Lufax appoints Xiang Ji as Co-CEO

Lufax (LU) Holding announced that it has appointed Xiang Ji as the Co-CEO of the Company and Tao Wu as the Executive Deputy General Manager and Chief Marketing Officer of the Company, with immediate effect. Xiang Ji possesses close to 20 years of cross-industry work experience in retail credit, risk management and investment management. Ji served at McKinsey & Consulting Company from February 2014 to September 2025, with his last position as Global Managing Partner overseeing Asia Retail Banking Business. From September 2007 to December 2012, Ji provided post-investment service and project management service to various institutions in the United Kingdom. Ji obtained a master’s degree in business management from INSEAD in December 2013, a master’s degree in telecommunication engineering from Politecnico Di Torino in June 2007, and a bachelor’s degree in communication engineering from Beijing Information Science and Technology University in June 2005. Tao Wu has over 30 years of work experience in the financial insurance, automobile service and internet industries.