The Ant Group headquarters in Hangzhou, China, Feb. 21, 2022. Photo: Bloomberg
The Ant Group headquarters in Hangzhou, China, Feb. 21, 2022. Photo: Bloomberg
Alibaba

Ant Group appoints HKEX chairman Laura Cha as independent director as restructuring to meet state concerns nears completion

  • The appointments of Cha and Yang Xiaolei have increased the number of independent directors to four, accounting for 50 per cent of the board
  • The reshuffle comes as a state-directed overhaul of Ant nears completion and after China signalled an easing of a months-long Big Tech crackdown

The Ant Group headquarters in Hangzhou, China, Feb. 21, 2022. Photo: Bloomberg
The Ant Group headquarters in Hangzhou, China, Feb. 21, 2022. Photo: Bloomberg
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