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Leadership reshuffle at Adlai Nortye (ANL) as new president and CFO

Filing Impact
(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Adlai Nortye Ltd. announced several leadership changes effective April 1, 2026. Archie Tse, M.D., Ph.D., was appointed President while continuing as Head of Research and Development, a role he has held since March 2024. His background includes senior R&D positions at multinational pharmaceutical companies.

The Board also appointed Dr. Ye as Chief Financial Officer, in addition to his responsibilities for business development and global commercialization strategy, after serving as interim CFO since January 2025. He brings experience in business development and commercial leadership across the Asia-Pacific region.

Current President Dr. Kaiyang Tang retired from the president role on April 1, 2026 and will remain as a Corporate Strategy Professor to support a smooth transition. The company states his retirement does not affect operations in finance, investor relations, or public relations, and that he has no disputes or disagreements with the company.

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Insights

Adlai Nortye refreshes top leadership while emphasizing operational continuity.

The company is elevating internal leaders, naming Dr. Archie Tse as President and confirming Dr. Ye as CFO while preserving their existing R&D and commercialization responsibilities. This suggests a continuity-focused transition rather than a disruptive overhaul, with emphasis on prior industry experience.

Dr. Tang’s move from President to a Corporate Strategy Professor role keeps his expertise within the organization. The statement that operations, including finance and investor relations, remain unaffected and that there are no disputes or disagreements frames this as an orderly, planned succession rather than a response to crisis.

Effective date of leadership changes April 1, 2026 Start date for new President and CFO roles
Start of Dr. Tse R&D role March 2024 Dr. Tse serving as Head of Research and Development
Start of Dr. Ye interim CFO role January 2025 Dr. Ye as interim CFO and VP of Business Development
forward-looking statements regulatory
"This announcement contains forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
safe harbor regulatory
"These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995."
Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.
clinical trials medical
"the initiation, timing, progress and results of the Company’s preclinical studies, clinical trials and other therapeutic candidate development efforts"
Clinical trials are carefully controlled studies that test whether a new drug, device or treatment is safe and effective in people, moving through successive stages that increase the number of participants and the rigor of testing. Investors care because trial outcomes determine whether a product can be approved and sold, shaping a company’s future revenue, valuation and risk profile—think of it as proof-of-concept testing that decides if a prototype becomes a market-ready product.
therapeutic candidates medical
"the Company’s ability to advance its therapeutic candidates into clinical trials"
Regulation S-K regulatory
"any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K."
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
intellectual property rights financial
"the scope of protection the Company is able to establish and maintain for intellectual property rights covering its therapeutic candidates"
Legal protections that give a company exclusive control over creations like inventions, brand names, designs, formulas, software and creative works, similar to owning the lock and key to a recipe or product design. For investors, these rights matter because they can create durable revenue streams, reduce competition and justify higher company value, while weak or contested rights increase the risk of lost sales and costly legal disputes.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

 

For the month of April 2026

 

Commission File Number: 001-41773

 

Adlai Nortye Ltd.

 

c/o PO Box 309, Ugland House

Grand Cayman, KY1-1104

Cayman Islands

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

☒ Form 20-F         ☐ Form 40-F

 

 

 

 

 

CONTENT

 

Management Change of the Company

 

The board of directors (the “Board”) of Adlai Nortye Ltd. (the “Company”) has appointed Archie Tse, M.D., Ph.D. (“Dr. Tse”) as the President of the Company, while he continues to serve as the Head of Research and Development with effect from April 1, 2026.

 

Dr. Tse serves as the Head of Research and Development since March 2024. Prior to joining the Company, Dr. Tse served as the Chief Scientific Officer, Senior Vice President, Head of Research and Early Clinical Development, and Head of CMC Department of CStone Pharmaceuticals. Before that, Dr. Tse held leadership positions in multinational companies, including MSD and Daiichi-Sankyo.

 

Dr. Tse earned his Doctor of Medicine degree and his Doctor of Biochemistry and Molecular Biology degree from University of Southern California.

 

Dr. Tse does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Dr. Tse does not have any family relationship with any directors or executive officers of the Company.

 

The Board has appointed Dr. Ye as the Chief Financial Officer of the Company, while he continues to be responsible for the Company’s business development and global commercialization strategy, with effect from April 1, 2026.

