Business
President Condominium Developers Assn
Sri Lanka’s leading property development conglomerate Prime Group’s Chairman Premalal Brahmanage has been appointed as the new President of the Condominium Developers Association – Sri Lanka (CDASL) for the year of 2021/2022. He succeeds Suresh Rajendra of John Keells Holdings PLC who completed his term as Chairman at the culmination of this year’s Annual General Meeting.
Premalal Brahmanage currently serves as the Chairman of the Prime Group, a company he co-founded and steered to become the country’s most celebrated real estate company with an indelible reputation built over 25 years of service excellence. He was also the Deputy Chairman of HNB Finance PLC.
“I am both privileged and humbled to have been entrusted this role as the President of the Condominium Developer’s Association, as an organization with a proud past and an exciting and prosperous future. Over the next year, we will continue to build on our strengths and explore new directions. While the times ahead may seem challenging, I am confident that as we stand united in our values, skills and commitment, we will continue to overcome and forge ahead from strength to strength to serve the best interests of our nation.
“To commence my tenure, I will relook at the Condominium Act to improve operations within the industry and facilitate joint promotions outside Sri Lanka to secure mileage within the international market. In a business environment conflicted by a global pandemic, this will help us fortify our contribution to the government, local businesses as well as the broader community,he said.