HONG KONG -- Chinese financial technology company Ant Group, which is overhauling its business amid a regulatory crackdown, said Friday its CEO Simon Hu has resigned, citing personal reasons.
Resignation comes amid regulatory crackdown by Chinese authorities
Simon Hu, then-CEO of Ant Group, delivers a speech at a financial technology conference in Shanghai in September 2020. © Reuters
HONG KONG -- Chinese financial technology company Ant Group, which is overhauling its business amid a regulatory crackdown, said Friday its CEO Simon Hu has resigned, citing personal reasons.