Tony Koe, CEO of SRI, will step down on June 30

Tony Koe, CEO of property agency SRI is set to step off his post beginning June 30. In a announcement, the agency states that Koe will step down in order to “pursue private interests”.

Koe was named the CEO of SRI in the year 2016. “I would like to extend my sincere appreciation to all our colleagues, developers, clients and partners for their unwavering support throughout my seven years at SRI,” he states in the press announcement. “Winning each of the Enterprise 50 and Singapore’s Fastest Growing Companies Awards for two consecutive years in 2022 and 2023 over my time with SRI was an incredible achievement that could only be achieved by your trust and assistance.”

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Following his departure Bruce Lye, SRI’s managing partner and co-founder of the company, will take over as interim the CEO. The agency says that the process of selecting for its next chief is underway, and the outcome will be announced later.

“SRI wants to express our gratitude to Tony who has made a selfless service to the business during the last seven years,”” Lye says. Lye. “As the pillars of our company, Benson Koh, Ken Low, Tricia Teo, Low Choon Sin, Mok Sze Sze and I have been working together alongside Tony as well as the team of management to grow SRI from a slim but formidable company to a greater than 1,200 salesperson-strong agency.”

Lye states that the management team will continue to lead the business while making sure that the transition to the leadership team is smooth.