Hexindai Inc. announced that Mr. Xinming Zhou has resigned from the position of Chief Executive Officer, effective immediately. Hexindai's Founder and Chairman Mr. Xiaobo An will assume the role of Chief Executive Officer, while Chief Operating Officer Ms. Lili Hua will replace Mr. Zhou on the board as a Director. Mr. Xiaobo An founded the company in 2014, and has held the position of Chairman since the inception.

He became a Director in February 2017. He worked in Huaxia Bank from 2004 to 2008 in the credit approval department. Mr. An received a bachelor's degree in advertising from Hebei University.

He was awarded the “Outstanding Innovator of the Financial Industry in China” title by the prestigious Economy magazine and Huazun Prize panel in 2014.