Mitsubishi Corp names power business head Nakanishi as new president

TOKYO – Japan’s Mitsubishi Corp on Friday said executive vice president and power business chief Katsuya Nakanishi will become the trading house’s new president and chief executive officer, effective April 1, 2022.

Current president Takehiko Kakiuchi will become chairman.

Nakanishi, 61, currently runs the firm’s power solution group and was involved in its 2019 acquisition of Eneco, one of the Netherlands’ largest power companies.

(Reporting by Yuka Obayashi; Editing by Christopher Cushing)