December 19, 2019 / 5:45 AM / a month ago

REFILE-Ant Financial appoints Simon Hu as new CEO, replacing Eric Jing

(Corrects Alibaba RIC)

SHANGHAI, Dec 19 (Reuters) - Ant Financial, the financial services arm of e-commerce giant Alibaba Group Holding Ltd , has appointed Simon Hu as its new CEO, replacing Eric Jing, the unit said on Thursday in a statement.

Jing will remain executive chairman of Ant Financial, a position he held concurrently with the CEO title.

Hu will report to Jing, Ant Financial said. (Reporting by Josh Horwitz; Editing by Tom Hogue)

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