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."
Utilize the input text as a context reference, choose the right relationship between 'Hero MotoCorp' and 'Pawan Munjal' from the options.
Options: position held, parent organization, brand, chief executive officer