E-commerce giant Alibaba Group Holding Ltd and its fintech affiliate Ant Financial announced a string of top level executive changes on Thursday, amid an ongoing restructuring following the appointment of Daniel Zhang as chairman of Alibaba. Most notably, Ant Financial has appointed Simon Hu as its new CEO, replacing Eric Jing, the unit said in a statement. Jing will remain executive chairman of Ant Financial, a position he had held concurrently with the CEO title. …read more
Source:: Yahoo Finance