English

Jukka Forsström appointed Head of Group Treasury for Metsäliitto Group

Report this content 
Metsäliitto Group                        STOCK EXCHANGE ANNOUNCEMENT


                                         20.12.2006 1 p.m.


JUKKA FORSSTRÖM APPOINTED HEAD OF GROUP TREASURY FOR METSÄLIITTO GROUP

Metsäliitto Group Treasury (Metsä Finance) will take on a bigger role from 2007.
The current Head of Metsäliitto Group Internal Audit, Jukka Forsström (48), has
been appointed the new Head of Group Treasury as of 1 February 2007.

"Metsäliitto Group Treasury will take on a bigger role next year. In addition to
its present tasks, Group Treasury will also deal with wider cash management
issues, Group receivable management and trade finance. As the Treasury's role
changes we have decided to bring in more experience by appointing Jukka Forsström
as Head of Group Treasury," says Ilkka Pitkänen, CFO, Metsäliitto Group.

Jukka Forsström, M.Sc. (Econ.), has headed internal audit since 2005, and has
previously held the positions of Metsä-Botnia's CFO and Head of Group Treasury
for Elcoteq. He will report to Ilkka Pitkänen, CFO, Metsäliitto Group and will
also take on the legal role as Managing Director of Metsä Finance.

The current Managing Director of Metsä Finance, Aapo Nikunen, will leave the
company on 1 February 2007 to continue his studies.

Further information:
Ilkka Pitkänen, Group CFO, Metsäliitto, tel. +358 10 469 4271
Lauri Peltola, Group CCO, Metsäliitto, tel. +358 50 570 5606


Metsäliitto is the tenth largest forest industry group in the world with sales of
EUR 8.6 billion and 30,000 employees. Its five business areas include wood
supply, wood products industry, pulp, paper and board, and tissue and cooking
papers. The Group's parent company Metsäliitto Cooperative and subsidiaries Metsä-
Botnia, M-real and Metsä Tissue operate in 30 countries. www.metsaliitto.com

Subscribe