CIFI (HKG:0884) said Ru Hailin resigned as CEO effective Wednesday, April 1, to devote more time to other commitments, according to a Tuesday Hong Kong bourse filing.
The property firm appointed Ru as a consultant, effective immediately so he can continue to provide strategic support for its development.
The company named Zhou Changliang as its new CEO effective April 1. Zhou is currently the company's executive vice president.