There's a new man at the helm of Ant Financial.
The financial services affiliate of Jack Ma's Alibaba empire has named CEO Eric Jing as its new executive chairman, replacing Lucy Peng, who takes over as CEO of Lazada, Southeast Asia's biggest e-commerce retailer, which is majority owned by Alibaba.
The moves reflect the challenge Alibaba faces in developing, managing and deploying its top talent as it grows internationally across multiple business lines.
“Ant Financial has done an incredible job of cultivating talent, Ma wrote in an email circular to staff on Monday. Just as each wave in the Yangtze River pushes the...
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