Composition of OP Cooperative's Board of Directors in 2025
On 10 December 2024, the Supervisory Council of OP Cooperative (the central cooperative of OP Financial Group) elected the members of the Board of Directors of OP Cooperative for the term of office from 1 January to 31 December 2025.
Jaana Reimasto-Heiskanen, kauppaneuvos (Finnish honorary title), eMBA (b. 1963) was elected as a new member of the Board of Directors of OP Cooperative.
Jaana Reimasto-Heiskanen has worked as Managing Director in several OP cooperative banks since 2003. Since 2017, she has been the Managing Director of Pohjois-Karjalan Osuuspankki. Her previous positions include Development Manager at OP-Pohjola Group Central Cooperative, and positions in asset management and financingOP services in Lieksan Osuuspankki. She has also been a Board member of OP Retail Customers plc and Pohjola Insurance Ltd.
Reimasto-Heiskanen's CV is appended to this release.
Board member Olli Tarkkanen will step down from the Board after the year 2024. The other current Board members will continue on the Board in 2025: Jarna Heinonen (Professor in Entrepreneurship, Turku School of Economics), Matti Kiuru (Managing Director, Länsi-Suomen Osuuspankki), Katja Kuosa-Kaartti (Authorised Public Accountant, Authorised Sustainability Auditor, Tilintarkastus Kuosa-Kaartti Oy), Kati Levoranta (Executive Vice President, COO, P2X Solutions Ltd), Pekka Loikkanen (board professional), Tero Ojanperä (entrepreneur, board professional), Riitta Palomäki (board professional), Jaakko Pehkonen (rahoitusneuvos (Finnish honorary title); Professor of Economics, University of Jyväskylä), and Petri Sahlström (Professor of Accounting and Finance, University of Oulu). Additionally, in accordance with OP Cooperative's bylaws, Timo Ritakallio (President and Group CEO, OP Financial Group) will serve as a Board member during his term of office.
Each calendar year, the Board elects (from among its members) a Chair of the Board of Directors, a Vice Chair and committee members.
More detailed information on the members of the Board is available on OP Financial Group's website at www.op.fi/op-financial-group/about-us/corporate-governance/board-of-directors.
Media enquiries:
OP Financial Group Communications, tel. 010 252 8719, viestinta@op.fi
OP Financial Group is Finland’s largest financial services group, with more than two million owner-customers and over 14,000 employees. We provide a comprehensive range of banking and insurance services for personal and corporate customers. OP Financial Group consists of OP cooperative banks, its central cooperative OP Cooperative, and the latter's subsidiaries and affiliates. Our mission is to promote the sustainable prosperity, security and wellbeing of our owner-customers and operating region. Together with our owner-customers, we have been building Finnish society and a sustainable future for 120 years now. www.op.fi