Hitachi Asia appoints new chief executive

Hitachi Asia appoints new chief executive

SINGAPORE - Hitachi appointed Mr. Kiyoaki Iigaya as its new Chief Executive and Chairman for Asia.

Mr Iigaya is also Chairman of Hitachi India.

He will assume responsibility for Hitachi's "Social Innovation Business" across India and the Southeast Asian countries including Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam.

A 34-year Hitachi veteran, Mr. Iigaya will succeed Mr. Kiyoshi Kinugawa, who is appointed as Executive Vice President and Director of Hitachi Industrial Equipment Systems Co. Ltd., in Japan.

Both appointments will be effective from April 1.

Mr. Iigaya most recently served as Deputy Managing Director of Hitachi Asia Ltd. and Executive Advisor of Hitachi India Pvt. Ltd.

"I'm excited about leading Hitachi's strategy in this very dynamic and diverse region. India and Southeast Asia are key strategic markets in Hitachi's global growth initiative," said Mr. Iigaya.

"Hitachi will continue to focus on our "Social Innovation Business" with group-wide expertise allowing us to contribute to the development of a sustainable society in this region."

"As we tackle the challenges and opportunities of today's business environment, we will also continue our commitment to develop capable and diverse workforce. At Hitachi, we recognise that human capital plays a pivotal role in establishing a solid organisation." added Mr. Iigaya.

Mr. Iigaya has extensive experience in business development, corporate planning and employee relations & human resources.

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