The Colombo Fort Land & Building PLC announced that Mr. Alagarajah Rajaratnam has relinquished his position as Chairman of The Colombo Fort Land & Building PLC with effect from 30th June 2022. However, Mr. Alagarajah Rajaratnam will continue to serve on the Board of CFLB as a Non-Executive Director. Relevant interest details of Mr. Alagarajah Rajaratnam will be confirmed shortly.

Mr. S.D.R. Arudpragasam who functioned as Deputy Chairman has been appointed Chairman (Non-Executive) of The Colombo Fort Land & Building PLC with effect from 1st July 2022. Relevant interest details of Mr. S.D.R. Arudpragasam will be confirmed shortly. Mr. S.D.R. Arudpragasam being associated with The Colombo Fort Land & Building Group of companies since 1982, joined the Board of The Colombo Fort Land & Building PLC (CFLB) in the year 2000.

He was appointed Deputy Chairman in November 2011 and as Chairman with effect from 1st July 2022. He serves as Chairman of several subsidiaries of The Colombo Fort Land & Building PLC including Chairman, Lankem Ceylon PLC and Chairman/Managing Director of E.B. Creasy & Company PLC, in addition to serving on the Boards of other companies in CFLB Group. Mr. C.P.R. Perera who functions as an Independent Non-Executive Director has been appointed Deputy Chairman of The Colombo Fort Land & Building PLC with effect from 1st July 2022.

Relevant interest details of Mr. C.P.R. Perera will be confirmed shortly. A brief profile of Mr. C.P.R. Perera is given below: Mr. C.P.R. Perera was appointed to the Board of The Colombo Fort Land & Building PLC (CFLB) in May 2013 and as Deputy Chairman with effect from 1st July 2022. He serves on the Boards of several subsidiaries of CFLB Group and also holds directorships in other private and public companies.

He retired as Chairman of Forbes & Walker Ltd. and its subsidiary companies in June 2005 after almost 44 years of service. He is also a past Chairman of the Sri Lanka Tea Board, Sri Lanka Insurance Corporation, PERC and Bank of Ceylon. Mr. Perera having held the Office of Chairman of Ceylon Tea Brokers PLC until 1st April 2022 continues to serve as a Non-Executive Director of the said Company.

Mr. Perera has served as a Committee Member of the Ceylon Chamber of Commerce, The Planters Association of Ceylon, and on the Committee of Management of the Ceylon Planters Provident Society.