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MOL Appoints Chief Country Representative for Mozambique and South Africa
- Aiming to Enhance Ties within MOL Group -
March 10, 2020
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced the appointment of Mitsuru Fukushima as Chief Country Representative for Mozambique and South Africa under the umbrella of the Chief Executive Representatives for Europe and Africa (*1), effective April 1, 2020.
[Nation and Name of Chief Country Representatives]
| Nations | City | Chief Country Representative |
|---|---|---|
| Mozambique South Africa |
Maputo | Mitsuru Fukushima |
Mozambique launched an economic reconstruction program aimed at liberalizing trade and attracting foreign investment after the nation's civil war ended in 1992. Its annual economic growth reached an average of 7.5% during the 2000s, making it one of the world's most dynamic nations in terms of future economic development. The country is blessed with abundant resources; for example, it holds the world's largest estimated reserves of natural gas. MOL already participates in the power plant business in Mozambique (*2).
In addition, its neighboring country, South Africa, is a prominent emerging nation, representing Sub-Sahara Africa, and can expect to see rising demand for energy spurred by economic growth as well as increased transport of completed cars and exports of raw materials.
MOL positions Mozambique and South Africa as key strategic countries and will draw upon the MOL Group's collective strengths to effectively meet customer needs for growing demand for energy and infrastructure development.
Based in the representative office of MOL (Europe Africa), Ltd. (*3), which will newly open in Maputo, the Chief Country Representative in Mozambique and South Africa will enhance business capabilities and raise the profile of the MOL brand as a representative of the MOL Group in both countries, and develop and propose solutions for comprehensive transport services in response to specific needs in each country.
(*1) Some of the executive officers responsible for regions, chief executive representatives, and chief country representatives were changed effective April 1, 2020. The new organization from April 1, 2020 is shown as follows. (changes are marked with (*))
| North America/Latin America/Caribbean | |
|---|---|
| Executive Officer | Akihiko Ono (*) |
| Chief Executive Representative | Katsumi Nagata |
| Mexico | Yasuhiro Mochizuki (*) |
| South America | |
| Executive Officer | Akihiko Ono (*) |
| Chief Executive Representative | Toshitake Daigo |
| Brazil | |
| Chile | Yasuyuki Kitamura |
| Europe/Africa | |
| Executive Officer | Takeshi Hashimoto |
| Chief Executive Representative | Tatsuro Watanabe (*) |
| German | Norio Abe |
| Turkey | Satoshi Katada |
| Mozambique/South Africa | Mitsuru Fukushima |
| Asia/Middle East/Oceania | |
| Executive Officer | Koichi Yashima |
| Chief Executive Representative | Masahiko Okubo |
| Singapore | |
| Malaysia | Ryuichiro Kijima (*) |
| Myanmar | Tatsuya Ueki |
| China/Taiwan | Senji Tokumoto (*) |
| Hong Kong | Yukie Mototani |
| South Korea | Toru Fujii |
| The Philippines | Teiichiro Shinoda |
| Thailand | Hikaru Isegawa (*) |
| Vietnam | Yutaka Sakanishi |
| Indonesia | Yo Ishizaki |
| India | Koji Wada |
| U.A.E. | Yutaka Ikeda |
| Australia | Hideyuki Irisawa |
(*2) Please refer to the August 30, 2019 press release:
MOL and Karpowership announce the first LNG-to-Powership project under the co-brand "KARMOL" to be delivered in Nacala, Mozambique
(*3) MOL (Europe Africa) Ltd. is MOL's wholly owned subsidiary offering high value-added services to customers by maximizing group-wide comprehensive capabilities and drawing upon the group's experience and know-how accumulated over many years of successful operation in Europe and Africa.
[Corporate Profile]
Name: MOL (Europe Africa) Ltd.
Representative: Tatsuro Watanabe (Chief Executive Representative for Europe Africa, effective April 1, 2020)
Address: 3 Thomas More Square, London E1W 1WY, UK
Tel: +44-20-3764-8000