JD Finance lures top banker for global push

Ambitious Chinese fintech firm follows up successful funding round by hiring Mizuho Securities' Asia MD and chief economist.

Shen Jianguang, Mizuho Securities Asia’s managing director and chief economist, is joining JD Finance as vice president and chief economist, JD Finance said in a statement on Thursday.

The heavyweight fintech player the fintech affiliate of China’s second largest e-commerce company, JD.com  closed a Rmb13 billion $1.95 billion funding from multiple cash-rich domestic investors on July 12. The funding round values JD Finance at Rmb133 billion.

Shen joined Mizuho in 2010 having previously held roles at leading international institutions the European Central Bank and the International Monetary Fund, as well as China's first joint-venture investment bank, China International Capital Corporation.

“As...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222