Tokyo – Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto) today announced that it has decided on the following changes to its Directors, Auditors and Executive Officers. The changes of Directors and Auditors are subject to approval at the Annual Shareholders’ Meeting to be held on June 21, 2022.
1. Changes of Representative Directors and Executive Officers: April 1, 2022
1) Changes of Representative Directors
| Name | New | Present |
| Akihiko Ono | Director | Representative Director |
| Toshiaki Tanaka | Representative Director | Director |
2) Changes of Executive Officers
(1) Establishment of Group Executive Officers
MOL will establish the position of the “Group Executive Officer” in addition to Executive Officers, serving as the president of key group companies in MOL group management strategies, with the aim of linking such strategies and individual strategies of key group companies in an efficient manner. MOL will develop the management plan (Rolling Plan) and address the sustainability issues by demonstrating our group’s collective strength.
(2) Promoted Executive Officers
| Name | New | Present |
| Toshiaki Tanaka | Executive Vice President
Executive Officer |
Senior Managing
Executive Officer |
| Yutaka Hinooka | Senior Managing
Executive Officer |
Managing Executive Officer |
| Toshinobu Shinoda | Senior Managing
Executive Officer |
Managing Executive Officer |
| Hirotoshi Ushioku | Senior Managing
Executive Officer |
Managing Executive Officer |
| Osamu Sakurada | Managing Executive Officer | Executive Officer |
| Ryusuke Kimura | Managing Executive Officer | Executive Officer |
| Mitsuhisa Tanimoto | Managing Executive Officer | Executive Officer |
| Hisashi Umemura | Managing Executive Officer | Executive Officer |
(3) Newly appointed Executive Officers
| Name | New | Present |
| Ajay Singh | Managing Executive Officer | Advisor of LNG Carrier Division / Offshore Gas Project Division |
| Jotaro Tamura | Managing Executive Officer | General Manager of Corporate Planning Division |
| Kazuhiro Takahashi | Executive Officer | General Manager of Tanker Division |
| Yasuchika Noma | Executive Officer | General Manager of Offshore Project Division |
| Tsunemichi Mukai | Executive Officer | General Manager of Ferry and Associated Business Division |
| Tomoaki Ichida | Executive Officer | General Manager of Energy Business Strategy Division |
| Akira Sasa | Group Executive Officer Managing Director/ Chief Executive Officer of MOL Chemical Tankers Pte. Ltd. | Director/Executive Officer of MOL Chemical Tankers Pte. Ltd. |
(4) Appointment of Group Executive Officers
| Name | Present |
| Kazuhiko Kikuchi | Managing Executive Officer of Mitsui O.S.K. Lines, Ltd President and Representative Director of MOL Drybulk Ltd. |
| Akira Sasa | Director/Executive Officer of MOL Chemical Tankers Pte. Ltd. |
| Ryoji Mitani | Executive Officer of Mitsui O.S.K. Lines, Ltd. |
(5) Retiring Executive Officers: March 31, 2022
| Name | New: As of April 1, 2022 | Present |
| Akihiko Ono | Director | Representative Director, Executive Vice President Executive Officer |
| Masato Koike | Adviser to Nihon Tug-Boat Co., Ltd. (To be appointed as Director, Senior Managing Executive Officer of Nihon Tug-Boat Co., Ltd. in June) (*1) | Managing Executive Officer |
| Hiroyuki Nakano | President of Chugoku Shipping Agencies Ltd. (*1) | Managing Executive Officer |
| Kyoya Nitta | Managing Executive Officer of MOL Marine & Engineering Co., Ltd. (To be appointed as Director, Managing Executive Officer of MOL Marine & Engineering Co., Ltd. in June) (*1) | Executive Officer |
| Akio Mitsuta | Director, Chairman of the board of MOL Chemical Tankers Pte. Ltd. (*1) | Executive Officer |
*1: Appointment of Director is subject to the approval at the Annual Shareholders’ Meeting of each company.
