Zhang Yong at Alibaba ONE Business Conference [File photo/Wang Xingping (NBD)]

Dec. 19 (NBD) -- Alibaba (NYSE:BABA) on Thursday announced a new round of structural adjustments, in a move to focus on promoting globalization, domestic demand, big data and cloud computing.

Alibaba's chairman and CEO Daniel Zhang Yong disclosed a set of appointments in an internal letter.

Cheng Li will succeed Zhang Jianfeng as the tech giant's CTO, reporting to Zhang Yong. Tmall president Jiang Fan will take charge of Alimama, Alibaba's marketing technology platform. Dai Shan, president of Alibaba B2B business group, will also oversee retail chain Freshippo. Zhao Ying will assume new role as president of Ant Financial International business group and remain head of tourism platform Fliggy.

Zhang Yong said in the letter that the company has a long-standing habit to make changes for the future at the best of times.

National Business Daily noticed that Alibaba affiliate Ant Financial on the same day announced new CEO Hu Xiaoming as Jing Xiandong shifts focus to international strategy. Hu will continue to report to Jing who remains the executive chairman.

Email: lansuying@nbd.com.cn