Ant Group Announced Organizational Restructuring
On December 23, the current President of Ant Group, Han Xinyi, sent out a company-wide letter announcing a new round of organizational changes within Ant Group.
Previously, it was officially confirmed that Han Xinyi would take on the role of CEO of Ant Group starting from March 1, 2025. This reorganization marks the first significant move made by Han Xinyi since the announcement of his upcoming CEO position.
In the announced restructuring plan, Ant Group has set up two major business groups: the Digital Payment Group and the Alipay Business Group, continuing to implement Alipay’s two major business segments, namely digital payments and digital connectivity, and AIFirst strategies. These groups will operate under a rotating presidency system, with each president serving for six months. The first rotating presidents, appointed until June 30, 2025, are Qin Yi for the Digital Payment Business Group and Pu Tian for the Alipay Business Group.
In the letter, Han also shared Ant Group’s future focus: “We will further explore industry services and the ‘life steward’ strategy in the AI era, focusing on innovative approaches in healthcare, Sesame Credit, circular economy, and support for small businesses. More details will be shared once decisions are finalized.”
