Ant Group names Alibaba veteran as new CFO

Ant Group has appointed Liu Zheng as its new chief financial officer, effective immediately, according to a company spokesperson.

Liu succeeds Cyril Han, who will assume the role of CEO on March 1.

Before this appointment, Liu Zheng served as the CFO of Cainiao, the logistics arm of Alibaba.

Recent Ant Group developments

Timeline
11-Jan-2025 🩺 Ant Group to connect 280k doctors on Haodf healthcare platform 280k doctors to join Alipay’s 800M users New AI assistant for efficient patient management
24-Dec-2024 🔄 Ant Group restructures with new business groups Ant Group implements major restructuring plans New CEO Han Xinyi starts on March 1, 2025
20-Dec-2024 🚫 Ant Group denies IPO rumors Ant Group denies IPO revival speculation No immediate plans to go public confirmed
08-Dec-2024 👔 Ant Group’s CFO Cyril Han to become CEO Cyril Han to become CEO on March 1, 2025 Current CFO to oversee all business segments
16-Nov-2024 💹 Ant Group sees profit surge 193% in Q2 Ant Group posts $1B quarterly profit, up from loss Plans international expansion with new tech platform
20-Sep-2024 💰 Ant Group raises $6.5b refinancing for HK, SG units

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