NYK reshuffles senior group management

NYK reshuffles senior group management    Japan’s Nippon Yusen Kaisha decided at a meeting of its board of directors in Tokyo Thursday to change the lineup of its directors, effective April 1.
   Five of NYK’s directors gain new, more senior positions, five are set to retire and five new directors are named.
   NYK promoted president Takao Kusakari to chairman, senior managing director Koji Miyahara to president, senior managing director Tadamasa Ishida to executive vice president, managing director Koji Usami to senior managing director, and managing director Takao Manji also to senior managing director.
   NYK had already said in December that Miyahara would become president, the most senior position at Japanese shipping groups.
   Taizo Akabane will continue as president of NYK Logistics (Asia), but will retire from the main board. Shuichi Tsuji will retire to become advisor to the president of Taiheiyo Kisen Kaisha Ltd. Three other executive directors, Yuji Hirano, Yoshihiro Uesu, and Shun-ichi Yano will also retire into new less central positions or as advisors.
   The five new main board directors of NYK are:
   * Yoshiharu Murata, now chairman of NYK Line (Hong Kong) Ltd.
   * Masato Katayama, general manager, Latin America and Africa group.
   * Masahiro Kato, general manager, car carrier group.
   * Hidenori Hono, general manager, petroleum group.
   * Yuji Senba, general manager, gas carrier group.