Board of Directors of OP Corporate Bank plc
Chair
Timo Ritakallio, b. 1962
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President and Group CEO, OP Financial Group
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CEO, OP Cooperative
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LL.M, MBA, D.Sc. (Tech.)
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Board member since 2018
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Executive member dependent on the Company and its major shareholder (OP Cooperative)
Other relevant positions:
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Kesko Corporation, Member of the Board of Directors
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Finance Finland (FFI): Vice Chairman of the Board of Directors
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Finland Chamber of Commerce: Chairman of the Board of Directors
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ICC Finland, Chairman of the Board of Directors
Relevant previous experience:
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Ilmarinen Mutual Pension Insurance Company: President and CEO 2015-2018
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Ilmarinen Mutual Pension Insurance Company: Deputy CEO and CIO 2008-2014
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Pohjola Group (currently OP Corporate Bank Group): Deputy CEO 2006-2008
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OKO Bank (currently OP Corporate Bank plc): Deputy CEO 2001-2005
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OKO Bank (currently OP Corporate Bank plc): EVP 1997-2001
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Opstock Securities Ltd: Managing Director 1993-1997
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Uudenkaupungin Seudun Osuuspankki: Managing Director 1991-1993
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Tampereen Seudun Osuuspankki: Head of Listed Securities Department 1988-1991
Mikko Timonen, b. 1975
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CFO, OP Financial Group
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M.Sc. (Econ. & Bus. Adm.)
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Board member since 2022
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Executive member dependent on the Company and its major shareholder (OP Cooperative)
Other relevant positions:
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Relevant previous experience:
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OP Corporate Bank plc: Head of Corporate Business Control, Corporate Banking, 2019-2022
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OP Cooperative: Head of Banking Business Control 2015-2018
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OP Cooperative, Pohjola Bank plc: Business Controller 2012-2015
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Pohjola Bank plc: Business Development Manager 2008-2012
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Nasdaq Helsinki Oy: various managerial and expert duties 2001-2008
Petteri Rinne, b. 1967
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Managing Director, OP Turun Seutu (Turku District Co-operative Bank)
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M.Sc. (Econ. & Bus. Adm.)
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Board member since 2022
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Executive member dependent on the Company and its major shareholder (OP Cooperative)
Other relevant positions:
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Relevant previous experience:
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Turku District Co-operative Bank, Deputy Managing Director 2012-2021
Tiia Tuovinen, b. 1964
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Chief Legal Officer and Group General Counsel, OP Financial Group
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Employed by OP Financial Group since 2017
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Master of Laws, LL.M. Eur
Other relevant positions:
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Board Member since 2023
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OP Life Assurance Company Ltd, Member of the Board
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Executive member dependent on the Company and its major shareholder (OP Cooperative)
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Suomen Luotto-osuuskunta, Vice Chairman of the Board
Relevant previous experience:
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Telia Company Ab: Various leadership positions at the Legal Affairs since 2008
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TeliaSonera Finland plc: General Counsel, SVP Real Estates and Property Planning, Corporate Security 2003–2008
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Sonera Corporation: Deputy General Counsel, Products and Services, Legal Affairs and Assistant General Counsel, Competition Management and Mobile Operations, Legal Affairs 1999–2003
Other relevant experience:
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Confederation of Finnish Industries: Vice Chair of the Committee of Legal Affairs
Olli Lehtilä, b. 1962
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Managing Director, Uudenmaan Osuuspankki
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London Business School. Senior Executive Programme
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University of Tampere/Tampere University of Technology, eMBA
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Board member since 2023
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Executive member dependent on the Company and its major shareholder (OP Cooperative)
Relevant previous experience:
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OP Financial Group, Deputy to President and Group Chief Executive Officer 2020-2022
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OP Financial Group, Executive Vice President, Insurance Customers 2014-2022
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Pohjola Insurance Ltd, Chief Executive Officer 2014-2022
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Helsinki OP Bank Plc, Managing Director 2011-2014
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Tampereen Seudun Osuuspankki, Managing Director 2006-2010
Other relevant positions:
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Terveystalo, Nomination Board member 2019-2022
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The Federation of Finnish Financial Services (FFI), Chairman of the Non-Life Insurance Board 2022-2022
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The Federation of Finnish Financial Services (FFI), Member of the Non-Life Insurance Board 2015-2021
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Pellervo Economic Research PTT, Member of the Board 2015-2020
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Ilmarinen, Member of the Board 2014-2019
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Insurance Europe Strategic Board, Member 2015-2019
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Unico Banking Group, Member of the Bancassurance Committee 2015-2019
Mikko Vepsäläinen, b. 1976
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Managing Director, Pohjois-Savon Osuuspankki
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LL.M, eMBA
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Board member since 2024
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Executive member dependent on the Company and its major shareholder (OP Cooperative)
Other relevant positions:
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Relevant previous experience:
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Pohjois-Savon Osuuspankki, Deputy Managing Director 2013-2022
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Pohjois-Savon Osuuspankki, Administrative Director 2012-2013
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Pielisen Osuuspankki, Managing Director 2009-2012
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Lieksan Osuuspankki, Managing Director 2008-2009
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Nurmeksen Osuuspankki, Managing Director 2004-2009