Ranjit Parakrama was the son of Robert P. Senanayake and Swarna Neela Senanayake. He is the paternal grandson of the first Prime Minister of Ceylon, Rt. Hon. D. S. Senanayake and the maternal grandson of D. C. Senanayake.
He was appointed as the Chairman of Freudenberg Shipping Agencies in 1986, following the demise of his father, and further diversified the company’s business scope into Real Estate and Stock Market investment.
He married his cousin, Suwanitha Senanayake and has one son, Vasantha, who is the only fourth generation parliamentarian, to follow in our ancestors’ footsteps.