Juwai.com, one of China’s leading property portals, has appointed, Georg Chmiel, the former Managing Director and CEO of both iProperty Group and LJ Hooker, to its Board of Directors.
Mr Chmiel has nearly 17 years of experience directly in the online real estate and property industry and is the current CFO and Director International of iflix, the streaming entertainment service available to one billion consumers across 18 markets throughout Asia, the Middle East and North Africa. He is also Chairman of iCar Asia (ASX: ICQ).
Before iflix, Mr Chmiel was the Managing Director and CEO of iProperty Group, the largest operator of real estate advertising portals in Southeast Asia. He led iProperty’s expansion into a total of five Asian countries and its 2015 sale to the REA Group for AU$751 million. He earlier served as CEO and Managing Director of LJ Hooker Group, one of Asia Pacific’s largest real estate and mortgage broking networks.
As the CFO and General Manager of International for REA Group for nearly six years until October 2010, Mr Chmiel worked in tandem with the CEO to boost Australia’s largest real estate portal from a market capitalisation of $100M to $1.6B, making it one of the top 100 ASX companies by market capitalisation. During that period revenues increased by eight times and profits by ten times.
Juwai.com Board Chairman Richard Kuo commented on the appointment:
“Georg has a deep understanding of Juwai.com’s industry, the Asian consumer and international property markets. We are very excited to have him on the Board and look forward to working with him closely in the years to come.”
Mr Chmiel said: “I think Juwai.com has all the ingredients that you need for tremendous success in the online property space. It’s already well on its way with the most recent strategic alliances with both Tencent and Berkshire Hathaway HomeServices. I look forward to working with the Board and management team to help it fulfill the remaining elements of its vision.”