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Alibaba-backed Lazada appoints new CEO; second change in 2018

December 13, 2018 3:25 AM
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SINGAPORE (Reuters) - Lazada Group, a Southeast-Asian e-commerce company backed by Alibaba Group Holding, appointed Pierre Poignant as its new chief executive officer (CEO) on Thursday as part of its succession planning.

Poignant, the company’s executive president, will succeed Lucy Peng as CEO with immediate effect, Lazada said in a statement. Peng will remain executive chairwoman.

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