Estate agent OnTheMarket has announced the appointment of Rupert Sebag-Montefiore to its board of directors as its independent non- executive director with immediate effect.
Rupert Sebag-Montefiore will also serve as a chairman of the Remuneration Committee.
Sebag-Montefiore has “extensive board experience” at both listed and private companies. He is currently a non-executive director at Clarion Housing Association and development company Pigeon Land Limited.
Prior to this he was on the Savills main board, followed by the group executive board, for 21 years. His roles included CEO of Savills’ principal UK subsidiary for 12 years and head of global residential.
Sebag-Montefiore said: “It is with great pleasure that I join the board of OnTheMarket at such an exciting and important phase in its development. I have watched the business grow from a concept to a serious market player in the UK portals sector.
“I look forward to supporting an entrepreneurial and seasoned leadership team in achieving its growth objectives in the interests of shareholders, customers and property-seekers alike.”
Non-executive chairman Chris Bell added: “I am delighted that Rupert has agreed to join the Board of OnTheMarket. Rupert has extensive executive and non-executive experience in and beyond the UK property sector.
“In addition to his illustrious career at Savills, he was chairman of the PrimeLocation portal business and he has considerable board committee expertise. He brings a deep understanding of the property market in general and an invaluable insight into the perspective of estate agents and housebuilders in particular. We greatly look forward to working with him as we continue to build the UK’s agent-backed property portal.”