Marubeni picks executive Masayuki Omoto as new president

Ex-McKinsey employee has experience in trading company's Japan power business

20241127 Marubeni

Masayuki Omoto, right, Marubeni's incoming president and CEO, and Masumi Kakinoki, the Japanese trading company's current president, attend a news conference in Tokyo on Nov. 27. (Sae Kamae)

AKANE OKUTSU, Nikkei staff writer

TOKYO -- Japanese trading company Marubeni announced on Wednesday that Masayuki Omoto will become its new president and CEO from April, stepping up from his current position as managing executive officer.

Omoto began his career with Marubeni, but left for consulting firm McKinsey before returning in 2007. The 55-year-old started out in the company's Power Division and has experience in its foreign operations in places such as Costa Rica and China.

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