On December 8th, Red Star Capital Bureau learned from Ant Group that Ant Group Chairman and CEO Jing Xiandong announced through a full staff letter that Han Xinyi will officially take over as CEO of Ant Group from March 1, 2025, with full responsibility for Ant's various businesses and daily management work, as decided by the board of directors. The letter from all staff stated that Jing Xiandong will focus on the work of the chairman in the future and fully support Han Xinyi and the management team.
According to the official website of Ant Group, Han Xinyi has served as the Chief Financial Officer of Ant Group since April 2020, Executive Director of Ant Group since January 2023, and currently serves as the President of Ant Group.
According to his resume, Han Xinyi obtained a Bachelor's degree in Economics and a Master's degree in Economics from Tsinghua University. From July 2001 to September 2011, worked in the Investment Banking Department of China International Capital Corporation Limited. Joined Alibaba Group (09988.HK) in September 2011 as Senior Director of Corporate Finance Department. Joined Ant Group in May 2014 and served as Senior Director and Vice President.
December 8 is the 20th anniversary of Alipay. Jing Xiandong stated in an open letter that in 2016, I took over the CEO baton from Peng Lei. Today, I hand over the CEO baton to Han Xinyi, paying tribute to Ant's 20th birthday with the inheritance of dreams and responsibilities.