Qfin appoints its risk chief as chief executive
Qfin Holdings ($QFIN) appointed Yan Zheng as chief executive and a director, promoting its existing vice president and chief risk officer. The succession puts an executive with extensive credit-risk experience in charge of the company’s financial-technology platform and its relationships with financial-institution partners. Outgoing chief executive Haisheng Wu is leaving the CEO role, board and compensation committee but will remain with the company to focus on international expansion. The chang
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