Future FinTech Restructures Leadership with New Board Appointments and Management Changes
Future FinTech Restructures Leadership with New Appointments
Future FinTech Group Inc. (NASDAQ: FTFT), a comprehensive financial and digital technology service provider, has recently undergone substantial changes within its management and Board of Directors. On June 30, 2025, the company revealed these changes, aiming to enhance its strategic direction and operational efficiency as it navigates the complex landscape of the financial technology sector.
Leadership Transition
On June 20, 2025, several key resignations were announced. Mr. Ming Yi resigned from his role as Chief Financial Officer, Mr. Fuyou Li stepped down as Chairman of the Board, and Ms. Ying Li left her position as a director and Vice President of the Company. These departures were clarified not to have stemmed from disagreements regarding the company’s practices or policies.
To fill these significant gaps, the Board appointed Ms. Ting (Alina) Ouyang as the new Chief Financial Officer and director of the Board, along with Mr. David Xu taking on the role of Chairman.
Background of the New Leaders
Ting (Alina) Ouyang
Ms. Ouyang, aged 40, has been with Future FinTech since August 2020, previously serving as Financial Controller and Internal Control Manager. She has an extensive background with over a decade in financial management, having previously held the Chief Financial Officer position at Wealth Index Capital Group. A Certified Management Accountant in the U.S., Ms. Ouyang brings a wealth of experience in financial disclosures, ESG reporting, and investor relations, particularly for public companies across China, the U.S., and Hong Kong.
Her academic background includes a Bachelor's degree in Business Administration from Beijing Union University, which she achieved in 2008. Her fluency in both English and Mandarin complements her role as she leads the company through its financial strategy.
David Xu
Mr. Xu, 38 years old, has a well-rounded experience that encompasses financial services, enterprise management, and investment banking. His recent role at China CITIC Bank involved facilitating companies' public listings, marking him as a key asset for Future FinTech’s expansion goals. Before that, he held a significant position at China Construction Bank, focusing on funding and initial public offerings.
His academic qualifications include a Master's degree in Business Administration from The Australian National University (2020) and a Master's in Law from the University of International Business and Economics (2011). Mr. Xu's expertise in capital markets and regulatory frameworks is expected to bolster the company’s governance and strategic initiatives.
Vision for Future Growth
Li Hu, the CEO of Future FinTech, expressed gratitude towards the departing executives for their outstanding contributions, emphasizing their critical role in the company’s progress. He articulated a commitment to fostering a new chapter of growth under the new leadership, with a strong focus on sustainable development and enhancing long-term value for stakeholders.
Ms. Ouyang and Mr. Xu’s appointments are seen as crucial steps in executing the company’s cost-optimization strategies and regulatory compliance while also improving financial management efficiency.
Conclusion
In conclusion, the recent appointments at Future FinTech signify a strategic move as the company aims to strengthen its governance and operational management. With new leaders at the helm, there is an optimistic outlook for the company as it continues to explore growth opportunities in the dynamic landscape of financial technology. As Future FinTech navigates this transition, all eyes will be on how these leadership changes will impact its positioning in global markets and its commitment to stakeholder value.