Janashakthi Foundation and President’s Fund unite in national commitment to safeguard children’s wellbeing

JXG (Janashakthi Group), a leading Sri Lankan financial conglomerate, through its philanthropic arm the Janashakthi Foundation, has partnered with the President’s Fund to expand healthcare assistance for children under eighteen. The collaboration marks a rare and significant corporate partnership with a national fund, reinforcing JXG’s commitment to creating enduring value for Sri Lanka.

Positioned as a national commitment, the initiative is driven by the theme ‘Safeguarding Today to Shape Tomorrow’, reflecting a shared purpose of strengthening access to healthcare for children across the country.

Ramesh Schaffter – MD/Group CEO, JXG (Janashakthi Group) sharing insights on national impact and the significance of the collaboration.

Aligned with JXG’s purpose of ‘Breaking Barriers, Forging Futures’, the initiative addresses gaps in access to timely and adequate medical care. The Janashakthi Foundation will provide financial top-up contributions for treatments approved by the President’s Fund, enabling broader access to essential care.

Where the President’s Fund covers part of a treatment cost, the Foundation will contribute an equal amount or the remaining balance, whichever is lower. Support will be extended either post-treatment to guardians or pre-treatment for urgent or overseas cases, with applications processed monthly to ensure timely assistance.

Ramesh Schaffter, Managing Director/Group CEO, JXG , said, “At Janashakthi, we have always aspired to create impact at scale. This partnership with the President’s Fund reflects what we believe is a meaningful and far-reaching way to bring our purpose of ‘Breaking Barriers, Forging Futures’ to life. For many children, access to healthcare remains a significant barrier to fully embracing their future. Through this collaboration, we aim to ease that burden by extending financial support where it is needed most, enabling better health outcomes and giving the next generation a stronger foundation to move forward with confidence.”

G.G.S.C Roshan, Senior Additional Secretary to the President / Secretary - President’s Fund added, “This collaboration with the Janashakthi Foundation represents a unique and, in many ways, a historic milestone. It demonstrates how national institutions and the private sector can work together in a coordinated manner to strengthen support for children and reduce gaps in access to essential medical care.”

Applicants seeking additional support are required to complete a consent form when applying to the President’s Fund, enabling secure information sharing with the Janashakthi Foundation and consideration for supplementary financial assistance. Applicants will be eligible for additional funding from the Janashakthi Foundation for applications submitted to the President’s Fund from 15 May 2026 onwards. The President’s Fund will continue to identify, screen, and approve beneficiaries requiring medical support. 

JXG remains committed to delivering meaningful, measurable impact across Sri Lanka, guided by its purpose and aligned with national priorities.

About JXG (Janashakthi Group)

JXG (Janashakthi Group) is a 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. Guided by its purpose of "Breaking Barriers, Forging Futures" JXG is shaping the future of Sri Lanka’s financial industry.