President and CEO

b. 1951, LL.M., B.A.

Key work experience:

Full-time Chairman of the Board of Directors, Fortum Corporation 1998–2003; Secretary General, Ministry of Trade and Industry 1992–1998

Vice Chairman of the Board of Sampo Plc; First Vice Chairman of the Board of the Finnish Pension Alliance TELA; member of the Boards of Stora Enso Oyj, Wärtsilä Corporation and the Federation of Finnish Financial Services; and Chairman of the Board of the Securities Market Association

President and CEO 2004–2013

Executive Vice President
Deputy CEO
Chief Investment Officer

b. 1963, Ph.D. (Econ.)

Key work experience:

Senior Vice-President, Chief Investment Officer, Varma 2006–2010; Managing Director, Opstock Ltd 2000–2005; Director, Opstock Ltd 1997–2000

Chairman of the Boards of NV Kiinteistösijoitus Oy and VVT Kiinteistösijoitus Oy; Vice Chairman of the Boards of Kaleva Mutual Insurance Company and VVO-yhtymä Oyj; member of the Board of Nokian Tyres Plc 

Member of the Executive Group since 2006

On 22 August 2013, Varma’s Board of Directors appointed Risto Murto President and CEO effective 1 January 2014.

Senior Vice-President, Insurance Services and Development

b. 1958, M.A. 

Key work experience:

Director, Insurance and Major Clients, Varma 2006–2007; Insurance Director, Varma, 2002–2006; Department Manager, Insurance Technique, Varma 1998–2002; Department Manager, Insurance Technique, Pension-Varma 1995–1998

Member of the Boards of the Finnish Centre for Pensions, Foundation for the Advancement of Insurance Skills and Finnish Financial and Insurance Publishing Ltd FINVA

Member of the Executive Group since 2007

Senior Vice-President, Administration

b. 1962, LL.D., M.Sc. (Econ.)

Key work experience:

Ministerial Adviser, Ministry of Finance 2004–2005; Ministerial Adviser, Ministry of Transport and Communications 2003–2004; Legal Counsel, KLegal Oy 2003; Legal Counsel, Varma-Sampo 2001–2002: Ministerial Adviser, Ministry of Trade and Industry 1996–2000

Chairman of the Accounting Board and Chairman of the Board of Osakevarma Oy

Member of the Executive Group since 2007

Senior Vice-President, IT

b. 1961, Master of Business Administration

Key work experience:

BCIO, Nordea Bank Finland Plc 2011–2012; Group IT management positions, Nordea Bank Finland Plc, 2008–2011; Vice President, TietoEnator Oyj 2002–2008; Department Manager and Specialist, TietoEnator Oyj 1986–2002

Chairman of the Board of Tieto Esy Ltd; deputy member of the Board of Arek Oy

Member of the Executive Group since 2012

Senior Vice-President, Client Services

b. 1970, LL.M.

Key work experience:

Head of Household Customers and Group Marketing, Nordea Bank Finland Plc 2010–2012; Head of Business, TrygVesta/Nordea General Insurance 2003–2010; Vice President, Tryg Forsikring A/S/Nordea General Insurance 2001–2003; Legal Counsel and Claims Manager, AIG Europe S.A. Finland 1999–2001; Lawyer, Sampo Insurance Company 1996–1999; Federation of Finnish Financial Services, member of the non-life insurance committee 2006–2010; Nordea Investment Fund Company Finland Ltd, Board member 2010–2011

Member of the Board of Kaleva Mutual Insurance Company

Member of the Executive Group since 2012

Senior Vice-President, Actuaries

b. 1964, M.A., FASF

Key work experience:

Actuary, Varma 1998–2001; Actuary, Sampo Pension 1996–1998

Member of the representatives of the Finnish Centre for Pensions

Member of the Executive Group since 2004

Senior Vice-President, Finance

b. 1962, M.Sc. (Econ.)

Key work experience:

Employment with KPMG Oy Ab 1988–2012: Authorised Public Accountant 1993–2012, partner 1998–2012

Vice Chairman of the Boards of Arek Oy and the Finnish National Theatre Ltd.; member of the Boards of the Finnish National Opera Foundation and Varman kiinteistöyhtiöt

Member of the Executive Group since 2012

Senior Vice-President, Communications

b. 1970, M.Sc. (Econ.)

Key work experience:

Vice President, Corporate Communications and Investor Relations, Pöyry Plc 2007–2009; Investor Relations Manager, Pöyry Plc 2000–2007

Member of the Executive Group since 2009

Senior Vice-President, Pension Services

b. 1966, LL.M.

Key work experience:

Department Manager, Varma 1999–2006; Legal Counsel, Pension Sampo 1996–1998

Member of the Board of Tieto Esy Ltd 

Member of the Executive Group since 2007

Employee Representative

b. 1974, BBA

Key work experience:

TyEL contribution expert, Varma 2005–

Member of the Executive Group since 2010

Employee Representative

b. 1974, BBA

Key work experience:

Lead Designer, Pension Services, Varma 2009–; Software Development Manager, Project Manager, TietoEnator Esy 1998–2009

Member of the Executive Group since 2012