Prime Finance PLC is a Member of Prime Group which is the largest conglomerate in Real Estate and Residencies Industry.
The Company was incorporated in 2004, and presently operated as a Licensed Finance company registered under the Monitory Board of the Central Bank of Sri Lanka. It is a listed company under the Colombo Stock Exchange and the company was acquired by the Prime Group in January 2017 and a new Board of Directors was subsequently appointed. When appointing Directors to the Board of the Prime Finance PLC, a diversity policy has been adopted ensuring to maintain an appropriate balance in its composition in terms of industry expertise, skills, experience, professional qualifications, getting them to pool their extensive commercial and financial knowledge in taking the company forward.
The “Prime Group” has over 20 years of excellence. The Group was awarded the “Best Property Developer in 2018”, rated as one of the “25 Great Workplaces in Sri Lanka 2018” for the fourth consecutive year, and as one of “Asia’s 100 Greatest Brands”.
Mr. Premalal, a known dynamic leader and an entrepreneur in Sri Lanka was appointed to the Board on 7th of February 2017. He is one of the co-founders and the Chairman of the Prime Group. He, being a Chartered Management Accountant, has steered the Prime Group to its current status as Sri Lanka’s Leading Property Development Conglomerate within just a short span of two decades. He is also the Deputy Chairman of HNB Grameen Finance Limited and the Group Chairman of Prime Finance PLC.
Mr. Premalal is a Fellow Member of the Institute of Chartered Management Accountants (UK), Chartered Business Administrator (Canada) and Sri Lanka Institute of Marketing. He holds a Postgraduate Diploma in Marketing from the University of Sri Jayawardenepura. Considering his vast experience in the Real Estate Industry and exposure to many other industries as an entrepreneur, thereby having contributed considerably to the advancement of entrepreneurship in Sri Lanka, he was awarded at the “Most outstanding entrepreneur in Sri Lanka” for the year 2018 by the International Association of Lions Club.
Under his leadership, Prime Group has won many other national and international accolades and has earned the reputation of being placed among the great workplaces in Sri Lanka for the 4th consecutive year.
Mr. Goonatilleke was appointed to the Board on 06th February 2017. He was made the Chairman of the company on 03rd March 2017. He is the Chairman of the Related Party Transaction Review Committee and also a Member of both the Integrated Risk Management Committee and the Audit Committee. Mr. Goonatilleke is a Financial professional having over 30 years of post-qualification experience. He has held Senior Managerial positions in leading public, multinational and private companies during his career. Currently, He serves as the Group Director at Douglas & Sons (Pvt) Ltd and DSL Group of Companies. Mr. Goonatilleke is an Associate Member of the Institute of Chartered
Management Accountants (U.K) and Certified Global Management Accountants. He is a passed finalist of the Institute of Chartered Accountants of Sri Lanka and holds a Post Graduate Diploma in Management from the Postgraduate Institute of Management at the University of Sri Jayawardenapura. He also serves as a Non-Executive Independent Director at Colombo Land & Development PLC and has previously served in the Board of Vallibel Finance PLC, LB Finance PLC and Pan Asia Bank PLC in addition to having held directorates in several other public companies.
Ms. Sandamini was conferred the “Honored Leaders Excellence Award 2014” for excellence in women’s empowerment by the World Consulting and Research Corporation in New-Delhi. She is also the recipient of "Best Woman Entrepreneur" – Large category 2014/2015 in professional & career women awards from Women in Management Sri Lanka.
