Take context from the input text and decide on the accurate relationship between 'Hero MotoCorp' and 'Pawan Munjal' from the options provided.
Options: parent organization, position held, brand, chief executive officer

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