Ant Financial, the online finance giant that operates Alipay, said Alibaba veteran Simon Hu would become CEO
SHANGHAI (Bloomberg): Alibaba Group Holdings Ltd and finance affiliate Ant Financial unveiled a series of management changes, including a new chief executive officer for Ant, as they seek to boost expansion oversees and tighten coordination between the two operations.
Ant Financial, the online finance giant that operates Alipay, said veteran Simon Hu would become CEO. He will take over the role from Eric Jing, who will remain executive chairman.
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