MOL Appoints Chief Country Representatives in Brazil and Mexico
- Aiming to Enhance Ties within MOL Group -

December 01, 2016

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that the company will appoint Chief Country Representatives in Mexico and Brazil, effective December 1st, 2016, to push ahead toward its goal of "One MOL" worldwide.

The Chief Country Representatives in Mexico and Brazil will be under the umbrella of the Chief Executive Representative, Americas (*1), to more precisely meet customer needs by further enhancing cross-sectional and inter-regional ties within the MOL Group.

[Nations and Name of Chief Country Representatives]

MOL positions both as key strategic countries—Mexico is the leader in both import and export trade value among Central and South America and is expected to see continued growth, particularly as a completed car production center, and Brazil has a population of over 200 million, is the leader in GDP among Central and South America and holds second place in both import and export trade value.

The Chief Country Representatives in Brazil and Mexico, as representatives of the MOL Group, will enhance the group's business capabilities and strengthen the MOL brand to more effectively promote its collective strengths. They will develop and offer proposals for comprehensive transport services in response to specific needs in national and regional markets.

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

(*) Chief Country Representatives were already appointed in India, Myanmar, Malaysia, Singapore, Indonesia, Thailand, Vietnam, the Philippines, Taiwan, Hong Kong, South Korea, the U.A.E., and Australia, under the umbrella of the Chief Executive Representative, Asia, the Middle East, and Oceania.