Lufax Names Xiang Ji CEO, Adds Two Directors, Files 2024 20-F
Chief Executive Officer Yong Suk Cho will resign on March 31, 2026, and Co-CEO Xiang Ji will assume CEO and board roles effective April 1, 2026, alongside new non-executive directors Fangfang Cai and Peifeng Li appointed February 18, 2026. The company filed its 2024 Form 20-F on February 17, 2026, within its NYSE extension, offering audited financial statements free to shareholders.
1. Leadership Transition Details
Chief Executive Officer Yong Suk Cho will step down on March 31, 2026, for personal reasons, with Co-CEO Xiang Ji succeeding him as CEO and executive director on April 1, 2026. Non-executive directors Yonglin Xie and Xin Fu resigned February 17, 2026, and seasoned Ping An executives Fangfang Cai and Peifeng Li joined the board on February 18, 2026, to strengthen oversight.
2. Annual Report Filing
Lufax filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, on February 17, 2026, within the NYSE-granted extension. The report, which includes audited consolidated financial statements, is available on the company’s investor relations website and can be provided in hard copy, free of charge, upon request.