Alibaba's Ant Financial Shuffles Management, Names New CEO

Beijing: Ant Financial Services Group, the online and mobile financial services affiliate of Chinese e-commerce giant Alibaba Group Holding Ltd, on Saturday shuffled top leadership positions, announcing the appointment of current president Eric Jing as its new chief executive officer. Ant Financial, which runs Alipay, a payment platform, said in a press release on Saturday its current CEO and executive chairman Lucy Peng will remain...