Lufax Announces New Senior Management Hire

Written by Emily J. Thompson, Senior Investment Analyst

LU-0.74%

Source: PRnewswire

Updated: Oct 31 2025

0mins

Source: PRnewswire

New Executive Appointments: Lufax Holding Ltd has appointed Mr. Xiang Ji as Co-Chief Executive Officer and Mr. Tao Wu as Executive Deputy General Manager and Chief Marketing Officer, effective immediately.
Background of Mr. Xiang Ji: Mr. Ji brings nearly 20 years of experience in retail credit, risk management, and investment management, previously serving as Global Managing Partner at McKinsey & Company.
Background of Mr. Tao Wu: Mr. Wu has over 30 years of experience in financial insurance and internet industries, having held various leadership roles at Autohome and Ping An Property & Casualty Insurance Company.
Company Overview: Lufax is a prominent financial services provider for small business owners in China, offering tailored financing products and maintaining partnerships with 85 financial institutions.

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About LU

LUFAX HOLDING LTD is a holding company mainly engaged in providing financial services for small and micro enterprises. The Company's core retail credit enablement business includes bank-funded loans, trust-funded loans and consumer finance loans. The Company is also engaged in wealth management and providing access to financial products and services. The Company conducts the business through its subsidiaries.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.