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December 26, 2011
UD Trucks Corporation held a board meeting, approving the change of President. This will be effective after the approval of the General Shareholders' Meeting and the board of directors to be held in March 2012.
| Satoru Takeuchi | |
| New title Vice Chairman and Representative Director | |
| Current title President and Representative Director | |
| Yusuke Sakaue | |
| New title President and Representative Director | |
| Current title Executive Vice President, | |
| Attachment : Yusuke Sakaue Biography | |
| PERSONAL HISTORY OF YUSUKE SAKAUE | |
| (As of December 26, 2011) | |
| Date of Birth: August 24, 1951 | |
| Age: 60 | |
| [ Academic Background ] | |
| March 1974 | Graduated from the Department of Faculty of Economics, The University of Tokyo. |
| [ Career Profile] | |
| June 2007 | Executive Vice President |
| June 2004 | Senior Managing Director |
| April 2004 | Joined Nissan Diesel Motor Co., Ltd.(Current UD Trucks Corporation) as Advisor |
| October 2000 | Managing Director of Mizuho Securities Co., Ltd. |
| April 2000 | Managing Director of IBJ Securities Co., Ltd. |
| March 1999 | Senior Deputy General Manager of Personnel Dept. of The Industrial Bank of Japan |
| June 1995 | Chairman of the Board of Managing Directors of IBJ-NJ (Switzerland) Limited |
| July 1993 | General Manager of Capital Market Dept. 1 of Capital Market Group of IBJ Securities Co., Ltd. |
| April 1974 | Joined The Industrial Bank of Japan Ltd. |
End