People on the Move: Eric Jing, Ant Financial
Ant Financial Services Group, the online and mobile financial services affiliate of Chinese e-commerce giant Alibaba Group, has appointed current president Eric Jing as its new Chief Executive Officer, effective Oct. 16. Ant Financial, which operates the Alipay online and mobile payments platform, said its current CEO and executive chair Lucy Peng will remain executive chair. According to the company, Peng will focus on guiding corporate strategy, overseeing talent development and nurturing the company’s corporate culture, while new CEO Jing takes over responsibility for day-to-day management and leadership of Ant Financial.
