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Prime Lands Residencies announces Sandamini Perera as new Executive Chairperson

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Prime Lands Residencies PLC, the real estate leader, has announced a change in leadership with Sandamini Perera assuming the role of Executive Chairperson of the Company’s Board of Directors, effective January 01, 2024. She takes over from outgoing co-chairman, Premalal Brahmanage, who has stepped down from the role after nearly 03 years of dedicated service since the Initial Public offering in 2021.

Sandamini Perera, the co-founder of Prime Group, has served as the Executive Director of Prime Lands Residencies PLC since 2005, concurrently holding the position of co-chairperson. Apart from her role there, she also holds director positions in several other companies. With over 27 years of experience in the real estate industry, Sandamini Perera brings exceptional leadership expertise as she steps into her new role. She has been instrumental in the Company’s tremendous growth over the past two decades to become Sri Lanka’s leading real estate developer.

An entrepreneur and business strategist by profession, Sandamini Perera holds an MSc. in Strategic Marketing and is a member of the Sri Lanka Institute of Marketing. She has received many accolades, including being named one of Sri Lanka’s Most Powerful Businesswomen in 2013 and Best Women Entrepreneur for 2014/2015. She was also awarded the ‘Honoured Leaders Excellence Award’ for excellence in women’s empowerment from World Consulting and Research Corporation, New Delhi.

On assuming the role as Chairperson, Sandamini Perera said, “Embracing global real estate trends, we pioneered the revolutionary ‘Prime 1% Plan’, which enabled everyone to own a home or a land that they

desired. In our relentless pursuit of success, we are unwaveringly dedicated to turning the aspirations of our valued clients into reality. I am proud to be part of these transformative initiatives and look forward to leading more exciting ventures for our clients.” Sandamini added, “I sincerely thank Premalal Brahmanage for his visionary leadership over the years and look forward to building on the strong foundation. I appreciate the trust placed in me and eagerly anticipate the journey ahead.”

Premalal Brahmanage’s invaluable service and dedication as co-chairman over the past two decades has been instrumental in guiding the strategic vision of the company. Under his exceptional leadership and stewardship, Prime Lands Residencies PLC experienced monumental expansion to become the Nation’s Premier Real Estate Developer.

After resigning as co-chairman, Premalal Brahmanage will continue to serve the company as an Executive Director. The Board of Directors expressed gratitude to Premalal Brahmanage for his invaluable contributions and wishes him the very best in his continued role as an Executive Director. It also conveyed full confidence in Sandamini Perera to take Prime Lands Residencies PLC to greater heights in line with its strategic vision and plans for the future. As Prime Lands Residencies PLC continues its legacy as the market leader, the announcement of change in leadership will thrive the company towards continued growth.

 



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AHK Sri Lanka champions first-ever Sri Lankan delegation at Drupa 2024

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The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) proudly facilitated the first-ever Sri Lankan delegation’s participation at Drupa 2024, the world’s largest trade fair for the printing industry and technology. Held after an eight-year hiatus, Drupa 2024 was a landmark event, marking significant advancements and opportunities in the global printing industry.

AHK Sri Lanka played a pivotal role in organising and supporting the delegation, which comprised 17 members from the Sri Lanka Association for Printers (SLAP), representing eight companies from the commercial, newspaper, stationery printing, and packaging industries. This pioneering effort by AHK Sri Lanka not only showcased the diverse capabilities of Sri Lanka’s printing sector but also facilitated vital bilateral discussions with key stakeholders from the German printing industry.

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Unveiling Ayugiri: Browns Hotels & Resorts sets the stage for a new era in luxury Ayurveda Wellness

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Kotaro Katsuki, Ambassador for the Embassy of Japan

In a captivating reimagining of luxury wellness tourism, Browns Hotels & Resorts proudly unveiled the exquisite Ayugiri Ayurveda Wellness Resort Sigiriya. This momentous occasion, celebrated amidst a vibrant and serene grand opening on the 6th of June, heralds a new chapter in the Ayurveda wellness tourism landscape in Sri Lanka. Nestled amidst 54 acres of unspoiled natural splendour, Ayugiri features 22 exclusive suites and stands out as the only luxury Ayurveda wellness resort in the country offering plunge pools in every room, rendering it truly one-of-a-kind.

The grand opening of Ayugiri Ayurveda Wellness Resort was an enchanting event, where guests were captivated by the melodies of flutists and violinists resonating through Sigiriya’s lush landscapes. As traditional drummers and dancers infused the air with vibrant energy, Browns Hotels & Resorts’ CEO, Eksath Wijeratne, Kotaro Katsuki, Acting Ambassador for the Embassy of Japan and General Manager, Buwaneka Bandara, unveiled the resort’s new logo, marking a significant moment witnessed by distinguished guests from the French Embassy, Ayurveda and wellness enthusiasts along with officials from the Sigiriya area, LOLC Holdings and Browns Group.

“Our strategic expansion into wellness tourism with Ayugiri Ayurveda Wellness Resort Sigiriya symbolises a significant milestone for Browns Hotels & Resorts. Wellness tourism has consistently outperformed the overall tourism industry for over a decade, reflecting a growing global interest in travel that goes beyond leisure to offer rejuvenation and holistic well-being. By integrating the timeless wisdom of Ayurveda with modern luxury, we aim to set a new standard in luxury wellness tourism in Sri Lanka. Whether your goal is prevention, healing, or a deeper connection to inner harmony, Ayugiri offers a sanctuary for holistic well-being” stated Eksath Wijeratne.

Ayugiri encapsulates the essence of life, inspired by the lotus flower held by the graceful queens of the infamous Sigiriya frescoes. Just as the lotus emerges from the murky depths, untainted and serene,

Ayugiri invites guests on a journey of purity and rejuvenation, harmonised with a balance of mind, body and spirit, the essence of nature, echoes of culture and the wisdom of ancient Ayurvedic healing.

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HNB General Insurance recognized as Best General Bancassurance Provider in Sri Lanka 2024

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HNB General Insurance, one of Sri Lanka’s leading general insurance providers, has been honored as the Best General Bancassurance Provider in Sri Lanka 2024 by the prestigious Global Banking and Finance Review – UK.

The esteemed accolade underscores HNB General Insurance’s unwavering commitment to excellence and its outstanding performance in the field of bancassurance. Through dedication and hard work, the HNB General Insurance team has continuously endeavored to deliver innovative insurance solutions, cultivate strong relationships with banking partners, and provide unparalleled service to customers nationwide. This recognition is a testament to the team’s dedication and relentless pursuit of excellence in the bancassurance business.

“We are honored to receive this prestigious award, which reflects our team’s tireless efforts and dedication to delivering value-added insurance solutions and exceptional service through our bancassurance partnerships,” said Sithumina Jayasundara, CEO of HNB General Insurance. “This recognition reaffirms our position as a trusted insurance provider in Sri Lanka and motivates us to continue striving for excellence in serving our customers and communities.”

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