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Lufax Announces Change in Chief Risk Officer

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Lufax (NYSE: LU) announced a change in its risk leadership effective October 24, 2025. Ms. Youn Jeong Lim resigned as Chief Risk Officer due to personal work arrangements and the resignation took effect immediately.

The Board appointed Jianbo Cheng as Chief Risk Officer effective the same date. Mr. Cheng joined Lufax in April 2025 as Chief Risk Expert and previously served as General Manager of Pudao Credit (Aug 2021–Mar 2025) and held senior risk roles at Jingdong Digits/ JD.com (Aug 2014–Jul 2021). His earlier career includes roles at Ping An Bank, HUA XIA Bank, FICO, and Ant Financial. Mr. Cheng holds a Bachelor in Finance (June 2004) from Hubei University and an MBA (June 2024) from Tsinghua University.

Lufax (NYSE: LU) ha annunciato un cambio nella leadership del rischio con effetto 24 ottobre 2025. La signora Youn Jeong Lim si è dimessa dall'incarico di Chief Risk Officer per motivi legati all'organizzazione del lavoro e le dimissioni hanno effetto immediato.

Il Consiglio ha nominato Jianbo Cheng come Chief Risk Officer con effetto dalla stessa data. Il signor Cheng è entrato a far parte di Lufax nell'aprile 2025 come Chief Risk Expert e in precedenza è stato General Manager di Pudao Credit (ago 2021–mar 2025) e ha ricoperto ruoli senior nel rischio presso Jingdong Digits/JD.com (ago 2014–lug 2021). La sua carriera include ruoli presso Ping An Bank, HUA XIA Bank, FICO e Ant Financial. Il signor Cheng possiede una Laurea triennale in Finanza (giugno 2004) presso l'Università di Hubei e un MBA (giugno 2024) dall'Università Tsinghua.

Lufax (NYSE: LU) anunció un cambio en su liderazgo de riesgo con efecto a partir del 24 de octubre de 2025. La señora Youn Jeong Lim presentó su renuncia como Chief Risk Officer debido a motivos de organización personal del trabajo y la renuncia tuvo efecto inmediato.

La Junta designó a Jianbo Cheng como Chief Risk Officer con efecto a partir de la misma fecha. El señor Cheng se incorporó a Lufax en abril de 2025 como Chief Risk Expert y previamente se desempeñó como Gerente General de Pudao Credit (ago 2021–mar 2025) y ocupó puestos de alto nivel en riesgo en Jingdong Digits/JD.com (ago 2014–jul 2021). Su carrera anterior incluye roles en Ping An Bank, HUA XIA Bank, FICO y Ant Financial. El señor Cheng posee una Licenciatura en Finanzas (junio de 2004) de la Universidad de Hubei y un MBA (junio de 2024) de la Universidad de Tsinghua.

Lufax (NYSE: LU)는 위험 관리 리더십의 변화를 2025년 10월 24일자로 시행될 것이라고 발표했습니다. Youn Jeong Lim 님은 개인 업무 일정상의 이유로 Chief Risk Officer에서 사임했으며, 사임은 즉시 효력을 발휘했습니다.

이사회는 같은 날짜에 효력을 가지는 Jianbo Cheng를 Chief Risk Officer로 임명했습니다. Cheng 님은 2025년 4월 Chief Risk Expert로 Lufax에 합류했고, 이전에는 Pudao Credit의 일반 이사로 재직했으며(2021년 8월–2025년 3월) Jingdong Digits/JD.com에서 위험 관리 분야의 고위 직책을 역임했습니다(2014년 8월–2021년 7월). 그의 경력에는 Ping An Bank, HUA XIA Bank, FICO, Ant Financial의 역할이 포함됩니다. Cheng 님은 후베이 대학에서 금융학 학사(2004년 6월), 칭화대학교에서 MBA(2024년 6월)를 취득했습니다.