She has also won several other awards on “innovation and entrepreneurship” in the global arena. Being an entrepreneur she has achieved remarkable results in her own organization as well as in her professional career. Mrs. Sandamini holds a MSc in Strategic Marketing from the Asia e-University, Malaysia, and is a Member of the Sri Lanka Institute of Marketing (SLIM) and a practicing Marketer. She is passionately involved in social and environmental protection activities and contributes immensely towards empowering women in Sri Lanka
Mr. Perera was appointed to the Board on 07th February 2017. He is the Chairman of the Integrated Risk Management Committee and also a Member of the Remuneration and Nomination Committee and Related Party Transaction Review Committee. Mr. Perera is an Independent Director in terms of Rule 7.10.4 of the Listing Rules of the Colombo Stock Exchange and Section A.5.5 of the Code of Best Practice on Corporate Governance issued jointly by the Institute of Chartered Accountants of Sri Lanka and the Securities and Exchange Commission of Sri Lanka but is classified as Non Independent Non-Executive Director in terms of Finance Companies (Corporate Governance) Direction No. 03 of 2008. Mr. Perera counts over 30 years of professional experience in the Commercial Sector in Finance, Management and Legal disciplines. He commenced his professional career as a Management Accountant and is a Fellow Member of the Chartered Institute of Management Accountants (FCMA, UK) and CGMA. Mr. Perera obtained a Master’s Degree in Business Management (MBA) from the Postgraduate Institute of Management of the University of Sri Jayawardenapura and a Bachelor of law (LLB) from the Open University of Sri Lanka keeping in line with his career development. He was admitted to the Bar as an Attorney-at-Law in 2008. He has a wide experience in manufacturing and export industries having held Senior positions in multiples sectors such as Food and Beverage, Packaging and Ceramic Industries. In addition to many years of experience in Accounting and Finance, he has gained extensive experience in Corporate Management as a Director / Chief Executive Officer of listed and unlisted companies. He has also held Board positions in several listed and unlisted entities. Mr. Perera also served as an Executive Director of Varners International (Pvt) Ltd, which provides legal advice and professional services on Corporate and Regulatory matters to clients. At present, he is engaged in providing legal advice on Commercial and Corporate Law, as well as Professional Consultancy Services
Mr. Wickramage was appointed to the Board on 07th February 2017. Having Commenced his career life at the bottom of the ladder in Sales, today Mr. Wickramage is a Director of the CBL Group (CBL Investments Pvt Ltd), the largest FMCG conglomerate in Sri Lanka. And also, he serves as a none- Executive Board Director of the Prime Group (Prime Lands Pvt Ltd & Prime Residencies Pvt Ltd). Mr. Wickramage is a Master Practitioner of NLP – Certified by the American Board of Neuro-Linguistic Programming (ABNLP) and International Hypnosis Association LLC. (IHA). He holds a Post Graduate Diploma in Marketing Management (UK), Post Graduate Diploma in Sales Management (UK), Post Graduate Diploma in Retail Management (UK) and is a Fellow Member of the Society of Sales & Marketing (UK). In addition to being a Board of Director at the CBL Group, Mr. Wickramage also serves as a Director of CBL Foods International (Pvt) limited, Plenty Foods (Pvt) Limited, Convenience Foods PLC, CBL canneries (Pvt) Limited. As a passionate Leader & having hands-on experience of a Practical Marketer, Mr. Wickramage is renowned for his ability to turnaround brands and drive them to be market leaders, a trait he has demonstrated across various sectors. During his over 37 years of professional career, he has built a strong reputation as an excellent creative conceptualizer, a brilliant strategist, a great motivator and local and international trainer cum Peak Performance Coach. What is perhaps most amazing is his versatility.
Mr. Wickramage’s creativity is not confined to Leadership and Marketing. He is a highly accomplished lyricist, having written over 500 songs of which many have become local chart toppers. Mr. Wickramage’s leadership and his professional excellence have also been recognized by both local and international bodies where he has been presented with many prestigious Global and local awards, The most notable ones among them all being Global Brand Leadership Awards in 2010, Prestige Golden MACO Special Awards 2010 – Business Sector (Marketing & Sales),Marketing Leader of the Year 2010 - Asian Mass Media Awards 2010,Marketing professional of the year (Asia Region) at CMO Asia Awards 2011, Most Outstanding Marketing Professional of the Year (Global) at World Brand Congress 2011. He was also listed amongst 50 Most Talented CEOs Awards at World Marketing Summit 2013, People’s Leader 2014 awarded by IPM Sri Lanka and Global Marketing Excellence Awards for the contribution made to Marketing by World Marketing Congress in 2014.
