Alibaba Group appoints Toby Xu as Chief Financial Officer

By Justina Lee

Chinese tech giant Alibaba Group Holding Ltd. said it had promoted Toby Xu to chief financial officer.

Mr. Xu, currently the group’s deputy chief financial officer, will begin his new role in early April. He will replace Maggie Wu, who will continue as chief executive.

Alibaba said Mr. Xu joined the company in 2018 and has been the group’s deputy chief financial officer since July 2019. His previous experience includes PricewaterhouseCoopers, where he has been a partner for 11 years.

He is also a director of Sun Art Retail Group, Lianhua Supermarket Holdings and Red Star Macalline Group.

Write to Justina Lee at

Source link Alibaba Group appoints Toby Xu as Chief Financial Officer


PaulLeBlanc is a Interreviewed U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. PaulLeBlanc joined Interreviewed in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing:

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