- Wangchun Ye departed as the CEO of OneConnect Financial Technology Co Ltd OCFT for personal reasons. Ye will continue to serve as the chairman of the board and director.
- Chongfeng Shen will succeed Ye as the CEO, effective immediately. OneConnect also elected Shen as a director.
- Before joining the company, Shen worked at Kingdee Software (China) Co., Ltd, or Kingdee China.
- Rui Li resigned as a director for personal reasons.
- Ye’s and Li’s resignations were not a result of any company dispute.
- Price Action: OCFT shares traded lower by 0.28% at $3.86 on the last check Friday.
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