Former chairman Osamu Masuko has passed away, says Mitsubishi Motors

Ex-Chairman of Mitsubishi Motors Osamu Masuko. Credit: AFP

Mitsubishi Motors Corp's former chairman, Osamu Masuko, died from "cardiac insufficiency" on August 27, the Japanese automaker said in a statement on Monday. He was 71.

Masuko, a veteran of the Mitsubishi conglomerate, had just weeks ago resigned as chairman citing health reasons. He joined Mitsubishi Motors in 2004 and became president in 2007, and oversaw the creation of the partnership between Mitsubishi and Nissan Motor Co.