The former Apollo Hospital renamed as Lanka Hospitals unveiled its new logo on the 16 th in the presence of Ajith Nivard Cabraal the Governor of Central Bank Sri Lanka.

"Any investment should have a good return to ensure sustainability and development of the institute, though it is a Government investment or a private investment the return is an essential factor for development" Cabraal said.

The new controller of the hospital sees the investment as a strategic investment for future development of the hospital and being a state held organization Sri Lanka Insurance Corporation (SLIC) shows keen interest in the development of the health sector.

The financial report for the 2008 and 2009 was a significant one, which is satisfactory. With the change of ownership the hospital hopes to grow through branches established in the main cities of the country.

The hospital has been capable of making out a profit of Rs 41 million according to the CEO of Lanka Hospitals Lakith Peiris.

According to the Managing Director of SLIC Dr. Nalaka Godahewa "The hospital will lead to be the benchmark of the Health sector leading with honor"

"The new beginning and understanding as a state held institution will understand the social responsibility and the new logo represents our devotion and dedication to our cause - our understanding of our customers' medical needs and our belief that everyone requires an equal amount of attention when they walk in through our doors, without discrimination," said Secretary of Defense and the new chairman of Lanka Hospitals Gotabhaya Rajapaksa.

"The controlling shareholder of Lanka Hospitals, who is also, a Member of the Board of Directors at Lanka Hospitals, said the hospital today stands on the threshold of a new beginning,

"I can assure you that our vision for the Company is one that aspires to achieve the highest level of corporate excellence in the immediate future. Our vision for the Company mirrors the bold vision of the President for our nation. In the year ahead we will put in place a number of strategic initiatives which aim to propel Lanka Hospitals to be positioned as a hospital and a corporate that is truly world-class. Furthermore, as a part of our vision to become the national health care provider, Lanka Hospitals will in future set up a chain of hospitals to take quality health care, at an affordable price to people living even outside Colombo. To this effect, our medium term goal is to be recognized as one of the best healthcare solutions provider in the South Asian region" he said.

Our collective mission is to make Lanka Hospitals the pinnacle of healthcare in Sri Lanka, and the benchmark for Sri Lanka's healthcare industry as well the region," concluded Peiris the CEO of Lankan Hospitals.