The Board of Directors

The Board of Directors has overall responsibility for the company’s governance and the appropriate arrangement of its operations. The Board has approved written rules of procedure for itself, which define the matters that must be discussed by the Board. The Board of Directors confirms the principles concerning the company’s strategy, organization, accounting and asset management supervision. It also appoints the CEO, who is responsible for the implementation of the company’s strategy and management of its day-to-day affairs in accordance with the instructions and orders given by the Board.

 

According to the company’s Articles of Association, the Board of Directors comprises one to nine ordinary members and at least one deputy member, if fewer than three ordinary members are elected to the Board of Directors. The term of office of the members and deputy members of the Board of Directors ends at the end of the Annual General Meeting following their election. The Board elects a Chairperson from among its members.

 

Vincit Plc does not follow the governance code for Finnish listed companies (Corporate Governance 2015), which applies to companies listed in Nasdaq Helsinki ("Governance Code"), but the Board of Directors has nevertheless evaluated the independence of its members from the company and major shareholders in accordance with the Governance Code. Based on the independent evaluation, all Board members are independent of major shareholders and the company.

 

Composition of the Board of Directors

Artti Aurasmaa, Chairman

  • b. 1975
  • Member of the Board since 2017

Antti Aurasmaa, M.Sc. (Econ.), is the CEO of Ropo Capital Oy. Before managing Ropo Capital Oy, Antti has served as CEO of Stella Care Oy and CEO, COO and CFO of 3 Step IT Group Oy. Antti is a member of the Board of Directors of YTK (General Unemployment Fund).

 

Kirsi Piha

  • b. 1967
  • Member of the Board since 2018

Kirsi Piha, M.Sc. (Econ.), is the founder, owner and Chairwoman of the Board of strategic communications agency Ellun Kanat. Kirsi has an impressive background in politics until 2003, after which she was a journalist and author before starting her own business in 2006. Kirsi is also known for her Konflikti päivässä (A Conflict a Day) book published last year.

 

Eka Ruola

  • b. 1970
  • Member of the Board since 2017

Eka Ruola is CEO and Executive Creative Director of hasan & partners Group. Before his stint as CEO of hasan & partners, Eka has worked as Executive Creative Director at TBWA/Helsinki and hasan & partners. Eka is a member of the Boards of MTL, Aamu Säätiö and HopLop Oy and Chairman of the Boards of hasan & partners Group members customer insight agency Frankly Partners and communications agency hasan communications.

 

Pekka Vähähyyppä

  • b. 1960
  • Member of the Board since 2019

Pekka Vähähyyppä, M.Sc. (Econ.) and eMBA, has served as the CFO of Finnair Oyj since 2015. Prior to joining Finnair, he was employed by Stockmann Oyj in 2000–2015, most recently as CFO of the company. Before that, he held various financial administration and management positions, including in the Nordic subsidiaries of Nestlé, OKO-Venture Capital and A-lehdet.

 

Up next Executive Team