AGTech appoints new exec director and CFO

China lottery supplier AGTECH Holdings has announced the resignation of its executive director and chief financial officer Mr. Zhou Haijing, effective Jan. 30.

AGTech said the resignation of Mr. Zhou was due to “position re-arrangement” and for him to devote more of his time to his new position in Alibaba Group.

In his place, Ms. Hu Taoye has been appointed as executive director and CFO, she will also be taking up his position as a member of the risk management and internal control committee of

the Company.

Ms. Hu, aged 39, obtained a Bachelor degree in Economics from Renmin University of China in July 2001. She was admitted as a practicing member of the Chinese Institute of Certified Public Accountants in July 2003 and a non-practicing member of such institute since March 2008.

Ms. Hu joined Alibaba Group in February 2008. From February 2008 to May 2014, Ms. Hu served as an internal control director and a financial controller of the B2B and Alibaba Cloud divisions of Alibaba Group. After that, she served as a financial controller of Autonavi and UC Web, under Alibaba Mobile Internet Division of Alibaba Group until June 2016. Prior to joining the Group, Ms. Hu was a financial controller of the digital media and entertainment division of Alibaba Group.