Qfin Holdings says Haisheng Wu will step down as CEO to focus on international expansion, and Yan Zheng, the company's long-time executive and former CRO, will be appointed as the new CEO and director effective September 21, 2026. Zheng brings 18 years of consumer finance risk management experience and is expected to provide continuity in governance while steering the company’s overseas growth.

Business· Sep 20, 2026

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China Merchants Bank

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China Merchants Bank· Business · 8 sources · Sep 20, 2026Story

Qfin Holdings Names Risk Officer Yan Zheng as New CEO

Business· Sep 20, 2026

Facts from Wikidata (CC0). Image by Charlie fong via Wikimedia Commons (CC BY-SA 4.0).

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About China Merchants Bank

China Merchants Bank (CMB) is a Chinese bank headquartered in Futian District, Shenzhen, Guangdong, China. Founded in 1987, it is the first share-holding commercial bank wholly owned by corporate legal entities in China. CMB listed on the Shanghai Stock Exchange in 2002 and the Hong Kong Stock Exchange in 2006.

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Country: People's Republic of China
Headquarters: Shenzhen
Inception: April 8, 1987
Website: https://www.cmbchina.com

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