HELSINKI - Finnvera Oyj (69BL), the official Export Credit Agency of Finland, has announced significant personnel changes to its Board of Directors, effective today. Jan Vapaavuori, LL.M., will take over as the new Chairman of the Board, succeeding the former Chairman Petri Ekman. Additionally, Pia Santavirta, LL.M., the CEO of Finnish Industry Investment Ltd., has been appointed as a new member of the Board.
The appointments were made by the State of Finland, Finnvera's sole shareholder, represented by the Ministry of Economic Affairs and Employment. Alongside the new appointments, Jan Hjelt will continue in his role as First Vice Chair, and Mikko Spolander will maintain his position as Second Vice Chair. Board members Hannu Jaatinen, Eila Kreivi, Anne Nurminen, and Elina Piispanen will also continue their service.
Former board member Petri Viertiö has stepped down in addition to Ekman. The reconstituted Board will serve until the end of the 2025 Annual General Meeting.
Finnvera plays a crucial role in supporting the start, growth, and internationalization of Finnish enterprises by offering loans, guarantees, and export financing services. The company shares the risks involved in financing with other providers to enhance the competitiveness and operational capacity of Finnish businesses.
This update on Finnvera's Board of Directors is based on a press release statement issued by the company. Finnvera emphasizes that it is dedicated to strengthening the economic fabric of Finland through its specialized financing services and risk management for export-related activities.
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