Singapore-listed APAC Realty, which holds the ERA Asia Pacific regional master franchise, has announced that Jack Chua has stepped up as executive chairman of its board of directors. He will be the executive chairman of APAC while retaining his position of CEO at ERA Realty Network.
Chua takes over from Stewart Yen Se-Hua, who relinquished his positions as non-executive chairman and independent director to pursue personal interests, the company says. Yen has served on APAC Realty’s board since its listing in September 2017.
The company has also appointed two new independent directors. Eugene Wong Hin Sun has been appointed as independent non-executive director, chairman of the nominating committee, and a member of the audit committee. Desmond Tan Kok Ming joins as an independent non-executive director and a member of the remuneration committee.
“Eugene and Desmond will add many years of knowledge and experience, and their insights and guidance will be instrumental in helping APAC Realty execute its strategic regional growth plans,” says Chua.