Lufax Holding Appoints Xiang Ji as Co-CEO, Effective October 31, 2025

Lufax Holding Ltd has announced the appointment of Xiang Ji as co-chief executive officer, effective from October 31, 2025. This move aims to strengthen the company's leadership and strategic direction, particularly in light of recent regulatory challenges in the fintech industry. The appointment of Ji, a seasoned executive with experience in the financial sector, is expected to help the company navigate the complex regulatory environment and focus on its long-term growth strategy.