Lufax Holding Ltd Announces Change in Chief Risk Officer

Lufax Holding Ltd (NYSE: LU and HKEX: 6623) announced the resignation of Ms. Youn Jeong Lim as Chief Risk Officer, effective immediately, due to personal work arrangements. The Board appointed Mr. Jianbo Cheng as the new Chief Risk Officer, effective October 24, 2025. Mr. Cheng, who joined the company in April 2025, brings extensive experience in risk management from previous roles at various financial institutions. The Board expressed gratitude for Ms. Lim's contributions and welcomed Mr. Cheng to his new role. The announcement also included operational highlights for the third quarter of 2025, showing a decrease in total outstanding loans but an increase in new consumer finance loans.