Qifu Technology appointed former Chief Risk Officer Zheng Yan as chief executive officer and a director effective September 21, 2026, replacing Wu Haisheng. Wu stepped down as CEO, director and a member of the board’s compensation committee to focus on expanding the company’s international business, while remaining with the company and working with Zheng on the transition. The reshuffle reflects the growth potential of Qifu’s overseas operations and its long-term strategy. Zheng brings 18 years of consumer finance risk-management experience, including work in credit asset quality control, risk models and regulatory compliance. Qifu, formerly known as 360 DigiTech, rebranded in 2022 and listed on the Hong Kong Stock Exchange in 2023.