PropNex Limited announced Mr. Kelvin Fong, currently serving as Executive Director and Deputy CEO, will be appointed as CEO with effect from 15 July 2025. He will succeed Mr. Mohamed Ismail S/O Abdul Gafoore ("Mr Ismail Gafoor"), who will relinquish his CEO role. The Nominating Committee and the Board of Directors ("Board") after evaluating Mr. Kelvin Fong's credentials, industry experience, leadership capabilities, and contributions to the Group, have approved the leadership transition.
Following the change, Mr. Ismail Gafoor will continue to serve as Executive Chairman. Role And Responsibilities: Executive. Mr. Kelvin Fong is responsible for overseeing the day-to-day operations and the execution of the Company's growth strategies, while continuing to administer the development of the Group's information technology strategies and technology innovations to improve its competitive edge in the real estate industry.
He also oversees the Group's training and development curriculum and spearheads the sales and leadership training programmes. Working Experience: Mr. Kelvin Fong joined the Group in 2003 and has over 20 years of real estate experience. He has been an Executive Director of the Company since June 2018 and was appointed as the Deputy CEO in August 2023.
Prior to joining the management team, Mr. Kelvin Fong was one of the Group's top team leaders and his team of salespersons had a strong track record for outstanding sales performance and excellent customer service. Familial RelationShip: Yes. Mr. Kelvin Fong is the Executive Director, CEO and substantial shareholder of the Company.
He is also holding directorships in some of the subsidiaries of the Company. Other Directorships Present: Directorships: - KJ MGT Pte. Ltd. - YKC Group Pte.
Ltd. - ISolution Investment Pte. Ltd. - Champ Invest Pte. Ltd. - TREK01 Pte.
Ltd. - PropNex Foundation Limited - OVVY Pte. Ltd. Other Principal Commitment: Nil. Director Experience Details: Mr. Kelvin Fong is an Executive Director of the Company.
Professional Qualifications: - Bachelor of Business Administration from La Trobe University, Australia - Diploma in Electronics Engineering from Singapore Polytechnic.
