Cyril Han becomes CEO of Ant Group, succeeding Eric Jing, after a major restructuring and fine.

Cyril Han, the current president and financial chief of Ant Group, will take over as CEO on March 1, succeeding Eric Jing, who will remain as chairman. This leadership change follows a major restructuring and a $984 million fine for corporate governance issues. Ant Group, which operates the Alipay payment app and is part of Alibaba Group, has been a significant player in China's financial technology sector.

December 08, 2024
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