Kari Jordan continues as Chairman of Varma’s Supervisory Board

Varma’s Supervisory Board held its constitutive meeting on 17th May. Kari Jordan, the CEO of Metsä Group, continues as Chairman of the Supervisory Board, and Satu Wrede, Chairman of the Board of Directors of Metroauto Group Oy, is the Deputy Chair. Saana Siekkinen, Director of the Central Organisation of Finnish Trade Unions (SAK) was elected as the new Deputy Chair of the Supervisory Board.

At the same meeting, Eija Hietanen, Administrative Director of the Central Organisation of Finnish Trade Unions (SAK), was elected as the Deputy Chair of Varma’s Election Committee. Chairman of the Supervisory Board Kari Jordan acts as the Chairman of the Election Committee. The other members of the Election Committee are: Jari Paasikivi (CEO of Oras Invest Oy; Chairman of Varma’s Board of Directors), Antti Palola (President, Finnish Confederation of Salaried Employees [STTK]; Deputy Chairman of Varma’s Board of Directors), Pekka Piispanen (Director, Akava ry; member of Varma’s Board of Directors) and Kai Telanne (President & CEO, Alma Media Oyj; Deputy Chairman of Varma’s Board of Directors).

Varma’s Supervisory Board as of 17 May 2017

Chairman: Kari Jordan, President & CEO, Metsä Group
Deputy Chair: Saana Siekkinen, Director, Central Organisation of Finnish Trade Unions (SAK)
Deputy Chair: Satu Wrede, Chair of the Board of Directors, Metroauto Group Oy

Juri Aaltonen, Chairman, Federation of Special Service and Clerical Employees (ERTO)
Petri Castrén, CFO, Kemira Oyj
Erkki Etola, Chairman of the Board, Etola Oy and Etra Oy; and Managing Director, Tiiviste-Group Oy
Stig Gustavson
Olavi Huhtala, EVP & Head of SSAB Europe
Juha Häkkinen, Executive Manager of MMA, the Union of Sales and Marketing Professionals
Erkki Järvinen, President and CEO, Tikkurila Group
Jukka Jäämaa, Country Manager, ISS Palvelut Oy
Niina Koivuniemi, Organisation Director, Service Union United PAM
Ville Kopra, CEO, Versowood Oy
Tapio Korpeinen, CFO, UPM-Kymmene Corporation; and Executive Vice President, UPM Energy
Timo Koskinen, Senior Vice President, Human Resources, VR Group Ltd.
Päivi Kärkkäinen, General Director, Finnish National Opera and Ballet
Jari Latvanen, President and CEO, HKScan Corporation
Päivi Leiwo, Chair of the Board of Directors, Oilon Group Oy
Olli Luukkainen, President, Trade Union of Education in Finland (OAJ)
Ilkka Nokelainen, HR project employee, Stora Enso Oyj
Lauri Peltola, Senior Vice President, Kesko Corporation
Risto Penttinen, SVP, Strategy, People and Performance, Fortum Oyj
Jari Suominen, Executive Vice President, Division Wood Products, Stora Enso Oyj
Leena Vainiomäki, Head of Business Banking, Finland, Danske Bank Plc
Jorma Vehviläinen, Executive Vice President, SOK Corporation
Christoph Vitzthum, President & CEO, Fazer Group
Anssi Vuorio, Head of ICT and Communication Sector, Trade Union Pro
Göran Åberg, Managing Director, Oy Schenker East Ab

Varma Mutual Pension Insurance Company is the most solvent earnings-related pension company and largest private investor in Finland. The company is responsible for the statutory earnings-related pension cover of some 873,000 people in the private sector. Premiums written totalled EUR 4.7 billion in 2016 and pension payments stood at EUR 5.3 billion. Varma’s investment portfolio amounted to EUR 44.4 billion at the end of March 2017.

Additional information:
Hanna Leskelä, Communications Manager, tel. +358 40 703 5164 firstname.lastname@varma.fi

Varma’s governance


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