Paytm IPO: Chinese nationals exit board

According to filings with the registrar of companies, Jing Xiandong of Alipay and Guoming Cheng of Ant Financial, both Chinese nationals, have ceased to be directors of the company. Additionally, Micheal Yuen Jen Yao, a US national, and Ting Hong Kenny Ho, a Chinese national of Alibaba based in Hong Kong, also ceased to be directors. The new entrants to the board include Douglas Feagin, a senior VP of Ant Group and Feagin, a former banker at Goldman Sachs.

from Markets-Economic Times https://ift.tt/3qSRi92