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Lufax Holding Ltd Class A ( (HK:6623) ) has provided an announcement.
Lufax Holding Ltd announced a significant management reshuffle, with Chief Executive Officer and executive director Mr. Cho set to leave the company when his employment contract expires on March 31, 2026, citing family and personal reasons. Non-executive directors Mr. Xie and Ms. Fu have also resigned due to changes in work arrangements, and all three departing directors stated they have no disagreements with the board.
To support continuity and leadership transition, Lufax has appointed Ping An Group executive Ms. Fangfang Cai and Mr. Li as non-executive directors effective February 18, 2026. Co-Chief Executive Officer Mr. Ji, who has served in that role since October 2025, will step up as executive director and Chief Executive Officer from April 1, 2026, signaling a planned and orderly succession aligned with the company’s strategic oversight by its major shareholder Ping An.
More about Lufax Holding Ltd Class A
Lufax Holding Ltd is a China-based online wealth management and retail credit platform backed by Ping An Group, operating in the broader financial services and fintech industry. Listed in both Hong Kong and New York, the company focuses on providing financing and investment solutions to retail and small business customers in the Chinese market.
Technical Sentiment Signal: Buy
Current Market Cap: HK$18.27B
Find detailed analytics on 6623 stock on TipRanks’ Stock Analysis page.