7/102 sources · 2 publishersUpdated Oct 13, 12:53 UTC
Yiren Digital names Na Mei as acting CEO amid police probe of former chief
Yiren Digital appointed Na Mei as acting chief executive effective October 13, 2026, after authorities began a criminal investigation into former CEO Ning Tang. Na Mei, who previously served as the company’s chief financial officer, will assume responsibility for day‑to‑day operations. The investigation also involves the firm’s controlling affiliates. The announcement coincided with a sharp drop in Yiren Digital’s share price.
Why it matters
The leadership change triggered a 44.05% decline in Yiren Digital’s stock, closing at $0.5595 on October 12, reflecting heightened investor concern over the criminal probe.
Key facts
- 1Na Mei was appointed acting CEO effective October 13, 2026. seekingalpha.com
- 2Na Mei previously served as CFO of Yiren Digital. rttnews.com
- 3Former CEO Ning Tang was placed under criminal measures as part of a police investigation. seekingalpha.com
- 4The investigation also involves Yiren Digital’s controlling affiliates. seekingalpha.com
- 5Yiren Digital’s stock closed down 44.05% at $0.5595 on October 12. rttnews.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.