Mitsui OSK Lines (MOL), Japan’s largest shipping company, has announced Jotaro Tamura is stepping up to become president and CEO come April 1 next year, replacing Takeshi Hashimoto who will take over the chairman’s office.
“Amidst a rapidly changing business environment, it is essential to address a wide range of management challenges—such as defining strategic direction, managing field operations, and engaging with key stakeholders—including investors, the stock market, and financial institutions—to achieve sustainable growth. To this end, a smooth transition to a management structure designed for the next generation is crucial,” Hashimoto said.
Tamura, 57, has been with MOL throughout his career, starting in 1991, during which time he has worked in Tokyo, London, Hong Kong, and Singapore.
“I believe that as leader I must not only demonstrate balanced decision-making and action based on broad perspective and foresight, but also place greater emphasis on strengthening teamwork among the management team,” Tamura said.
