JXG reimagines finance with diversified strengths and visionary expansion plans

JXG (Janashakthi Group) is shaping the future of the financial industry in Sri Lanka with the vision of “Breaking Barriers, Forging Futures.” As a financial conglomerate, JXG unites insurance, capital markets and non-banking finance under one powerful identity, delivering innovation and growth at scale. 

The Conglomerate's trailblazing and diversified strengths make it unique in the market. Through its three pillars, Janashakthi Life, First Capital and Janashakthi Finance; JXG integrates growth, access and protection to serve diverse financial needs with balance and strength.

For decades, customers have trusted JXG to stand beside them at every stage of life. Through Janashakthi Life, families have secured protection and peace of mind; with First Capital, investors have grown their wealth with confidence; and through Janashakthi Finance, individuals and businesses have progressed steadily along their financial journeys. Anchoring this legacy, JXG provides the vision and leadership that place knowledge, innovation and forward-thinking ideas at the heart of wealth creation in Sri Lanka.

Rooted in a vision of ‘Breaking Barriers and Forging Futures’, JXG reimagines wealth as a holistic force, one that inspires individuals and businesses to thrive and touches every aspect of life.

Ramesh Schaffter, Managing Director/Group Chief Executive Officer, JXG elaborates, “What distinguishes JXG is our integrated structure. Our strategy is to envision our three business pillars operating as one unified ecosystem, enabling clients to access capital markets expertise, secure financing and build long-term security through life insurance solutions within a single conglomerate framework. Our 2026 strategy focuses on deepening this model locally to serve households across Sri Lanka, while extending the same integrated approach regionally.”

JXG’s strategic direction is clear, to reimagine finance to create wealth and change lives. Combining robust financial services with insightful leadership, JXG is building momentum in the market and shaping a future where financial inclusion, innovation, and resilience support Sri Lanka’s progress. The integrated model benefits clients through stability and creativity.

By 2026, JXG aims to expand into both familiar and new financial services in ways that touch every Sri Lankan household. The vision moves outside the domestic market as JXG is determined to carry the same values beyond Sri Lanka.

The Conglomerate's forward-looking approach emphasizes building meaningful impact through partnerships to strengthen its leadership position. Collaborating with trusted institutions and forward-thinking enterprises, JXG intends to create synergies to accelerate growth and reinforce the reputation as a legacy-driven leader.

The heart of JXG is its people and their commitment to stability. JXG has built a culture rooted in trust, purpose, and performance mirrored in its ‘Great Place To Work’ ratings, with a 97% positive response rate and an overall score of 93%. JXG invests in people at every level, fostering a supportive, empowering and inclusive environment where transformation begins. Through initiatives such as the Apprentice Director Programme and Management Trainee Programme, JXG nurtures talent equipping the next generation to lead. 

As a financial conglomerate, JXG has established a strong foundation of trust and perseverance, providing clients and stakeholders with confidence even in times of uncertainty. Backed by decades of expertise and a diversified portfolio, JXG continues to deliver consistency and long-term value across its businesses.

JXG is equally defined by its drive to innovate, continuously pioneering new financial solutions and advancing digital transformation to meet evolving needs. Beyond technology, the Group remains committed to ensuring financial services are relevant, inclusive and accessible to every Sri Lankan. As it looks to the future, JXG is committed to breaking barriers, forging futures and empowering individuals and businesses to thrive with confidence, redefining what’s possible in financial services.

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About JXG (Janashakthi Group)

JXG (Janashakthi Group) is a premier Sri Lankan financial conglomerate, with a presence spanning in the insurance, finance & leasing, and investment banking verticals. Each of the Group’s core businesses is a formidable player in its industry. JXG comprises First Capital Holdings PLC, Janashakthi Insurance PLC, Janashakthi Finance PLC and its philanthropic arm, the Janashakthi Foundation.

JXG’s roots trace back to the early 1990s when its founder and Chairman emeritus, Mr. C.T.A. Schaffter, established Sri Lanka’s first specialized life insurance company, playing a pivotal role in revolutionizing the industry. Over the following decades, through strategic mergers and acquisitions, the Group has expanded its reach and influence.

The 'X' in the brand name symbolizes exciting opportunities, expansion, and exponential growth, representing the multiplication of potential as a unified entity. The slogan “Stronger Together, Stronger Than Ever” encapsulates JXG’s commitment to unity and collective strength.