New Director and Chairman for IPGA

IPGA Ltd, the company behind the iproperty.com family of portals, has announced  a number of changes to the composition and structure of its Board of Directors.

Non-Executive Director Simon Baker has been appointed Chairman of the Board. Former Executive Chairman Patrick Grove is moving to a Non-Executive role and assuming the title of Deputy Chairman. The Board has also elected a new Director, Luke Elliott, to join its ranks.

“It’s an honour to take over the Chairmanship of IPGA,” said Baker. “The business has established itself as a leader in online real estate advertising in the region and is well positioned to take advantage of the rapid growth online property advertising in Asia. I look forward to working with the Board and the Company’s management to realise IPGA’s tremendous potential.”

“The Board would like to thank Patrick Grove for his Chairmanship of the Company,” said Baker. Patrick has successfully steered the business from its formation through being a leader in online property advertising in Asia. I look forward to working with Patrick to help drive the continued growth of IPGA.”

“We welcome Luke Elliott to the Board” Baker continued. “Luke’s experience in developing and managing media businesses throughout Asia will be invaluable to IPGA. Luke’s familiarity with IPGA’s regional operating environments will be extremely important in helping drive future business expansion.”

Elliott, a founding shareholder of IPGA’s majority shareholder, Catcha Media Group, brings over 10 years of Asian online media experience. He currently serves as the GM of Catcha Digital, a partnership between Microsoft and Catcha Media Group to operate Microsoft’s entire suite of online products in Malaysia, and is one of the region’s leading experts in developing fast-moving online business models and monetising online media assets.

The changes to the Board follow the recent appointment of former REA Group General Manager, Shaun Di Gregorio, as IPGA’s Chief Executive Officer.

IPGA operates portals in Singapore, Malaysia, and Hong Kong and has investments in India and the Philippines.

Classified Ad Ventures is the owner of propertyportalwatch.com, and also owns a stake in IPGA.

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