Ant Group CEO Simon Hu resigns, Eric Jing to replace him SECTIONS Ant Group CEO Simon Hu resigns, Eric Jing to replace himBy Yingzhi Yang & Cheng Leng, Reuters Last Updated: Mar 12, 2021, 07:28 PM IST Share Synopsis Simon Hu’s resignation as Ant Group CEO comes at a time when the fintech giant is being pushed by regulators to revamp operations after its failed $37 billion IPO. Reuters Simon Hu, chief executive officer of Ant Group. China's Ant Group Chief Executive Officer Simon Hu has stepped down from his role, the company said on Friday, as the fintech giant is being pushed by regulators to revamp operations after its failed $37 billion initial public offering (IPO).