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X Financial Announces New President Appointment


X Financial Announces New President Appointment
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SHENZHEN, China, May 24, 2021 /PRNewswire/ X Financial (NYSE: XYF) (the Company or we ), a leading technology-driven personal finance company in China, today announced that Mr. Shaoyong (Simon) Cheng has been appointed as the Vice Chairman of the Board of Directors and has resigned as President of the Company with effect from May 24, 2021 and that Mr. Kan (Kent) Li has been appointed as President of the Company with effect from May 24, 2021.
Mr. Shaoyong (Simon) Cheng joined us in 2015 and has served as our Director since December 2017. Mr. Cheng served as our President starting from October 2017. Prior to serving as our President, Mr. Cheng served as our Chief Risk Officer from 2015 to 2017. Prior to that, Mr. Cheng served as deputy General Manager in charge of retail lending management at Bank of Communications, senior credit risk manager at HSBC N ....

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