Japanese industrial solutions major Hitachi today announced a rejig at top management of India operations, with Deputy Managing Director Kojin Nakakita succeeding Ichiro Iino, who has been designated as Chief Executive for Asia Pacific.
"This is a part of Hitachi's transition to an 'autonomous decentralised global management structure' in which each region is able to lead its business autonomously," the company said in a statement.
Both appointments will be effective April 1, 2015.
In his new role, Ichiro, who joined Hitachi in 1980 and was its first Managing Director in India, will be responsible for the company's business in ASEAN, India, Korea and Oceania regions.
He succeeds Kiyoaki Iigaya, who is returning to Japan to assume the post of President of Hitachi Document Solutions.
Ichiro, who has been proactively expanding business opportunities for the past four years, said: "With the autonomy to act as a control tower, I will be able to better develop solutions with Hitachi's customers through creative collaboration."
"In this short period of time, he has successfully transformed Hitachi India into a full-fledge regional headquarters by restructuring the organisation to generate new businesses addressing regional needs," the statement said
Ichiro would be responsible for business development in four key areas -- healthcare solutions, collaborative solutions with developers and conglomerates, home appliance business and financial solutions-- the statement said.
Under the 2015 Mid-term Management Plan, Hitachi aims to achieve an overseas sales ratio of more than 50 per cent, while expanding business in the global market for its Social Innovation Business.
