Executive Group

Risto Murto

President and CEO

b. 1963
Ph.D. (Econ.)

President and CEO since 2014
Member of the Executive Group since 2006
Joined Varma in 2006

Key work experience:

  • Executive Vice-President, Investments, Varma 2010–2013
  • Senior Vice-President, Chief Investment Officer, Varma 2006–2010
  • Managing Director, Opstock Ltd 2000–2005
  • Director, Opstock Ltd 1997–2000

Positions of trust:

  • e2 Tutkimus, Chairman of the Board 2020–
  • Wärtsilä Corporation, Deputy Chairman of the Board 2021–
  • The Finnish Pension Alliance TELA, I Vice Chairman of the Board 2021–
  • Finance Finland, Member of the Board 2019–
  • Securities Market Association, Member of the Board 2021–
  • Sampo Plc, Member of the Board 2015–
  • Member of the Supervisory Board of the Finnish Cultural Foundation 2020–
  • Member of the Supervisory Board of Finnish National Opera and Ballet 2016–

Pauli Forma

Director, Work Ability Services

b. 1970
Doctor of Political Science, Adjunct Professor, Executive MBA

Executive Group Member since 2020
Joined Varma in 2019

Key work experience:

Finnish Institute of Occupational Health 2017–2019

  • Director, Work Ability and Working Careers
  • Chief Data Officer

Keva 1999–2017

  • Director, Working Life Services
  • Research and Development Director

University of Turku

  • Professor of Social Policy 2004–2007
  • Adjunct Professor 2001–

University of Helsinki

  • Adjunct Professor 2007–

Suvi Hintsanen

Senior Vice-President of Client Services

b. 1967
M.Sc. (Econ.)

Member of the Executive Group since 2019
Joined Varma in 2019

Key work experience:
OP Financial Group, Helsinki 2001–2018:

  • Head of Payments and Daily Banking, Banking
  • Head of Cash Management and Trade Finance, OP Corporate Bank plc
  • Senior Vice President, Business Development, Pohjola Bank plc and OP-Services Ltd
  • Senior Vice President, Customer Relations and Marketing, Pohjola Bank plc and Pohjola Group
  • Business area director, development director and consultant, 1998-2001 TNS Sifo, Stockholm

Tiina Kurki

Senior Vice-President, Pension Services and IT 

b. 1961 
Master of Business Administration

Member of the Executive Group since 2012
Joined Varma in 2012

Key work experience:

  • BCIO International Banking, Nordea Bank Finland Plc 2011–2012
  • Group IT management positions, Nordea Bank Finland Plc 2008–2011
  • Vice President, TietoEnator Oyj 2002–2008
  • Department Manager and Specialist, TietoEnator Oyj 1986–2002Member of the Executive Group since 2012
  • Joined Varma in 2012

Pasi Mustonen

Senior Vice-President, Actuaries

b. 1964 
M.Sc., FASF

Member of the Executive Group since 2004
Joined Varma in 1996

Key work experience:

  • Actuary, Varma 1998–2001
  • Actuary, Sampo Pension 1996–1998

Pekka Pajamo

Senior Vice-President, Finance and Internal Services

b. 1962 
M.Sc. (Econ.)

Member of the Executive Group since 2012
Joined Varma in 2012

Key work experience:
Employment with KPMG Oy Ab 1988–2012:

  • Authorised Public Accountant 1993–2012
  • Partner, 1998–2012

Reima Rytsölä

Deputy CEO, Investments

b. 1969 
M.Soc.Sc., CEFA, AMP

Member of the Executive Group since 2014
Joined Varma in 2014

Key work experience:

  • Senior Executive Vice President, Head of Banking, Pohjola Bank Plc 2008–2013
  • Management and investment positions at Pohjola Bank Plc and its subsidiaries 1998–2007

Katri Viippola

Senior Vice President, HR, Communications and Corporate Social Responsibility

b. 1976
Executive MBA, Master of Arts

Member of the Executive Group since 2016
Joined Varma in 2016

Key work experience:

Keva 2013–2015

  • HR and Administrative Director
  • HR Director

YLE (Finnish Broadcasting Company) 2008–2013

  • Head of Personnel Development
  • HR Manager
  • HR Consultant

Journalist and News Anchor, YLE, YLE News and Aamu-tv morning show 2002–2008
Journalist, YLE, Kuningaskuluttaja programme 2002
Radio host and journalist, Radio YsiYsi 1996–1999
Journalist, Etelä-Suomen Sanomat 1995

Eeva Hautala

Employee Representative since 2016

b. 1963
Bachelor of Social services

Employee Representative since 2016

Joined Varma in 2006

Key work experience:
Pension Adjudication Specialist, Varma 2006–

Mikael Kullström

b. 1989
Bachelor of Business Administration

Employee Representative since 2020

Key work experience:

  • Service Advisor, Varma, 2016–2018
  • Insurance Specialist, Varma, 2019– 

Positions of trust held by the Executive Group