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HELSINKI - Finnish insurance group Sampo Plc announced changes to its Group Executive Committee (GEC) on Wednesday as Morten Thorsrud officially assumed the role of CEO, according to a company press release.
The company has appointed Ricard Wennerklint as Deputy CEO with expanded responsibilities, while Poul Steffensen, Head of Nordic Industrial, and Tiina Halmesmäki, Chief Legal Officer, have been added to the GEC effective immediately.
Sampo also disclosed that Group CFO Knut Arne Alsaker has resigned but will remain in his role until March 31, 2026, followed by a nine-month advisory period through December 31, 2026. Lars Kufall Beck, currently COO of If P&C, has been appointed as Alsaker’s successor and will join the GEC on April 1, 2026.
The restructuring reflects Sampo’s evolution into a pure property and casualty insurance group, with the company implementing a more operationally focused executive committee. Under this new structure, some responsibilities previously held by the If P&C CEO role will be integrated into the Sampo Group CEO position.
"The next chapter in Sampo’s development is focused on taking advantage of our cutting-edge operational capabilities to drive organic growth across the Nordics and UK," Thorsrud stated in the release.
Continuing GEC members include Thorsrud, Wennerklint, Ingrid Janbu Holthe (Head of Private Nordic), Klas Svensson (Head of Nordic Commercial), and Ville Talasmäki (Group CIO).
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