More changes at IPGA Ltd., the company that owns a handful of real estate Web sites in Asia. Simon Baker, formerly CEO and managing director of parent REA Group, is the new chairman, replacing Patrick Grove.

            Baker was fired from REA Group in August 2008 after leading the company for seven years and increasing revenue from $4 million annually to $155 million annually. He now heads Classified Ad Ventures, which invests in and consults with interactive classified sites worldwide.

            While he was with REA, the company grew to operate 22 sites in 10 countries; it has since pulled back and operates in seven countries with 13 sites.

            Just a few days back, IPGA announced that Shaun Di Gregorio, formerly with REA Group, would take over as CEO. Di Gregorio is now set up in Kuala Lumpur, and says IPGA is going to consolidate for a while in its core markets of Malaysia, Singapore and Hong Kong. Given Baker’s track record of acquisition, and his globe-trotting ways, we’re not convinced. (We spoke to Di Gregorio the other day and will post  much more soon about IPGA and his new role there.)

            IPGA announced several more changes in its board; details here.

            IPGA’s existing sites include in Malaysia, Singapore, India and the Philippines; and in Hong Kong, and

            — Ralph Grayden