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Ant Group CEO Simon Hu Resigns
BEIJING (dpa-AFX) - Ant Group chief executive officer Simon Hu has resigned. Its Chairman Eric Jing would take over as CEO, effective immediately, according to several reports.
A spokesperson for Ant Group reportedly said, The Ant Group Board of Directors has accepted Mr. Simon Hu s resignation request, due to personal reasons.
Ant Group, formerly known as Ant Financial and Alipay, is an affiliate company of Billionaire Jack Ma s Alibaba Group.
Simon Hu became Ant Group CEO in December 2019 after a year working as the group s president. Before that, he spent four years as the CEO of Alibaba Cloud Computing.