HNB Finance PLC (HNBF) recently announced the reappointment of Mr. Brahmanage Premalal to the company’s Board of Directors as a Non-Independent, Non-Executive Director effective from November 29, 2022.
Mr. Premalal previously served as Deputy Chairman/Non-Independent, Non-Executive Director of HNB FINANCE until June 29th, 2020, before retiring in terms of Finance Companies (Corporate Governance) Direction of Central Bank of Sri Lanka, after completing 9 years on the Board.
Mr. Premalal is a fellow member of the Chartered Institute of Management Accountants (United Kingdom), Sri Lanka Institute of Marketing, and Chartered Business Administrator (Canada) and holds a Master of Business Administration from the Open University of Malaysia and a Postgraduate Diploma in Marketing from the University of Sri Jayawardenapura, Sri Lanka.
He has served Sri Lanka’s real estate sector for three decades and is a prominent figure in the Sri Lankan business landscape, is the Founder and Group Chairman of Prime Lands (Private) Limited which is the second Major Shareholder of HNB Finance PLC.
He was conferred with the prestigious UCD Entrepreneur of the Year in 2011, based on his vast experience in the real estate industry and exposure to many other industries as an entrepreneur. He was also honored as being one of the 2018 A-List of “Sri Lankan Businesspeople” by LMD, listing among the top 50 businessmen in Sri Lanka who have driven the nation’s engine of growth and are the country’s true assets.
He currently serves as the Chairman/Executive Director of Prime Lands (Private) Limited, Bhoomi Realty Holdings (Private) Limited, the Co-Chairman and Director of Prime Lands Residencies PLC, and a Director of Prime Lands Australia Pty Ltd. He is the President of the Condominium Developers Association of Sri Lanka (CDASL) for the year 2021–2022.