Lufax (NYSE: LU) a annoncé un changement dans la leadership du risque opérationnel à compter du 24 octobre 2025. Mme Youn Jeong Lim a démissionné de son poste de Chief Risk Officer pour des raisons d'organisation personnelle du travail, et la démission est effective immédiatement.

Le Conseil a nommé Jianbo Cheng Chief Risk Officer à compter de la même date. M. Cheng a rejoint Lufax en avril 2025 en tant que Chief Risk Expert et a précédemment été Directeur Général de Pudao Credit (août 2021–mars 2025) et a occupé des postes seniors dans la gestion des risques chez Jingdong Digits/JD.com (août 2014–juillet 2021). Sa carrière antérieure comprend des postes chez Ping An Bank, HUA XIA Bank, FICO et Ant Financial. M. Cheng est titulaire d'une licence en finance (juin 2004) de l'Université de Hubei et d'un MBA (juin 2024) de l'Université Tsinghua.

Lufax (NYSE: LU) gab eine Änderung in der Risikoleitung bekannt, gültig ab dem 24. Oktober 2025. Frau Youn Jeong Lim trat als Chief Risk Officer aus persönlichen beruflichen Gründen zurück, und der Rücktritt trat sofort in Kraft.

Der Vorstand ernannte Jianbo Cheng zum Chief Risk Officer, mit Wirkung vom gleichen Datum. Herr Cheng kam im April 2025 als Chief Risk Expert zu Lufax und war zuvor General Manager von Pudao Credit (Aug. 2021–März 2025) und hatte Führungspositionen im Risikomanagement bei Jingdong Digits/JD.com (Aug. 2014–Jul. 2021). Seine frühere Karriere umfasst Positionen bei Ping An Bank, HUA XIA Bank, FICO und Ant Financial. Herr Cheng besitzt einen Bachelor in Finance (Juni 2004) von der Hubei-Universität und einen MBA (Juni 2024) von der Tsinghua-Universität.

Lufax (NYSE: LU) أعلن عن تغيير في قيادة المخاطر ساري المفعول اعتبارًا من 24 أكتوبر 2025. استقالت السيدة يون جونغ ليم من منصب Chief Risk Officer نظرًا لأسباب تنظيمية شخصية للعمل، ووافقت الاستقالة فورًا.

عيّنت المجلس جينابو تشنغ كـ Chief Risk Officer اعتبارًا من نفس التاريخ. انضم السيد تشينغ إلى Lufax في أبريل 2025 كـ Chief Risk Expert وكان سابقًا المدير العام لـ Pudao Credit (أغسطس 2021–مارس 2025) وتولّى مناصب عليا في المخاطر في Jingdong Digits/JD.com (أغسطس 2014–يوليو 2021). تشمل مسيرته المهنية السابقة أدوار في Ping An Bank، HUA XIA Bank، FICO، وAnt Financial. يحمل السيد تشنغ بكالوريوس في المالية (يونيو 2004) من جامعة هوبـي، و MBA (يونيو 2024) من جامعة تسينغهوا.

Lufax (NYSE: LU) 宣布自2025年10月24日起生效,风险管理负责人发生变动。Youn Jeong Lim 女士因个人工作安排而辞去 Chief Risk Officer 职务,辞职即刻生效。

董事会任命 Jianbo Cheng 为 Chief Risk Officer,生效日同日。Cheng 先生于 2025年4月 加入 Lufax,担任 Chief Risk Expert,此前曾担任 Pudao Credit 总经理(2021年8月–2025年3月),并在 Jingdong Digits/JD.com 担任高级风险职位(2014年8月–2021年7月)。其早期职业包括在平安银行、华夏银行、FICO、蚂蚁金服等任职。Cheng 先生拥有湖北大学的金融学学士(2004年6月)和清华大学的 MBA(2024年6月)。

