PropertyGuru names Singapore managing director

He will be reporting directly to the CEO.

PropertyGuru Group has appointed Lu Yao as Singapore managing director, effective 15 September.

Before PropertyGuru, he was the Group Head of Marketplace and Bangladesh Chief Commercial Officer at Daraz Group (Alibaba International Digital Commerce), responsible for shaping the company's commercial strategy in the South Asia region while driving the growth transformation for Bangladesh.

Previously, Yao led the growth mandate for Shopee Singapore’s FMCG Cluster and Mall, building its retail and last-mile delivery businesses from scratch. Earlier in his career, he advised on strategy and organisational transformation as a management consultant at McKinsey & Company in China and led patented product innovation in research and development at Dow Chemicals in the United States.

Yao will be a part of the Group’s Executive Leadership Team (XLT) and will report to the Chief Executive Officer, Lewis Ng.