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		</div><p>Toyota’s chief executive officer and president, Akio Toyodo, will become its chairman.</p>
<p>He will be replaced as CEO by the car maker’s chief branding officer Koji Sato.</p>
<p>The reshuffle was announced without forewarning, though Toyota had a lively promotional video prepared to highlight Mr Toyoda and Mr Sato’s love for electric vehicles and fast cars.</p>
<p>Mr Sato, 53, has been managing the group’s Lexus brand operations and motor racing.</p>
<p>Mr Toyoda, grandson of Toyota founder Kiichiro Toyoda, took over as CEO in 2009.</p>
<p>As chairman, he will replace Takeshi Uchiamada, who is giving up the title but will remain at the company as a representative director.</p>
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