Jack Chua, ERA CEO and Marcus Chu, ERA COO

Current ERA Singapore COO, Marcus Chu, will take on the CEO role with effect from 1 July. Source: ERA Singapore

ERA Realty Network (ERA Singapore), APAC Realty’s wholly-owned subsidiary, will promote its current Chief Operating Officer (COO) Marcus Chu to Chief Executive Officer (CEO) with effect from 1 July.

Chu will succeed current CEO Jack Chua, who will “continue to provide strategic leadership and have overall executive responsibility for the company’s business as Executive Chairman”, said ERA in a release on Monday (28 June).

It noted that the separation of the Chairman and CEO roles would enhance the corporate governance of APAC Realty.

“A visionary in his own right, Marcus is full of ideas on how to grow and strengthen the ERA brand, especially in a post-pandemic climate. Courageous yet humble, resilient yet flexible, Marcus will certainly lead ERA Singapore to greater heights,” said Chua.

ERA revealed that Chu—who has more than two decades of real estate experience—has been steadfast in driving operational efficiency across the organisation, innovating products, rejuvenating the sales team and enhancing service levels.

In his new role as CEO, Chu will helm the Singapore headquarters, overseeing the business operations and day-to-day management of ERA Singapore.

“As CEO, I will continue to further the great work of my predecessor, Mr Jack Chua. Standing on the shoulders of giants, I will set forth to realise my vision for ERA Singapore—to be Asia’s leading Real Estate Agency by providing evolutionary solutions and services to our clients,” said Chu.

“I will also seek to build a culture that attracts top-tier talents and one where every ERA trusted adviser can excel.”

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Cheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email: cheryl@propertyguru.com.sg