This is in 'The Australian' 'Margin Call' on Wednesday 30 August...

This is in 'The Australian' 'Margin Call' on Wednesday 30 August 2023:

(an extract)

Bye bye Bawa

So much fanfare out of Property Exchange Australia and its vaunted expansion into Britain...its UK chief executive, James Bawa, has quietly walked out in a most muted exit...

...Bawa was hired in 2021 to push the e-conveyancing company into the UK market, resulting in a massive plunge on a local HQ, staff hiring, and the purchase of remortgage processing firm Optima Legal last year...

...nary a word on Bawa, the missing CEO...

Maybe it’s incidental, but on Friday PEXA released its financial results to the market, noting a 6 per cent cut to revenue and a $21.8m profit loss. No mention, again, of Bawa’s departure in the annual report or in the company’s presentation – until a shrewd analyst put the question to King and CFO Scott Butterworth.

Until that point, the only hint that Bawa had left the business were the adjustments to the company website, which now list Krystle Kocik and Simon Wright as PEXA’s acting UK chiefs....

..."An external search is under way to fill the role of the new UK country head..."