Ant Group completed a leadership transition at the top of its executive structure on 1 March 2025, with Han Xinyi — widely known by his English name Cyril Han — formally taking over as Chief Executive Officer. Han had served as President of Ant Group since March 2024 and as chief financial officer since 2020.
Eric Jing, who had previously held both the Executive Chairman and CEO responsibilities, retains his position as Executive Chairman following the transition.
HAN'S BACKGROUND AND APPOINTMENT PATH
Han Xinyi's ascent to the chief executive position follows a year as Ant Group's President, overseeing its payments, digital connectivity and digital finance businesses, a role he combined with that of chief financial officer, which he had held since April 2020.
Ant Group operates the Alipay mobile payments platform, alongside a range of digital lending, insurance, and wealth management products. The company's business was restructured following regulatory interventions that began in late 2020.
Ant Group announced the leadership change in December 2024, with Han's formal assumption of the CEO title effective from 1 March 2025.
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