7/103 sources · 3 publishersUpdated Oct 14, 02:34 UTC
Yiren Digital names former CFO Na Mei as acting CEO after CEO Ning Tang investigation
Yiren Digital announced that Na Mei will serve as acting chief executive officer effective October 13, 2026. The change follows a police investigation of current CEO Ning Tang, who was placed under criminal measures. Mei previously held the CFO role from September 2020 to August 2024. The announcement came after the stock fell 44.05% to $0.5595 on October 12.
Why it matters
The leadership shift could affect investor confidence, as reflected by the sharp share‑price decline on October 12. The interim CEO brings financial‑management experience that may help stabilize operations during the probe.
Key facts
- 1Na Mei was appointed acting CEO effective October 13, 2026. seekingalpha.com
- 2The appointment follows a police investigation of CEO Ning Tang, who was placed under criminal measures. seekingalpha.com
- 3Yiren Digital’s stock closed down 44.05% at $0.5595 on October 12. rttnews.com
- 4Na Mei served as CFO from September 2020 to August 2024. citybiz.co
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.