Qifu Technology Says Hongyi Zhou Has Resigned As Director And Chairman Of Board For Personal Reasons; Fan Zhao Named As The Chairman
Portfolio Pulse from Benzinga Newsdesk
Qifu Technology announced that Hongyi Zhou has resigned as Director and Chairman of the Board for personal reasons. Fan Zhao has been named as the new Chairman, and Xiangge Liu has been appointed as an independent director, effective August 13, 2024.

August 13, 2024 | 10:05 pm
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Hongyi Zhou has resigned as Director and Chairman of Qifu Technology for personal reasons. Fan Zhao has been appointed as the new Chairman, and Xiangge Liu as an independent director, effective August 13, 2024.
The resignation of a Chairman can lead to uncertainty, but the immediate appointment of Fan Zhao and Xiangge Liu may stabilize investor sentiment. The impact on stock price is likely neutral in the short term.
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