Mitsubishi Fuso Truck and Bus Corp. announced a top management reshuffle Tuesday, replacing the current Chairman Albert Kirchmann with Vice Chairman Kazuo Matsunaga at the end of the year.

The Kawasaki-based truck maker, a unit of German auto giant Daimler group, said in a statement that Kirchmann will retire on Dec. 31 to be replaced by Matsunaga on Jan. 1.

From 2009 until 2015, Kirchmann served as president and CEO of Mitsubishi Fuso, and since 2013 also as the head of Daimler Trucks Asia. In April 2015 he moved into his current posts, as chairman of both Mitsubishi Fuso and Daimler Trucks Asia.

Matsunaga started his career in 1974 at the former Ministry of International Trade and Industry, which later renamed itself as the Ministry of Economy, Trade and Industry. He was vice minister of Economy, Trade and Industry from 2010 to 2011.