Leadership & Pay ·
Lufax Holding Ltd announced several management and board changes effective July 25, 2026, including the resignation of…
LULufax Holding Ltd
Lufax Holding Ltd announced several management and board changes effective July 25, 2026, including the resignation of CFO Tongzhuan Xi and non-executive directors Fangfang Cai, Shibang Guo, and Peifeng Li. The company is searching for a new CFO, and CEO Xiang Ji will serve as the Authorised Representative. Wai Kin Chim was appointed as an independent non-executive director. Operational highlights for Q2 2026 showed a total outstanding loan balance of RMB 167.3 billion, a 13.5% decrease year-over-year, while consumer finance loans grew 19.9% to RMB 65.4 billion. Lufax is a financial services enabler for small business owners in China.