Positive
  • New CRO appointment effective Oct 24, 2025
  • Appointee joined Lufax in April 2025 as Chief Risk Expert
  • Appointee has senior risk leadership experience at JD.com (2014–2021) and Pudao Credit (2021–2025)
  • Appointee holds an MBA from Tsinghua University (June 2024)
Negative
  • CRO resignation took effect immediately, posing near‑term transition risk
  • Short internal tenure at Lufax (joined April 2025) may limit institutional continuity

SHANGHAI, Oct. 24, 2025 /PRNewswire/ -- Lufax Holding Ltd (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced that as the service agreement will soon expire, Ms. Youn Jeong LIM ("Ms. Lim") has tendered her resignation as the Chief Risk Officer of the Company due to personal work arrangements. Following her resignation which took effect immediately. The Board resolved to appoint Mr. Jianbo Cheng ("Mr. Cheng") as the Chief Risk Officer of the Company with effect from October 24, 2025.

The Board would like to take this opportunity to express its appreciation to Ms. Lim for her significant contribution to the Company during her tenure of office and extend its warmest welcome to Mr. Cheng on his appointment.

Mr. Jianbo Cheng, aged 43, joined the Company in April 2025 and currently serves as the Chief Risk Expert of the Company. Prior to that, Mr. Cheng served as the General Manager of Pudao Credit Co., Ltd. from August 2021 to March 2025. From August 2014 to July 2021, Mr. Cheng successively served as the Risk Director of the Consumer Finance Department, the Senior Director of the Individual Finance Group, and the General Manager of the Risk Management Center at Jingdong Digits Technology Holding Co., Ltd., and the Vice President of JD.com, Inc. (a company listed on NASDAQ (stock code: JD) and the Hong Kong Stock Exchange (stock code: 9618)). From October 2004 to August 2014, he successively worked at Shenzhen Development Bank Co., Ltd. (now known as Ping An Bank Co., Ltd., a company listed on the Shenzhen Stock Exchange (stock code: 000001)), HUA XIA BANK CO., Limited (a company listed on the Shanghai Stock Exchange (stock code: 600015)), Fair Isaac Corporation (FICO), and Ant Financial Services Group, where he was engaged in risk management, consulting, and senior expert roles. Mr. Cheng obtained a bachelor's degree in Finance from Hubei University in June 2004 and a master's degree in Business Administration from Tsinghua University in June 2024.

About Lufax

Lufax is a leading financial services enabler for small business owners in China. Lufax offers financing products designed to address the needs of small business owners and others. In doing so, Lufax has established relationships with 85 financial institutions in China as funding partners, many of which have worked with Lufax for over three years.

Investor Relations Contact

Lufax Holding Ltd
Email: Investor_Relations@lu.com 

ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com

Cision View original content:https://www.prnewswire.com/news-releases/lufax-announces-change-in-chief-risk-officer-302593835.html

SOURCE Lufax Holding Ltd

FAQ

When did Lufax announce the CRO change for LU and who is the new CRO?

Lufax announced the change on October 24, 2025; Jianbo Cheng was appointed Chief Risk Officer effective that date.

Why did the previous Chief Risk Officer of Lufax (LU) resign?

The previous CRO, Ms. Youn Jeong Lim, resigned due to personal work arrangements, and the resignation took effect immediately.

What is Jianbo Cheng's background before joining Lufax (LU)?

Mr. Cheng was General Manager of Pudao Credit (Aug 2021–Mar 2025) and held senior risk roles at Jingdong Digits/JD.com (Aug 2014–Jul 2021), plus roles at Ping An Bank, HUA XIA Bank, FICO, and Ant Financial.

When did Jianbo Cheng join Lufax and what role did he hold prior to the CRO appointment?

He joined Lufax in April 2025 and served as the company's Chief Risk Expert before being appointed CRO on Oct 24, 2025.

What are Jianbo Cheng's educational qualifications noted in the Lufax (LU) announcement?

Mr. Cheng holds a Bachelor in Finance (June 2004) from Hubei University and an MBA (June 2024) from Tsinghua University.
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