Shadine Taufik · · 1 min readAlibaba replaces CTO, appoints group CEO as cloud unit head
In a management reshuffle, Alibaba Group Holdings has appointed Wu Zeming as CTO, replacing Cheng Li, South China Morning Post reported.
Wu, who was made partner at Alibaba in 2017, will retain his other role at the firm as CTO of local services. Cheng will continue as an advisor in technology.
Daniel Zhang Yong, Alibaba’s chairman and CEO, has also been appointed president of Alibaba Cloud Intelligence, as well as the firm’s enterprise communications firm, DingTalk.
Meanwhile, Jeff Zhang Jianfeng has stepped down as cloud business chief, but will continue to lead science and tech research unit Damo Academy, IoT capability, as well as Alibaba’s chip development division, T-Head.
Recently, Alibaba Group co-founder and vice chairman Joseph Tsai was reported to be in talks to offload a portion of his stake – worth US$260 million – in the company.
See also: Alibaba’s financial health in 5 charts
Editing by Miguel Cordon and Arpit Nayak
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