Jack Ma's Ant Financial names new CEO to oversee IPO in 2017
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Hong Kong
ANT Financial, the online financial services giant controlled by billionaire Jack Ma, has appointed a new chief executive to steer its next phase of growth and orchestrate an initial public offering (IPO) that is expected next year.
Mr Ma's choice to lead the Alibaba Group Holding Ltd affiliate is Eric Jing, a veteran of corporate finance with extensive experience working with multinational companies. He takes the helm from Lucy Peng, a mainstay on Forbes' lists of the world's most powerful women, who will retain the position of executive chair.
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
Loyang Valley sold for S$880 million to SingHaiyi-led consortium
