Ant Group said in an internal email on November 13 that Chen Liang will step down this month as CMO and president of the Public and Customer Communications Department for personal reasons, and become a senior adviser.

Chen, a senior vice president, joined Alipay in March 2008 and later oversaw branding and public communications as the company evolved from Alipay into Ant Group.

Ant’s public leadership page lists Chen as senior vice president and CMO, showing the role is part of the company’s top management.

Ant previously reached a restructuring deal with Chinese regulators in 2021 and won approval that year to operate a consumer finance company.

🔗 Source: Jiemian

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