Tencent Shareholder Prosus President, CIO Ervin Tu to Step Down

Dow Jones
04 Jun
 

By Ian Walker

 

Prosus, the biggest shareholder of Tencent Holdings, said Group President and Chief Investment Officer Ervin Tu is stepping down.

The company--which has a 24.1% shareholding in Tencent according to LSEG Refinitiv--said Tuesday that Tu would remain with the group as an advisor.

Tu has been with the company since August 2021 and previously held the role of interim CEO before the appointment of Fabricio Bloisi last July.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

June 04, 2025 01:27 ET (05:27 GMT)

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