Former Cainiao CFO Liu Zheng Joins Ant Group as New CFO
Ant Group has appointed Liu Zheng, the former Chief Financial Officer of Cainiao Group, as its new CFO, effective immediately. The appointment was announced by Ant Group CEO and President Han Xinyi in an internal email. In his new role, Liu will oversee the company’s financial management and report directly to Han. Liu brings extensive experience from within the Alibaba ecosystem, having joined Alibaba Group in 2010. He previously managed finance operations for key business units such as Alibaba International, Taobao, and Cainiao Logistics. From February 2016 to January 2025, he served as the executive director and CFO of Cainiao Group. This leadership change occurs as Han Xinyi transitions from holding the dual roles of president and CFO; Han had served as Ant Group’s CFO since April 2020 before being promoted to president in March 2024. The move underscores Ant Group's ongoing efforts to streamline its executive structure. Additionally, recent financial reports indicate that Alibaba received significant dividends from Ant Group, highlighting the continued financial interplay between the two entities amidst broader corporate restructuring efforts within the tech sector.
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Former Cainiao CFO Liu Zheng Joins Ant Group as New CFO
Ant Group has appointed Liu Zheng, the former Chief Financial Officer of Cainiao Group, as its new CFO, effective immediately. The appointment was announced by Ant Group CEO and President Han Xinyi in an internal email. In his new role, Liu will oversee the company’s financial management and report directly to Han. Liu brings extensive experience from within the Alibaba ecosystem, having joined Alibaba Group in 2010. He previously managed finance operations for key business units such as Alibaba International, Taobao, and Cainiao Logistics. From February 2016 to January 2025, he served as the executive director and CFO of Cainiao Group. This leadership change occurs as Han Xinyi transitions from holding the dual roles of president and CFO; Han had served as Ant Group’s CFO since April 2020 before being promoted to president in March 2024. The move underscores Ant Group's ongoing efforts to streamline its executive structure. Additionally, recent financial reports indicate that Alibaba received significant dividends from Ant Group, highlighting the continued financial interplay between the two entities amidst broader corporate restructuring efforts within the tech sector.
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