Former English teacher Jack Ma, 54, has become a globally recognised figure through his constant travel and playful antics (Photo: AFP/JORGE SILVA) On the morning of Sep 10, China’s most famous billionaire announced plans to step down as head of the company he founded. Jack Ma revealed he would leave his role as executive chairman of Alibaba Group, the e-commerce and internet behemoth he has led for its entire 19-year existence. In a letter to the 86,000 employees of Alibaba, Ma stated that he would remain as executive chairman for a transition period of one year, at the end of which he will hand the reigns to Daniel Zhang, who has served as CEO of the firm since replacing Ma in that role three years ago. Ma also announced in the letter that he intends to continue to serve on the company’s board of directors until its annual meeting in 2020. In a heartfelt and eloquent letter characteristic of the charismatic entrepreneur, he expressed gratitude for, and confidence in, … [Read more...] about Where next, Jack Ma?