Fumio Otani appointed chairman of MAC Holdings Pvt Ltd
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Mr. Fumio Otani
Japan’s Fumio Otani has been appointed as the new Chairman of the Board at MAC Holdings Pvt Ltd.
He will take over this role, from the incumbent Chairman / Managing Director, Andre Fernando who will be relinquishing his chairmanship and taking over as Managing Director of the group.
“I’m honoured to be named as Chairman of the Board for MAC Holdings Pvt Ltd and excited to support the next chapter in the company’s success,” said Mr. Otani, in a media release issued by the company. “MAC Group of companies is already a leader in its varied sectors which they engaged in, but I believe it has the potential to grow much further. I’m looking forward to working with the board and management team to build the business through innovation, product and sector enhancements, special focus on power and renewable energy, while explore investment opportunities to the group of companies.”
Mr. Andre Fernando
Mr. Otani is a Japanese national, educated at the Tokyo Metropolitan University with a bachelor’s in mechanical engineering and having followed management programmes in respected institutions such as Harvard Business School. He has held multitude corporate positions during his illustrious career spanning 38 years at Toshiba Corp. (Toshiba Energy Systems & Solutions Corp, Toshiba Americas & Toshiba Asia Pacific).
Managing Director Mr. Fernando said: “Mr. Fumio Otani’s long history of leadership, coupled with his successful track record in leading MNC’s makes him an ideal candidate to steer the company as its Chairman. To his credit he was involved in two power projects in Sri Lanka namely Kukule Ganga and Samanala Wewa large scale hydro projects. I’m confident that with his international exposure we are assured that he will bring in a multinational culture, Japanese investors and FDI opportunities.”