The Market Monitor Minding the Nation's Business
Mitsubishi Motors Philippines Corporation (MMPC) appointed Noriaki Hirakata as its first-ever chairman of the board effective July 1, reflecting MMPC’s stronger commitment to enhancing corporate governance and driving sustainable business growth.
Hirakata is concurrently holding the position of assistant xxecutive officer in the head office at Mitsubishi Motors Corporation in Japan. He is responsible for corporate strategy management which will allow him to perform closer coordination between MMC and MMPC to guarantee smooth execution of business plans for the Philippines.
As MMPC chairman, Hirakata will oversee implementation of strategic business plans by the executive management committee in order to further solidify the brand’s position as market leader in the Philippines. On the other hand, the management of the day-to-day operations of the company will remain to be MMPC president and CEO’s responsibility.
MMPC is one of the country’s leading automotive assemblers and distributors and the longest staying automotive company in the Philippines. Occupying a 23ha plant in Sta. Rosa, Laguna, MMPC’s manufacturing plant has a maximum production capacity of 50,000 units of Mirage, Mirage G4 and L300.