3) Executive Officers and their Responsibilities on and after April 1, 2022
| Title | Name | Responsibilities |
| Chairman Executive Officer | Junichiro Ikeda | |
| President, Chief Executive Officer | Takeshi Hashimoto | Overall management |
| Executive Vice President Executive Officer | Toshiaki Tanaka | Assistant to President, Chief Environment and Sustainability Officer, Responsible for; Environment & Sustainability Strategy Division, Corporate Marketing Division, Supervisor for Corporate Communication Division |
| Senior Managing Executive Officer | Kenta Matsuzaka | Director General, Headquarters of Energy Business, Responsible for; Europe and Africa Area, Work Efficiency Improvement |
| Senior Managing Executive Officer | Yutaka Hinooka | Chief Compliance Officer, Assistant to Chief Safety Officer Deputy Director General, Headquarters of Safety Operations, Responsible for; Secretaries & General Affairs Division, Legal Division (effective June 2022), Liner Business Management Division, Real Property Business Division |
| Senior Managing Executive Officer | Toshinobu Shinoda | Director General, Headquarters of Dry Bulk Business, Responsible for; Dry Bulk Business Planning & Co-ordination Division, Iron Ore and Coal Carrier Division |
| Senior Managing Executive Officer | Hirotoshi Ushioku | Director General, Headquarters of Product Transport & Real Property Business, Responsible for; The Americas Area, Car Carrier Division |
| Managing Executive Officer | Hirofumi Kuwata | Associate Director General, Headquarters of Dry Bulk Business, Deputy Director General, Headquarters of Energy Business, Responsible for; Integrated Wind & Carbon Power Solutions, – Carbon Power Solution Unit – Wind Power Projects Unit Secondarily Responsible for Ferry and Associated Business Division |
| Managing Executive Officer | Nobuo Shiotsu | Responsible for East/South East Asia and Oceania Area, Managing Director of MOL (Asia Oceania) Pte. Ltd., Managing Director of MOL Treasury Management Pte. Ltd. |
| Managing Executive Officer | Junko Moro | Chief Human Resource Officer, Responsible for; Human Resources Division, Secretaries & General Affairs Division (Secretaries) |
| Managing Executive Officer | Osamu Sakurada | Deputy Director General, Headquarters of Product Transport & Real Property Business, Responsible for; Regional Strategy in Japan, Port Projects & Logistics Business Division |
| Managing Executive Officer | Ryusuke Kimura | Chief Information Officer, Chief Digital Officer, Responsible for DX Co-Creation Unit, Supervisor for MOL Information Systems, Ltd. |
| Managing Executive Officer | Mitsuhisa Tanimoto | Chief Safety Officer, Director General, Headquarters of Safety Operations, Responsible for; Human Resources Division, Marine Safety Division, Global Maritime Resources Division Secondarily Responsible for; Offshore Technical Division, Smart Shipping Division |
| Managing Executive Officer | Hisashi Umemura | Chief Financial Officer, Responsible for; Corporate Communication Division Finance Division, Accounting Division |
| Managing Executive Officer | Ajay Singh | Responsible for South Asia and the Middle East |
| Managing Executive Officer | Jotaro Tamura | Responsible for; Corporate Planning Division, Business Process Re-engineering, Structural Reforms |
| Executive Officer | Mitsuru Endo | Deputy Director General, Headquarters of Safety Operations, Responsible for; Marine Technical Management Division, Liquefied Gas Ship Management Strategies Division, Secondarily Responsible for; Marine Safety Division, Smart Shipping Division |
| Executive Officer | Makoto Yamaguchi | Chief Technical Officer, Director General, Headquarters of Technology Innovation, Responsible for; Technical Division, Offshore Technical Division, Smart Shipping Division |
| Executive Officer | Kazuya Hamazaki | Responsible for; Integrated Liquefied Gas Transport & Offshore Projects – Liquefied Gas Unit 1 (Responsible for Japan,South East Asia & South Asia LNG Business), – Liquefied Gas Unit 2 (Responsible for China, Korea, Middle East, Europe, Africa, North & South America, Oceania LNG Business), – Liquefied Gas Unit 3 (Responsible for Arctic Ocean, FSRU, Powership Business), Liquefied Gas Ship Management Strategies Division |
| Executive Officer | Kazuhiro Takahashi | Responsible for; Bunker Business Division, Integrated Tanker & Offshore Projects -Tanker Unit |
| Executive Officer | Yasuchika Noma | Responsible for ; Offshore Technical Division, Integrated Tanker & Offshore Projects – Offshore Unit) |
| Executive Officer | Tsunemichi Mukai | Responsible for Ferry and Associated Business Division |
| Executive Officer | Tomoaki Ichida | Responsible for; Energy Business Strategy Division, Bunker Business Division, Integrated Liquefied Gas Transport & Offshore Projects – Liquefied Gas Unit 1 (Responsible for LPG & Ammonia Business) General Manager of Energy Business Strategy Division |
4) Group Executive Officers on and after April 1, 2022
| Title | Name | Responsibilities & Group Company in Charge |
| Group Executive Officer | Kazuhiko Kikuchi | Deputy Director General, Headquarters of Dry Bulk Business, MOL Drybulk Ltd. (President and Representative Director) |
| Group Executive Officer | Akira Sasa | MOL Chemical Tankers Pte. Ltd. (Managing Director/Chief Executive Officer) |
| Group Executive Officer | Ryoji Mitani | MOL Information Systems, Ltd. (President and Representative Director) |
2. Changes of Directors and Auditors : June 21, 2022
1） Retiring of Director
| Name | New | Present : As of April 1, 2022 |
| Akihiko Ono | Adviser to MOL | Director |
2） Changes of Auditors
(1) Newly appointed Auditor
| Name | New | Present |
| Satoru Mitsumori | Outside Audit & Supervisory Board Member | Asahi Law Offices |
(2) Retiring Auditor
| Name | New | Present |
| Hideki Yamashita | Retiring | Outside Audit & Supervisory Board Member |
3） Directors and Auditors on and after June 21, 2022
| Directors | Name |
| Representative Director, Chairman of the Board (*2) | Junichiro Ikeda |
| Representative Director, President (*2) | Takeshi Hashimoto |
| Representative Director (*2) | Toshiaki Tanaka |
| Director | Kenta Matsuzaka |
| Director | Yutaka Hinooka |
| Outside Director | Hideto Fujii |
| Outside Director | Etsuko Katsu |
| Outside Director | Masaru Onishi |
| Audit & Supervisory Board Members | Name |
| Audit & Supervisory Board Member | Toshiaki Takeda |
| Audit & Supervisory Board Member | Masanori Kato |
| Outside Audit & Supervisory Board Member | Junko Imura |
| Outside Audit & Supervisory Board Member | Satoru Mitsumori |
*2: Assignment of Representative Director is subject to the resolution of the Board of Directors which is scheduled to be
held after the approval of changing Directors at the Annual Shareholders’ Meeting.
