In the context of the input sentence, determine the relationship between 'Hero MotoCorp' and 'Pawan Munjal'.
Options: chief executive officer, position held, brand, parent organization

Welcoming the rate cut by RBI, Hero MotoCorp Chairman and MD Pawan Munjal said: "It has come at an opportune time as it will help in raising customer sentiment during the festival season."
chief executive officer