Mr Kanchana Ratwatte was appointed as the Chairman of the Board of Directors of Property Development Limited with effect from 25 February 2020. He was also appointed as the Chairman of Koladeniya Hydropower (Pvt) Ltd with effect from 28 February 2020.

He is a Lawyer by Profession and has an LLB degree from the University of Colombo. During his legal career he has appeared on behalf of corporate clients and individuals in both civil and criminal areas of the law. He has held public sector positions as the Director General of the Telecommunications Regulatory Commission of Sri Lanka, Chairman of the Sri Lanka Standards Institution and the Ceylon Shipping Corporation among other organisations in his career.

He brings a wealth of experience in public sector processes and regulations in the fields of commerce and administration due to his extensive experience in heading these public sector institutions. He also has extensive experience in administration and commerce, being a member of the board of directors of several private sector enterprises in the fields of IT, security data printing, software development, BPO, insurance brokering and securities. He currently holds the position of the Chairman of Bank of Ceylon. He had his primary and secondary education at Trinity College Kandy.