Ceylinco Life's Pranama scholarships top Rs 83 m

The recipients of Ceylinco Life Pranama scholarships in the Year five category with directors of the company.

Ceylinco Life's investment in rewarding the academic and extracurricular achievements of young Sri Lankans topped Rs 83 million, when the company awarded 150 Pranama scholarships this month. The 12th edition of this annual event brought the total number of Ceylinco Life Pranama scholarships awarded to 1,614 with recipients ranging from students who performed well at the Year five scholarship examination to young adults who have excelled at the national level in non-academic pursuits.

Ceylinco Life Managing Director and CEO R. Renganathan said that every parent knows that the best gift he or she can give a child is an investment in the child's education.

"However, while the value of education increases by the day, so does the cost of education, and the degree of competition," he said, adding "the incomes of parents do not increase proportionately."

"Ceylinco Life is therefore happy to contribute to the cost of education of our country's future leaders."

"Sri Lanka needs leaders who know what it takes to win, and how to accept defeat. These leadership qualities are developed at home, nurtured in school, and are tested on the sports field and in other areas of endeavour," he said.

Guest of honour, Dean, Faculty of Medical Science, University of Sri Jayewardenepura, Prof. Mohan de Silva said it is rare to see a private company providing scholarships on this scale to recognise the achievements of children.