New members elected to Varma’s Board of Directors
In its meeting on 27 November 2019, Varma’s Supervisory Board elected three new members to the company’s Board of Directors.
New members elected to Varma’s Board of Directors effective 1 January 2020 are: Saana Siekkinen, Director, Central Organisation of Finnish Trade Unions SAK; and Mari Walls, President, Tampere University. In addition, Timo Saranpää, Chairman of the Board, Finnish Business School Graduates, was elected as a deputy member effective 1 January 2020.
Board member Johanna Ikäheimo and deputy members Eija Hietanen and Liisa Leino will end their terms on 31 December 2019.
Of the members whose terms expired, Eila Annala, Managing Director, PlusTerveys Oy; Jari Paasikivi, Chairman of the Board, Oras Invest Ltd; and Pekka Piispanen, Director, Akava, will continue on Varma’s Board of Directors. Risto Penttinen, SVP, Fortum Corporation, will continue as a deputy member. The current Board member Ilkka Oksala, Director, Confederation of Finnish Industries EK, will become a deputy member.
The members of Varma’s Board of Directors as of 1 January 2020
- Riku Aalto, President, Industrial Union
- Eila Annala, Managing Director, PlusTerveys Oy
- Rolf Jansson, President & CEO, VR Group
- Ari Kaperi, Chief Risk Officer and Country Senior Executive for Finland, Nordea Bank Abp
- Jyri Luomakoski, President & CEO, Uponor Corporation
- Petri Niemisvirta, CEO, Mandatum Life Insurance Company Ltd
- Jari Paasikivi, Chairman of the Board, Oras Invest Ltd
- Antti Palola, President, Finnish Confederation of Professionals STTK
- Pekka Piispanen, Director, Akava
- Saana Siekkinen, Director, Central Organisation of Finnish Trade Unions SAK
- Kai Telanne, President and CEO, Alma Media Corporation
- Mari Walls, President, Tampere University
- Ilkka Oksala, Director, Confederation of Finnish Industries EK
- Risto Penttinen, SVP (Strategy, People and Performance), Fortum Corporation
- Timo Saranpää, Chairman of the Board, Finnish Business School Graduates
The Board will select a Chairman and two Deputy Chairmen from among its members at its meeting on 19 December.
The Supervisory Board decided to keep the Board’s annual and meeting remuneration the same. The annual remuneration for the Chairman of the Board is EUR 47,250, for the Deputy Chairmen EUR 33,600, for Chairman of the Audit Committee EUR 33,600, for the members EUR 18,900, and for the deputy members EUR 13,650. The remuneration paid for attending each meeting is EUR 600.
Saana Siekkinen, Deputy Chairman of the Supervisory Board who was elected to the Board of Directors, announced her resignation from the Supervisory Board as of 1 January 2020. Petri Vanhala, President of the Finnish Paperworkers’ Union, was elected to replace her as Deputy Chairman of the Supervisory Board.
Katri Viippola, SVP, HR, Communications and Corporate Social Responsibility, tel. +358 400 129 500
Varma Mutual Pension Insurance Company is a responsible and solvent investor. The company is responsible for the statutory earnings-related pension cover of some 900,000 people in the private sector. Premiums written totalled EUR 5.1 billion in 2018 and pension payments stood at EUR 5.7 billion. Varma’s investment portfolio amounted to EUR 47.4 billion at the end of September 2019.
Subscribe to releases from Varma
Subscribe to all the latest releases from Varma by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Varma
Varma vuokraa Eläketurvakeskukselle toimitilan Kalasataman Kampuksesta16.1.2020 09:06:17 EET | Tiedote
Varma ja Eläketurvakeskus ovat allekirjoittaneet pitkäaikaisen vuokrasopimuksen toimitilasta Kalasataman Kampuksessa.
Jari Paasikivi continues as Chairman of Varma’s Board of Directors19.12.2019 12:08:36 EET | Press release
At its meeting on 19 December 2019, Varma’s Board of Directors decided that Jari Paasikivi, Chairman of the Board of Oras Invest Oy, will continue as Chairman of the Board effective 1 January 2020.
Jari Paasikivi fortsätter som styrelseordförande i Varma19.12.2019 12:08:11 EET | Tiedote
Varmas styrelse har på sitt möte 19.12.2019 omvalt Oras Invest Ab:s styrelseordförande Jari Paasikivi till styrelseordförande från och med 1.1.2020.
Jari Paasikivi jatkaa Varman hallituksen puheenjohtajana19.12.2019 12:00:14 EET | Tiedote
Varman hallitus päätti kokouksessaan 19.12.2019 valita Oras Invest Oy:n hallituksen puheenjohtajan Jari Paasikiven jatkamaan hallituksen puheenjohtajana 1.1.2020 alkaen.
Varma joins global alliance that aims to phase out the use of coal11.12.2019 13:50:41 EET | Press release
Varma is the first Finnish company to join the Powering Past Coal Alliance (PPCA), which is working to advance the transition away from coal power generation.
Varma mukaan kansainväliseen hiilen alasajoa edistävään aloitteeseen11.12.2019 13:43:22 EET | Tiedote
Varma liittyy ensimmäisenä suomalaisena yrityksenä mukaan PPCA-aloitteeseen (Powering Past Coal Alliance), jonka tarkoitus on edistää luopumista hiilivoimasta.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom