Premalal Brahmanage new Condo Developer’s Assn President 

  • Prime Lands Chief succeeds Suresh Rajendra 

Prime Group 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 organisation 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. 

“As I assume this new position, I wish to acknowledge our outgoing President Mr. Suresh Rajendra. His leadership towards the association was steady, assured and pragmatic and his clear vision helped the Association navigate the deeply challenging world environment driven by the Covid-19 pandemic. His knowledge and experience played a pivotal role in this regard, and I offer my deep gratitude for his wonderful service and hard work rendered towards CDASL together with the outgoing Executive committee,” expressed Prime Group Chairman Premalal Brahmanage. 

A seasoned entrepreneur and veteran of the real estate industry, Brahmanage is a Fellow Member of the Institute of Chartered Management Accountants (UK), Chartered Business Administrator (Canada) and Sri Lanka Institute of Marketing. He also holds an MBA from the Open University of Malaysia and a Postgraduate Diploma in Marketing from the University of Sri Jayewardenepura. His long-standing career has seen him make significant contributions to the advancement of entrepreneurship in Sri Lanka, and was named as the “Most Outstanding Entrepreneur in Sri Lanka” for the year 2018 by the International Association of Lions Club. 

An affiliate of the Ceylon Chamber of Commerce, the Condominium Developers Association aims to preserve the interests of all stakeholders connected to the industry, foster industry specific initiatives, invite the intervention of governmental bodies in the facilitation and implementation of investments in the industry, lobby for the change of counterproductive legislation, interact with line ministries and related bodies in facilitating responsible and proactive procedures, establish best practices, and establish the role of the condominium sector as a significant player in the economy.