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  • After a successful decade as CEO, Hari V. Krishnan will transition to Senior Advisor to the Board
  • Lewis Ng returns to the Group and will be appointed CEO with effect from March 2025
  • Trevor Mather appointed as Chairman to the Board, and Janice Leow, Ed Williams as Board Directors

Singapore – January 13, 2025 – PropertyGuru Group (“The Group” or “PropertyGuru”), Southeast Asia’s leading1 property technology (“PropTech”) company, today announced change of CEO and the appointment of a new Board of Directors.

After a decade of successful leadership and significant accomplishments, Hari V. Krishnan has decided to pursue new interests and step down as CEO of the Group. Hari has played a central role in transforming PropertyGuru from a start-up into Southeast Asia’s leading PropTech company.

Hari has been instrumental in achieving significant milestones, including building a clear market leadership position in Southeast Asia. He led as PropertyGuru incubated new businesses and solutions that solve for the entire consumer journey. He helmed multiple funding rounds, including the public listing on the New York Stock Exchange (NYSE), and steered the company through its successful acquisition by EQT Private Capital Asia. Once the new CEO is in place, Hari will continue to be closely involved with PropertyGuru as Senior Advisor to the Board.

Lewis Ng will join as CEO of PropertyGuru in March 2025. A seasoned leader with over two decades of experience across Asia and the technology industry, Lewis has held leadership roles at global brands like Apple, TripAdvisor, and Southeast Asia’s unicorns Carousell and PropertyGuru.

During his nearly six years at PropertyGuru (2014-2019), Lewis served as Managing Director of Singapore and Chief Business Officer for the Group, driving growth and fostering a customer-centric culture. Most recently, as Chief Operating Officer at SEEK Asia, he transformed the region’s leading job marketplace into a best-in-class career platform. He also serves as a board director at Zhaopin, a prominent employment marketplace in China.

With expertise spanning sales, customer service, strategy, and operations, Lewis has scaled businesses from the ground up and transformed start-ups into unicorns and driven efficient, scalable growth in well-established companies. Coupled with his previous experience at PropertyGuru, Lewis is uniquely positioned to lead the Group into its next chapter of growth and innovation.

In addition, Trevor Mather has assumed the role of Chairman of the Board of Directors. Trevor brings a wealth of experience in scaling marketplace businesses, having previously served as CEO of Auto Trader, where he successfully transitioned the business into a fully digital platform and established it as a leader of the UK automotive marketplace. Trevor is currently Chairman of Baltic Classifieds Group, further underscoring his expertise in leading and growing marketplace businesses.

PropertyGuru Board of Directors include:

  • Janice Leow, Partner in the EQT Private Capital Asia advisory team and Head of EQT Private Capital Southeast Asia
  • Ed Williams, Founder and ex-CEO of UK’s leading property marketplace – Rightmove, Chairman of Trade Me in New Zealand, and ex-Chairman of Auto Trader

Speaking about his decision, Hari V. Krishnan, CEO PropertyGuru Group said, “After an incredible decade, I have decided that the time is right for me to pursue new interests and for the company to transition to new leadership. During my tenure, I’ve had the privilege of working with amazing teams to achieve some significant milestones and I am very proud that we have done so while building a culture that fosters inclusion and innovation – something I consider unique and our competitive differentiator.

I have known Lewis for over a decade and had the privilege of working closely with him for more than three years. I am confident he will bring a fresh perspective to our organisation while staying deeply aligned with our vision and values. I look forward to supporting him and the team through this transition and beyond.”

Lewis Ng said, “I am thrilled to return to PropertyGuru, a company that has always held a special place in my heart. During my previous time here, I experienced firsthand the incredible culture of collaboration, innovation, and customer-centricity that sets PropertyGuru apart. The company’s journey over the past decade under Hari’s leadership has been remarkable, and I am excited to build on this strong foundation as we look to the future. I am honored to lead PropertyGuru in its next chapter and work alongside our talented teams to continue driving growth and delivering value to our customers across Southeast Asia.”

Trevor Mather, Board Chairman, PropertyGuru Group, added, “PropertyGuru is a strong and innovative company that has firmly established itself as Southeast Asia’s leading PropTech platform, with an impressive track record of delivering value and driving growth. I am delighted to work alongside the talented leadership team and the Board to continue building on this momentum and exploring new opportunities for the Group. I would like to acknowledge Hari’s exceptional contributions over the past decade, which have laid a solid foundation for future success. With Lewis returning as CEO, bringing his deep expertise and passion for the business, I am confident PropertyGuru is poised to achieve even greater milestones in the years ahead.”


About PropertyGuru Group

PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 31 million property seekers2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand and Vietnam.

PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 17 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.

For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.

Media:                                            

PropertyGuru Group

Corporate Communications

[email protected]

1Based on SimilarWeb data between January 2024 and June 2024.
2Based on Google Analytics data between January 2024 and June 2024.
3Based on data between April 2024 and June 2024.
4Based on data between January 2024 and June 2024.

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