Alibaba appoints Toby Xu as new chief financial officer

Alibaba appoints Toby Xu as new chief financial officer

6/12/2021 4:27:00 AM

Alibaba appoints Toby Xu as new chief financial officer

Alibaba Group Holding Ltd said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described as part of the company's leadership succession plan.Xu joined Alibaba from PWC three years ago and was appointed deputy chief financial officer in July 2019, Alibaba sai

Alibaba Group Holding Ltd said Toby Xu, will succeed Maggie Wu as the company's chief financial officer from April, a move it described as part of the company's leadership succession plan.Xu joined Alibaba from PWC three years ago and was appointed deputy chief financial officer in July 2019, Alibaba said.

Wu, who helped lead three Alibaba-related company public listings as CFO, will continue to serve as an executive director on Alibaba's board, the company said."We are focused on the long-term, and succession within our management team on every occasion is always in the service of ensuring Alibaba will be stronger and better positioned for the future," Alibaba Chairman and CEO Daniel Zhang said in the statement.

(Reporting by Akriti Sharma in Bengaluru and Brenda Goh in Shanghai; Editing by Rashmi Aich and Edwina Gibbs)

Read more: CNA »

Greenridge Crescent boys’ deaths: 48-year-old father taken back to scene where bodies were found

SINGAPORE — Police officers on Thursday (Jan 27) took Xavier Yap Jung Houn to the scene where the bodies of his two sons were found. The 11-year-old brothers were found dead near a playground in Upper Bukit Timah last Friday. Read more >>

Felicia Chin And Jeffrey Xu Praised For Being “Incredibly Nice” After This Chance Encounter

Sport-Russia's anti-doping agency appoints new chief amid crisisMOSCOW : Russia on Saturday appointed Veronika Loginova, a sports and anti-doping official, to head its national anti-doping agency as Moscow tries to emerge from a years-long doping crisis.Russia has been rocked by doping scandals since 2015 and its athletes are set to compete without their flag and nati

Russia's anti-doping agency appoints new chief amid crisisMOSCOW: Russia on Saturday appointed Veronika Loginova, a sports and anti-doping official, to head its national anti-doping agency as Moscow tries to emerge from a years-long doping crisis. Russia has been rocked by doping scandals since 2015 and its athletes are set to compete without their flag and natio

Felicia Chin And Jeffrey Xu Praised For Being “Incredibly Nice” After This Chance Encounter

Commentary: Why COP26 was a watershed moment for business, banks and the financial sectorMany may be quick to brush off the Glasgow climate conference as a failure, but the NatWest Group chairman argues that progress has been made in sustainable business and finance.

3 key areas Raeesah Khan's testimony differs from Workers' Party chief Pritam Singh's accountHere are three key areas where differences arose between what Ms Khan and the other WP members told the committee and what Mr Singh said during a press...