Lufax's CRO Resignation: What's Next?
Update: 2025-10-24
Description
Lufax's stock plunges after the sudden resignation of Chief Risk Officer Youn Jeong Lim. The board swiftly appointed Jianbo Cheng, a seasoned risk management expert from JD.com and Ant Financial, as the new CRO, effective next October. Will this move reassure investors and stabilize the Chinese financial giant listed on both the NYSE and HKSE?
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