 

Dr. Ye serves as interim Chief Financial Officer and Vice President of Business Development & Commercialization Strategy of the Company since January 2025. Prior to joining the Company, Dr. Ye was the Vice President of Business Development at inVentiv Health (now Syneos Health). Additionally, Dr. Ye demonstrated leadership in the Asia-Pacific region by managing commercial business units and establishing medical education teams for multinational pharmaceutical companies in China. Before that, Dr Ye held leadership positions in multinational companies, including GenScript and Patheon (now part of Thermo Fisher Scientific).

 

Dr. Ye holds a Bachelor of Science and a Master of Science from Xiamen University and earned his Ph.D. at the University of Texas MD Anderson Cancer Center. His career reflects a strong combination of scientific knowledge and strategic business leadership in the global pharmaceutical landscape.

 

Dr. Ye does not have a direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Dr. Ye does not have any family relationship with any directors or executive officers of the Company.

 

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Dr. Kaiyang Tang (“Dr. Tang”), current President of the Company, has retired from his current position as the President of the Company with effect from April 1, 2026. The Company will retain Dr. Tang as a Corporate Strategy Professor to the Company. Dr. Tang is committed to ensuring a smooth transition and will continue to provide support and advice to the Company.

 

The Board would like to take this opportunity to express its sincere gratitude to Dr. Tang for his valuable contributions to the Company during his tenure of service. The retirement of Dr. Tang from the position as the President of the Company has no impact on the operations of the Company, including finance, investor relations, and public relations, and the Company continues to conduct its operations as usual. Dr. Tang has confirmed that he has no dispute or disagreement with the Company on any matter relating to the Company’s operations, policies, or practices and there are no matters in relation to his resignation that need to be brought to the attention of the shareholders of the Company.

 

Forward-Looking and Cautionary Statements

 

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets” and similar statements. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations, the business outlook and quotations from management in this announcement, as well as the Company’s strategic and operational plans, are or contain forward-looking statements.

 

The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Factors that could cause the Company’s actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the initiation, timing, progress and results of the Company’s preclinical studies, clinical trials and other therapeutic candidate development efforts; the Company’s ability to advance its therapeutic candidates into clinical trials or to successfully complete its preclinical studies or clinical trials; whether the clinical trial results will be predictive of real-world results; the Company’s receipt of regulatory approvals for its therapeutic candidates, and the timing of other regulatory filings and approvals; the clinical development, commercialization and market acceptance of the Company’s therapeutic candidates; the Company’s ability to establish, manage, and maintain corporate collaborations, as well as the ability of its collaborators to execute on their development and commercialization plans; the implementation of the Company’s business model and strategic plans for its business and therapeutic candidates; the scope of protection the Company is able to establish and maintain for intellectual property rights covering its therapeutic candidates and its ability to operate its business without infringing the intellectual property rights of others; estimates of the Company’s expenses, future revenues, capital requirements and its needs for and ability to access sufficient additional financing; risks related to changes in healthcare laws, rules and regulations in the PRC and United States or elsewhere. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Adlai Nortye Ltd.
   
  By : /s/ Yang Lu
  Name:  Yang Lu
  Title : Chief Executive Officer and
Chairman of Board of Directors

 

Date: April 1, 2026

 

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FAQ

What leadership changes did Adlai Nortye (ANL) announce in this 6-K?

Adlai Nortye appointed Dr. Archie Tse as President and confirmed Dr. Ye as Chief Financial Officer, both effective April 1, 2026. Former President Dr. Kaiyang Tang retired from that role and will stay on as a Corporate Strategy Professor supporting strategic transition.

Who is Dr. Archie Tse and what is his new role at Adlai Nortye (ANL)?

Dr. Archie Tse was appointed President of Adlai Nortye while continuing as Head of Research and Development. He has led R&D since March 2024 and previously held senior scientific and development positions at CStone Pharmaceuticals, MSD, and Daiichi-Sankyo.

What position will Dr. Ye hold at Adlai Nortye (ANL) after this management change?

The board appointed Dr. Ye as Chief Financial Officer while he remains responsible for business development and global commercialization strategy. He previously served as interim CFO and Vice President of Business Development & Commercialization Strategy since January 2025, with extensive prior business development experience.

How is Adlai Nortye (ANL) handling the retirement of President Dr. Kaiyang Tang?

Dr. Kaiyang Tang retired as President effective April 1, 2026, but will remain as a Corporate Strategy Professor. He committed to support a smooth transition, and the company states his retirement does not impact operations, including finance, investor relations, or public relations.