Supervisory Board

The Supervisory Board’s task is to supervise the corporate governance managed by the company’s Board of Directors and President and CEO. The Supervisory Board also carries out its supervisory task by electing the necessary number of its members at a time to familiarise themselves with the company’s investment and pension decision operations. The Supervisory Board also elects the members of the Board of Directors and the Election Committee and decides on the members’ remuneration.

The General Meeting elects the Supervisory Board’s members, whose maximum number is 30. At least a third of the members must be elected from among the persons nominated by the key central organisations representing employees. At least a sixth of the members must be elected from among the persons nominated by the key central organisations representing employers. In its policy concerning the election and diversity of the Supervisory Board, the Supervisory Board has outlined the requirements that the Supervisory Board must meet. The diversity of the Supervisory Board is examined as a whole. The composition of the Supervisory Board must meet regulatory requirements. The objective is to have both genders represented on the Supervisory Board.

The term of office of the Supervisory Board members is three years, and at most a third of the members are due to resign annually.

The Supervisory Board elects a chairperson and two deputy chairpersons from among its members. Either the chairperson or one of the deputy chairpersons shall be a person nominated by representatives of the insured. If the person nominated by the representatives of the insured is not elected as the chairperson, this person shall act as the primary deputy to the chairperson.

Ilmarinen’s Supervisory Board

Chairman

• Ilkka Hämälä, b. 1961, CEO, Metsä Group, term expires in 2026

Deputy Chairmen

• Juhapekka Joronen, b. 1971, Chair of the Board, SOL Palvelut Oy, term expires in 2026
• Salla Luomanmäki, b. 1963, Member of the Board, Confederation of Unions for Professional and Managerial Staff in Finland – Akava, term expires in 2025

Members

• Markus Ainasoja, b. 1967, Personnel Manager, The Finnish Construction Trade Union, term expires in 2026
• Bianca Brink, b. 1960, term expires in 2026
• Elina Engman, b. 1970, term expires in 2025
• Eero Hautaniemi, b. 1965, President and CEO, Lassila & Tikanoja Plc, term expires in 2025
• Maija Jokela, b. 1977, Managing Director, Ramboll Finland Ltd, term expires in 2027
• Jari Jokinen, b. 1967, CEO, Academic Engineers and Architects in Finland, term expires in 2027
• Turkka Kuusisto, b. 1979, CEO, Finnair Oyj, term expires in 2024
• Matti Lehmus, b. 1974, term expires in 2025
• Juha Laurio, b. 1972, President and CEO, Lindström Oy, term expires in 2025
• Heidi Lehikoinen, b. 1983, CEO, Service Union United PAM, term expires in 2025
• Turja Lehtonen, b. 1970, Vice Chairman, Industrial Union, term expires in 2027
• Veli-Matti Liimatainen, b. 1969, CEO, Helsinki Cooperative Society Elanto, term expires in 2025
• Topi Manner, b. 1974, President and CEO, Elisa Oyj, term expires in 2027
• Jukka Moisio, b. 1961, President and CEO, Nokian Tyres Plc, term expires in 2027
• Heidi Nieminen, b. 1979, Chairman, The Finnish Post and Logistics Union PAU, term expires in 2026
• Matti Peltola, b. 1962, Managing Director, Trade Association of Finnish Forestry and Earthmoving Contractors, term expires in 2026
• Minea Pyykönen, b. 1967, Director of Service sector, Trade Union Pro, term expires in 2026
• Riitta Savonlahti, b. 1964, Executive Vice President, Human Resources, UPM-Kymmene Corporation, term expires in 2025
• Niko Simola, b. 1974, Director, Public sector, Trade Union Pro, term expires in 2027
• Minttu Sinisalo, b. 1980, Chief Human Resources Officer, Terveystalo Plc, term expires in 2025
• Susanne Skippari, b. 1974, term expires in 2027
• Pauliina Tenhunen, b. 1966, Partner, Castrén & Snellman, term expires in 2025
• Jore Tilander, b. 1965, Executive Director, The Association of Finnish Lawyers, term expires in 2026
• Antti Vasara, b. 1965, President and CEO, VTT Technical Research Centre of Finland Ltd, term expires in 2026
• Heikki Vuorenmaa, b. 1981, President and CEO, YIT Corporation, term expires in 2027
• Jari Välikangas, b. 1958, Chairman, Finnish Transport and Logistics SKAL, term expires in 2026
• Pirjo Väänänen, 1971, Head of Social Affairs, The Central Organisation of Finnish Trade Unions SAK, term expires in 2027

Supervisors of Pension Decision Operations

Members

• Matti Peltola
• Minea Pyykönen
• Elina Engman
• Juhapekka Joronen
• Turkka Kuusisto
• Jore Tilander

Deputy members

• Markus Ainasoja
• Salla Luomanmäki
• Pauliina Tenhunen
• Susanne Skippari
• Minttu Sinisalo
• Antti Vasara

Supervisors of Investment Operations

Members

• Turja Lehtonen
• Veli-Matti Liimatainen
• Riitta Savonlahti
• Jari Jokinen
• Eero Hautaniemi
• Pirjo Väänänen

Deputy members

• Jukka Moisio
• Heikki Vuorenmaa
• Bianca Brink
• Topi Manner
• Juha Laurio
• Heidi Lehikoinen

Information about Ilmarinen’s Supervisory Board’s activities

More information about the Supervisory Board’s activities is available here (in Finnish).