News Release

Tuesday, 31 March 2015

MOL to Name New Chairman, President

TOKYO — Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced the appointment of a new chairman and president. Current President and Representative Director Koichi Muto will assume the position of Representative Director and Chairman, and current Director and Senior Managing Executive Officer Junichiro Ikeda will become president. The appointments are subject to approval by the Board of Directors meeting following the Annual General Meeting of Shareholders, which will be held on June 23, 2015. 

1. Details of Changes (as of June 23, 2015)

Name  New Title  Current Title 
 Koichi Muto  Representative Director Chairman Representative Director President 
 Junichiro Ikeda  Representative Director President  Director Senior Managing Executive Officer

2. Biography of New President Please refer to the attached biography.


Name:  Junichiro Ikeda
 Date of Birth: July 16, 1956 
 Birthplace Nagano, Japan
 Present Position: Director
Senior Managing Executive Officer
 Education:  Graduated from University of Tokyo
 Mar. 1979  Faculty of Law
 Business Experience:  
Jun. 2013 - Present Director
Senior Managing Executive Officer
 Jun. 2010 -  Managing Executive Officer
 Jun. 2008 -  Executive Officer
 Jun. 2007 -  General Manager, Liner Division
 Jun. 2004 -  General Manager, Human Resources Division
 Jun. 2001 -  Deputy General Manager, Planning Division
 (Apr. 1999  Mitsui O.S.K. Lines, Ltd. merged with Navix Line, Ltd.)
 Jun. 1998 -  Mitsui O.S.K. Lines (Europe) Ltd.
 Apr. 1979  Joined Mitsui O.S.K. Lines, Ltd.