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."
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