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Coolest Start-ups 2019

Coolest Start-ups 2019

"The Ant Group Board of Directors has accepted Mr. Simon Hu's resignation request, due to personal reasons," the company said.

Ant Group CEO Simon Hu resigns due to personal reasons

Mar 12, 2021

Hu's exit comes at a time when Ant Group is working on plans to shift to a financial holding company structure following regulatory pressure to subject it to rules and capital requirements similar to those for banks.