Ant Group is undergoing its largest restructuring since a regulatory revamp, which includes appointing Han Xinyi as the new president and setting up independent boards for its international, database, and digital operations. CEO and Chair Eric Jing announced that Cyril Han, also known as Han Xinyi, will lead as president, overseeing digital payment, digital interconnection, and digital finance businesses, reporting to Chairman and CEO Jing Xiandong. The restructuring aims at granting greater independence to subsidiaries including Ant International, OceanBase, and Ant Digital Technologies, following broader overhaul plans after its IPO was blocked. Alibaba Group Holding Ltd. ($BABA) backs Ant Group.
Alibaba's ex-CEO Daniel Zhang has joined a little-known Chinese investment fund in a surprise twist to his long career https://t.co/vwtveZIbBM
Alibaba's ex-CEO Daniel Zhang has joined a little-known Chinese investment fund in a surprise twist to his long career https://t.co/Q3wvd1ngTh
The former Chairman and CEO of @AlibabaGroup, is set to join Firstred Capital as a managing partner. #finance $BABA https://t.co/f3ndIsumth
⚠️ ALIBABA'S FORMER CEO DANIEL ZHANG TO JOIN FIRSTRED CAPITAL AS MANAGING PARTNER Full Story → https://t.co/ZHjF0WBpI2 Alibaba Group's former CEO Daniel Zhang will join Firstred Capital as managing partner, Firstred Capital said on Thursday, six months after he left the… https://t.co/NOd2UysL9x
Three Ant Group subsidiaries to go independent in Chinese fintech giant’s biggest restructure since blocked IPO - Technode https://t.co/nDwdpNsHVs
Three Ant Group subsidiaries to go independent in Chinese fintech giant’s biggest restructure since blocked IPO https://t.co/Cux2OWYwOF
Ant Group Co., the fintech giant backed by Alibaba Group Holding Ltd., is kicking off a restructuring that will grant greater independence to its international business Ant International, OceanBase and Ant Digital Technologies https://t.co/CYWJDOUAAG
Cyril Han will become the President of @AntGroup, fully responsible for digital payment, digital interconnection, and digital finance businesses, reporting to Chairman and CEO Jing Xiandong. $BABA https://t.co/ONi5Qju7Er
Ant to Set Up Board for International Unit in Broad Overhaul https://t.co/Rw3JSP45g8 via @YahooFinance
Ant Group pushes forward a restructuring of its business and plans to set up independent boards for its international, database and digital operations, following broader overhaul plans, according to a memo https://t.co/7MJMLhPNe8 via @business
Source: Ant CEO and Chair Eric Jing says Han Xinyi will become Ant Group president and some units plan to set up their own boards to operate more independently (@shanghaicasey / Reuters) https://t.co/9Lq7CnjL0y 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/gUd1Nkgrov
China's Ant Group appoints new president in biggest reshuffle since regulatory revamp https://t.co/NhffCov2MU https://t.co/i8jY0JPvDZ
Ant Group pushes forward a restructuring of its business and plans to set up independent boards for its international, database and digital operations, following broader overhaul plans, according to a memo seen by Bloomberg https://t.co/fU9LhQ8Ri2