Mr. Bandara was appointed to the Board on 03rd March 2017. He is the Chairman of the Audit Committee and a Member of the Integrated Risk Management Committee. Mr. Bandara is the former General Manager/CEO of the National Savings Bank and a Director at NSB Fund Management Company Ltd. He is a past President of the Association of Professional Bankers-Sri Lanka (APB) and Association of Accounting Technicians of Sri Lanka (AATSL). He served as a Director to the World Savings Banks Institute, Institute of Bankers of Sri Lanka, Sri Lanka Banks’ Association (Guarantee) Ltd, Financial Ombudsman Sri Lanka and was a Council Member of CA Sri Lanka. Once he was awarded the “Excellence in Business Management’’ by CMA Sri Lanka. He has taken part in several Training programs in overseas; on Postal Savings Banking System in Japan and Advanced Training Program on Risk Management in Banking in Sweden and Tanzania.
Mr. Bandara was a Member of the Expert Group appointed by the Central Bank of Sri Lanka to provide expertise for Registered Finance Companies (RFCs) and Specialized Leasing Companies (SLCs). Mr. Bandara is a Fellow Member (FCA) of the CA Sri Lanka, Certified Management Accountants (FCMA) of Sri Lanka, AAT Sri Lanka (FMAAT). He is also a Member of the Association of Professional Bankers of Sri Lanka and holds a B(Com) Special Degree from the University of Sri Jayawardenepura.
Mr. Kalapuge is a Director at SIPCOM – 1 (Pvt) Ltd, a company involved in Total People Development. He was the former Vice President–Marketing at DFCC Bank and also held Senior Marketing positions at Sampath Bank, Eagle Insurance and Eagle NDB Fund Management and had served as a Chief Examiner at the Institute of Bankers of Sri Lanka.
Over the last two decades, he has conducted nearly two thousand five hundred inspirational workshops in Management, Entrepreneurial Development, Customer Care, Service Excellence, Relationship Marketing and Motivation with over 500 leading public and private sector institutions in Sri Lanka and abroad with nearly 250,000 participants. In year 2000 he was presented with the Sri Lanka Institute of Marketing first ever ‘Recognition Award’ for the contribution made to enhance the professional competence of the customer interface community in Sri Lanka.
Mr Kalapuge is a Member of the Chartered Institute of Marketing (CIM, UK), Post Graduate Diploma holder of CIM (UK), Diploma holder of Marketing from Marketing Council of Australia and a Fellow of the Australian Marketing Institute. He also holds an Advanced Diploma in Business Administration from the Association of Business Executives (UK) and is a Fellow Member there.
Mr. Pathirage was appointed to the Board on the 03rd of March 2017. He is a Member of the Audit Committee. Mr. Pathirage is a professional in the field of Finance, counting over 20 years of experience in the private sector. He holds a B.Sc. Degree (Special) in Management with a Second Class Hons., from the University of Sri Jayawardenepura and is a Chartered Tax Advisor of the Institute of Chartered Accountants of Sri Lanka. He is an Associate Member of the Sri Lanka Institute of Taxation and a Member of AAT Sri Lanka.
Currently, Mr. Pathirage is serving as the Head of Finance at the Prime Group. Prior to that, he was a Senior Management Consultant at Baker Tilly- Sri Lanka, Chartered Accountants. He was once a Director of Corporate Secretaries Practice (Pvt) Ltd, the Secretarial unit of the Accountancy Firm. He could also gain over six years of experience on Financial Management in overseas covering the areas of International Trade and Tourism as the Chief Accountant of Cyprea Group of Companies in the Maldives.
Mr. Ruminda Randeniya is an accomplished Strategic Management Professional counting over 20 years experience in the real estate sector. Mr. Randeniya is the General Manager of Prime Lands (Pvt) Ltd having being recognized for his exceptional performance in the real estate business during his career at Prime Group. His strength lies in his unique ability to recognize potential properties for development in many parts of the country and executing wining strategies to profitably market them.
Mr. Randeniya holds a Bachelor’s Degree in Business Management from the Open University of Sri Lanka and a Diploma in Marketing from Sri Lanka Institute of Marketing (SLIM).
Ms. Fernando is an attorney-at-Law having entered the Bar in 1998 and has obtained a Masters Degree in Law (LLM) from the University of Colombo. During her 20 years of associaton with the real estate industry, she has gained extensive experience and expertise in drafting and review of legal documents, negotiation of terms and conditions and facilitation of title transfers relating to real estate.
Ms. Fernando joined the Prime Lands Group in 2001 and is currently its Chief Legal Officer and provides professional legal advise and guidance on conveyancing and land matters to Group companies including Prime Finance PLC