MOL Appoints Chief Country Representatives in Move to Enhance Intra-group Synergy and Cooperation

March 14, 2016

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the company will appoint Chief Country Representatives to oversee operations in Asia and Oceania, effective April 1.

Currently, MOL assigns Chief Executive Representatives, who manage regions of the Americas, Europe and Africa, and Asia, the Middle East and Oceania to help the group provide services tailored to customer needs in each market. The appointment of Chief Country Representatives will help enhance cross-sectional, intra-regional ties throughout the MOL Group.

The Chief Executive Representative was introduced in June 2015. Toshiya Konishi (Chief Executive Representative, Americas), Nobuo Ishihara (Chief Executive Representative, Europe, Africa), Toshiyuki Sonobe (Chief Executive Representative, Asia, the Middle East, Oceania), and Mitsujiro Akasaka (Deputy Chief Executive Representative, Asia, the Middle East, Oceania) oversee their designated regions.

To make the most of the MOL Group's business network and resources, the newly appointed Chief Country Representatives will work to enhance business capabilities and promote the MOL brand as the group's representative in charge of their nation/region. They will develop and offer proposals for comprehensive transport services in response to specific needs in national and regional markets.

[Nations and regions under control, cities, and Chief Country Representatives] (as of 2016/4/1)

*MOL will allocate a Chief Country Representative in the U.A.E. (Dubai) in June and assign Chief Country Representatives to the Americas, Europe, and Africa as needed.