Tapio Kuula continues as Chairman of Varma’s Supervisory Board

Varma’s Supervisory Board held its constitutive meeting. Tapio Kuula, President & CEO of Fortum Corporation, continues as Chairman of the Supervisory Board, and Martti Alakoski, Chairman of the Finnish Electrical Workers Union, continues as Deputy Chairman. Satu Wrede, Chairman of Metroauto Group’s Board of Directors, was elected as a new Deputy Chairman.

Varma’s Supervisory Board as of 20 May 2014

Chairman: Tapio Kuula, President & CEO, Fortum Corporation
Deputy Chairman: Martti Alakoski, Chairman, Finnish Electrical Workers Union
Deputy Chairman: Satu Wrede, Chairman of the Board of Directors, Metroauto Group Oy
Juri Aaltonen, Chairman, Federation of Special Services and Clerical Employees ERTO
Berndt Brunow, Chairman of the Board, Oy Karl Fazer Ab
Petri Castrén, Chief Financial Officer, Kemira Oyj
Erkki Etola, Managing Director, Etola Oy, Etra Oy and Tiiviste-Group Oy
Stig Gustavson, Chairman of the Board, Konecranes Plc
Tauno Heinola, General Manager, ABB Oy
Tapio Korpeinen, Chief Financial Officer, UPM-Kymmene Corporation
Päivi Kärkkäinen, General Director, Finnish National Opera Foundation
Olli Luukkainen, President, Trade Union of Education in Finland, OAJ
Ilkka Nokelainen, Chief Shop Steward, Stora Enso Oyj
Lauri Peltola, EVP, Global Identity, Country Senior Executive, Finland, Stora Enso Oyj
Hannu Penttilä, Managing Director, Stockmann Plc
Juhani Pitkäkoski, President & CEO, Caverion Corporation
Matti Rihko, CEO, Raisio plc
Pertti Saarela, President & CEO, Finrail Oy
Kari Sairo, Financial Manager, The Finnish Metalworkers’ Union
Mika Seitovirta, President & CEO, Outokumpu Oyj
Saana Siekkinen, Development Director, Service Union United PAM
Jorma J. Takanen, Chairman of the Board, Sievi Capital plc
Arja Talma, Senior Vice President, Store Sites and Capital Expenditure, Kesko Corporation
Leena Vainiomäki, Head of Business Banking, Danske Bank Plc 
Jorma Vehviläinen, Executive Vice President, SOK Business Units, SOK Corporation
Kari Virta, Country Manager, ISS Palvelut Oy
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 largest earnings-related pension insurer and private investor in Finland. The company is responsible for the statutory earnings-related pension cover of more than 860,000 people in the private sector. Premiums written totalled EUR 4.3 billion in 2013 and pension payments stood at EUR 4.8 billion. The company’s investment portfolio amounted to EUR 38.7 billion at the end of March 2014.

For more information, please contact:
Satu Perälampi, Senior Vice-President, Communications, tel. +358 10 244 3075 or +358 40 526 3388