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Future FinTech Group has announced the appointment of Hu Li as its new Chief Executive Officer, effective August 5, 2024. This strategic move reflects the company’s commitment to broadening its global presence and enhancing its standing within the financial and digital technology sectors.
Hu Li, who has been with Future FinTech since 2019, brings extensive experience in finance and management to his new role. Prior to his promotion, he served as CEO of FTFT International Securities and Futures Limited. Li’s appointment follows the resignation of former CEO Shanchun Huang, who stepped down for personal reasons. Huang is recognized for his pivotal contributions to the company’s development and growth.
In his new position, Li will spearhead Future FinTech’s international expansion efforts, oversee its investment and financing activities, and guide the company through its ongoing strategic evolution. Li’s leadership is anticipated to drive the company’s diversification, which includes asset management, brokerage, investment banking services, cross-border payments, and supply chain finance.
Foyou Li, Chairman of Future FinTech’s Board, praised Li’s appointment, stating, “Mr. Hu Li is an exceptional executive. His outstanding contributions over the past five years have been instrumental in transitioning the company into a fintech leader with a broad range of services.”
Under Li’s direction, Future FinTech is set to leverage its expertise in digital and internet technologies to offer stable, secure, and efficient financial services globally. With established operations in major markets such as Hong Kong, the United Kingdom, China, and the United States, the company is well-positioned for continued growth. Li’s leadership will be essential in navigating future challenges and capitalizing on emerging opportunities in the dynamic fintech sector.