JD Finance lures top banker for global push

Ambitious Chinese fintech firm follows up successful funding round by hiring Mizuho Securities' Asia MD and chief economist.

Shen Jianguang, Mizuho Securities Asia’s managing director and chief economist, is joining JD Finance as vice president and chief economist, JD Finance said in a statement on Thursday.

The heavyweight fintech player the fintech affiliate of China’s second largest e-commerce company, JD.com  closed a Rmb13 billion $1.95 billion funding from multiple cash-rich domestic investors on July 12. The funding round values JD Finance at Rmb133 billion.

Shen joined Mizuho in 2010 having previously held roles at leading international institutions the European Central Bank and the International Monetary Fund, as well as China's first joint-venture investment bank, China International Capital Corporation.

“As...

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