Prime Lands Residencies PLC announced that Mr. Deepal Sooriyarachcchi, an Independent Non-Executive Director of the Board, was appointed as the Senior Independent Director in June 2021, and continues in this position to date. The Board resolved to appoint a Senior Independent Director when the Company was Listed on the CSE in order to comply with the Code of Best Practice on Corporate Governance since the Co-Chairpersons, Mr. Brahmanage Premalal and Ms. Sandamini Perera are also Executive Directors and founder shareholders of the Prime Group of Companies. However, neither of them holds the position of Chief Executive Officer of the Company.