Mitsubishi & Co. (Australia) Ltd. ("Mitsubishi Australia") today announced the appointment of Mr. Noboru Katsu to the position of Chairman & CEO of Mitsubishi Australia.

Mr. Katsu will replace the current Chairman & CEO, Mr. Yukio Takebe, who has been promoted to Senior Executive Managing Officer based in Mitsubishi & Co. headquarters in Tokyo. The changes are effective from April 01, 2018.

Mr. Katsu will join the Australian business bringing more than 36 years' experience at Mitsubishi, mostly in Mitsubishi's iron and steel products businesses in Japan, and in overseas postings to Norway, Thailand and the United Kingdom.

His most recent appointment was as Chief Operating Officer of the Iron & Steel Products Business Unit in Tokyo where he oversaw Mitsubishi's €416 million Euro investment in Gestamp Automoción S.A, a Spanish global leader specialised in the design, development and manufacture of highly engineered metal components for the automotive industry.

In his new role Mr. Katsu will take the helm of Mitsubishi & Co. (Australia) Ltd. with responsibility for overseeing Mitsubishi's diverse portfolio of businesses in Australia and the continued growth and diversification of the business.

Notes to editors:
Mitsubishi & Co. is one of the world's most diversified trading, investment and services enterprises. The Mitsubishi group manages a diverse portfolio of businesses including iron ore, coal, gas, oil, food, grain, salt, woodchips, power generation, machinery, steel products, and chemicals in Australia. On an equity basis, Mitsubishi and its group companies account for an estimated $8 billion worth of Australian goods and commodities exports per annum. Mitsubishi is also a major investor in Australia, and collectively its group companies have invested more than $15 billion in the country over the last decade.

Notice:
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