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Aktia Bank Abp

Management Reports Oct 22, 2019

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Aktia Bank Plc

Stock Exchange Release

22 October 2019 at 8.00 a.m.

Changes in Aktia’s Executive Committee: Niina Bergring appointed Director of Asset Management

Niina Bergring, M.Sc. (Econ) has been appointed Director for business area Asset Management as of 1 January 2020. She will be a member of Aktia's Executive Committee and report to CEO Mikko Ayub.

Niina Bergring has an extensive background in asset management, most recent as Deputy CEO and Chief Investment Officer at Veritas Pension Insurance Company. During her long career Niina Bergring has held several leading positions in the finance sector and she has versatile experience from international banks, pension companies and foundations.

“Aktia has through its strategy update sharpened its focus on asset management and I am very happy that Niina Bergring will be in charge of our continued efforts within the asset management area. I am convinced that Niina through her valuable background and extensive competence will enable us to reach our ambitious growth targets within asset management”, says Mikko Ayub, CEO of Aktia.

“I am really delighted and enthusiastic over taking over the leadership of business area Asset Management at Aktia, and to manage and develop the business area according to Aktia’s updated strategy. We are living in interesting times: asset management is thriving, and I feel a strong commitment to the challenge of developing the offering and providing asset management expertise to an even larger customer base both in Finland and abroad”, says Niina Bergring. 

In order to speed up the strategy implementation and to further increase operational efficiency, the following changes will be made in the Executive Committee members’ areas of responsibility:

Executive Vice President Juha Hammarén will focus on advancing the Group’s strategic transactions, further develop the bank’s credit portfolio and balance sheet as well as continue as Chairman of the Board of Aktia Life Insurance. Hammarén will also continue as member of the Executive Committee and as Deputy CEO.

HR Director and member of the Executive Committee Anu Tuomolin is appointed Chief Operating Officer (COO) responsible for HR, Business Risk Management, Production Center and Data & Analytics.

The changes in the Executive Committee’s areas of responsibility will enter into force on 1 November 2019.

Master of Social Sciences Petteri Arinen has been appointed Head of Sales for institutional clients within the asset management. He will join the company as of 1 January 2020, at the latest, and report to Niina Bergring, Director for business area Asset Management. Arinen is not a member of the Executive Committee.

Further information:

Mikko Ayub, CEO, tel. +358 10 247 6250

Distribution:

Nasdaq Helsinki Ltd

Central media

www.aktia.com

Aktia provides a broad range of solutions within banking, asset management and personal insurance. Aktia operates mainly in the Finnish coastal areas and inland growth areas. Aktia’s customers are provided services at branch offices and online, through mobile interfaces as well as telephone services. Aktia's share is listed on Nasdaq Helsinki Ltd. For more information about Aktia see www.aktia.com.

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