Ville-Veikko Laukkanen appointed as Varma’s Senior Vice-President, Client Services

Laukkanen will be transferring to Varma from Nordea where he has been working as the bank's Head of Household Customers and Group Marketing in Finland.

"Laukkanen's strong experience in banking and insurance as well as in managing distribution channels and electronic sales channels will strengthen Varma's leadership and improve our company's capability to serve and support our client organisations," says President and CEO Matti Vuoria.

Hannu Tarvonen, acting Executive Vice-President, Client Services, will retire by agreement at the end of 2012. His entire career has been dedicated to supervisory positions in sales within the non-life insurance and earnings-related pension sector.

Varma Mutual Pension Insurance Company is the largest earnings-related pension insurer and investor in Finland. The company is responsible for the statutory earnings-related pension cover of some 870,000 people. Premiums written totalled EUR 4.0 billion in 2011 and pension payments stood at EUR 4.2 billion. The company's investment portfolio amounted to EUR 33.9 billion at the end of March 2012.

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

Attachments:
Ville-Veikko Laukkanen's CV

www.varma.fi