the main influencers and decision makers when it comes to their family’s protection and future. They play a critical role in the home- front’s health and financial well-being. Through this programme we are better positioned to reach women through insurance and empower them to protect what is most important to them- their families.”

She added, “The programme will also open up new job opportunities for women in this industry which in turn will enable financial independence and long-term financial security for women.”

Women’s Day is a pertinent reminder of the immense contribution made by women to society and AIA Insurance extends its appreciation to the immeasurable contribution made by its female staff, while pledging solidarity to creating a world without gender-based discrimination.

More News:

Sri Lanka’s exports earnings reached to over US$ 908 million in January 2021

Tags: Bank News Sri LankabnslLkaSriLanka
Share124Tweet78

Related Posts

Asian Swimming record holder LAC Abeysundara promoted to Corporal
Local News

Asian Swimming record holder LAC Roshan Abeysundara promoted to Corporal

16 April, 2021
Germany
Business News

ICTA inks MoU with enpact e.V, Germany

16 April, 2021
Mega Facilities for Colombo Residents from RDB Nugegoda Branch
Business News

Mega Facilities for Colombo Residents from RDB Nugegoda Branch

16 April, 2021
Litro Gas Lanka revolutionizes LPG market with Premium Hybrid 18 litre cylinder
Biz Just In

Litro Gas Lanka revolutionizes LPG market with Premium Hybrid 18 litre cylinder

16 April, 2021
National Chamber of Exporters of Sri Lanka (NCE)
Business News

Improving Sri Lanka’s market access to the US: Growing beyond traditional products

16 April, 2021
Virtusa Sponsors First Virtual IEEE Sri Lanka Robotics Workshop
Business News

Virtusa Sponsors First Virtual IEEE Sri Lanka Robotics Workshop

16 April, 2021

RECENT

Virtusa Sponsors First Virtual IEEE Sri Lanka Robotics Workshop

Virtusa Sponsors First Virtual IEEE Sri Lanka Robotics Workshop

16 April, 2021
Showers

Showers expect in several places over most parts of the island

16 April, 2021
LG Dual Cool Inverter Air Conditioner offers up to 70% electricity savings

LG Dual Cool Inverter Air Conditioner offers up to 70% electricity savings

16 April, 2021
Purchasing Manager Index - PMI

Sri Lanka’s PMI for both Manufacturing and Services activities expanded in March

16 April, 2021
US Dollar - Foreign Currency

The selling price of a US Dollar against SL Rupee recorded Rs.204.62

15 April, 2021
Improt and Export - Sri Lanka News – BusinessNews.lk |Local|Business|Sports|World

Colombo Port re-exports crude coconut oil containing carcinogen aflatoxin

15 April, 2021
Mahinda Amaraweera

Over 107,000 saplings planted in four months – Min. Mahinda Amaraweera

15 April, 2021
ADB

ADB: 2021 Annual Evaluation Review: Supporting the Sustainable Development Goals

15 April, 2021
Expack celebrates its women at workplace and calls for gender diversity

Expack celebrates its women at workplace and calls for gender diversity

15 April, 2021
Jack Ma - Sri Lanka News – BusinessNews.lk |Local|Business|Sports|World

Record penalty for Ma’s Alibaba marks tumultuous stretch for its founder

15 April, 2021
Singapore Airlines

Singapore Airlines to increase flight frequency to Sri Lanka

15 April, 2021
AIA are champions at the Inter Insurance Company Quiz Competition

AIA are champions at the Inter Insurance Company Quiz Competition

15 April, 2021
DFCC Bank Sri Lanka

DFCC Bank Cardholders enjoy 60% savings and so much more this Avurudu season

15 April, 2021
Nokia HMD Global

HMD Global introduces six new Nokia phones across three distinct lines and continues its move into the mobile services sector

15 April, 2021
Eliminate Hidden Hunger With Promalt Nutritional Drink Mix

Eliminate Hidden Hunger With Promalt Nutritional Drink Mix

15 April, 2021
Dullas Alahapperuma - Sri Lanka News – BusinessNews.lk |Local|Business|Sports|World

The government is responsible for introducing a new electoral system that is appropriate for the country – Min. Dullas Alahapperuma

15 April, 2021
Chinese Defense Minister General Wei Fenghe

Chinese Defense Minister to visit Sri Lanka later this month

15 April, 2021
Aroshana Fernando - Head of Consumer, Private & Business Banking (CPBB) Standard Chartered Sri Lanka

Standard Chartered Sri Lanka appoints Aroshana Fernando to Country Management Team

15 April, 2021
Park & Ride City Bus

Colombo ‘Park and Ride City Bus’ service to be expanded

15 April, 2021
Emirates

Embark on that long-awaited getaway with Emirates and enjoy special fares

15 April, 2021
Ranil Wickremesinghe

Ranil Wickremesinghe expected to seat in the Parliament next month

15 April, 2021
Construction of first phase on Central Expressway begins

Southern expressway revenues in four days exceed Rs.135mn

15 April, 2021
Ramadhan Guidlines

Sri Lanka has issued Ramadan health guidelines to be followed

15 April, 2021
Showers

Showers will occur at several places over most parts of the island

15 April, 2021
Gazette of Sri Lanka

Sri Lanka Gov; issued extraordinary gazette proscribing 11 extremist organizations to prevent terrorism

15 April, 2021
Made in Sri Lanka

“Made in Sri Lanka’ brand built with strong hopes”

14 April, 2021
State Minister - Ajith Nivard Cabraal

State Minister Cabraal meets Sultan’s Deputy Prime Minister for Int’l Relations in Oman

14 April, 2021
Tropical Green Export Founder and MD Sheahan Arasaratnam

Tropical Green Exports commences operations in Jaffna supporting the North’s economic development

14 April, 2021
Mangala Wijesekera

Mangala Wijesekera appointed CEO of SriLankan Catering

14 April, 2021
Dialog’s Genie Partners MyDoctor Elevating the Digital Healthcare Payment Mechanism in Sri Lanka

Dialog’s Genie Partners MyDoctor Elevating the Digital Healthcare Payment Mechanism in Sri Lanka

14 April, 2021
Sri Lanka News - BusinessNews.lk

Copyright © 2020
Business Studio
Powered by Rani CS

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
  • Local
  • Business
  • Covid-19
  • Sports
  • World
  • Magazine
  • Business – Sinhala

Copyright © 2020
Business Studio
Powered by Rani CS

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist