Member of the Supervisory Board (ECB representative)

Education

1987
Master’s degree in Economics, Helsinki School of Economics and Business Administration, Finland
1982
Master’s degree in Law (trained on the bench), University of Helsinki, Finland

Professional career

Since February 2017
Member of the Supervisory Board of the Single Supervisory Mechanism (ECB representative)
Since April 2017
Member of the Steering Committee of the Supervisory Board
2002-17
Deputy Governor, Suomen Pankki – Finlands Bank (2008-17)
Member of the Board, Suomen Pankki – Finlands Bank (2002-07)
2008-17
Alternate, ECB Governing Council
2008-17
Chairman of the Board, Financial Supervisory Authority of Finland
2014
Member of the Supervisory Board of the Single Supervisory Mechanism (Suomen Pankki – Finlands Bank representative)
1998-2001
CEO, Postipankki Ltd. / Leonia Bank / Banking business of Sampo Group
1995-97
CEO, OKOBANK plc (1997)
Executive Director and Member of the Board, OKOBANK plc (1995-96)
1985-95
Finance Director, Outokumpu Corporation (1989-95)
Assistant Financial Manager and Financial Manager, Outokumpu Corporation (1985-88)
1984-85
Diplomat training course and attaché, Ministry for Foreign Affairs of Finland
1983-84
Court training and locum posts for the circuit judge

Other posts

Since April 2017
Chairman of the Board of Directors, OLVI plc
Since April 2017
Chairman of the Board of Directors, FINNVERA Oyj (state Export Credit Agency)
2015-17
Chairman, ESCB Budget Committee
2008-17
Alternate, IMF Board of Governors
2005-17
Member, Economic and Financial Committee, European Commission
2012-15
Chairman, ESCB Committee on Controlling
2010-13
Member, ESCB International Relations Committee
2004-06
Chair and member, External Audit Committee, IMF
2002-03
Member, Banking Advisory Committee, European Commission
2000-01
Member of the Board, Veikkaus Oy
2000-01
Member of the Board, Employers’ Confederation of Service Industries, Finland
2000-01
First Vice-Chairman of the Board, Bankers’ Association in Finland
1999-2001
Vice-Chairman, Helsinki Chamber of Commerce
1998-99
Member of the Board, Helsinki Chamber of Commerce
1991-98
Member of the Board, IS-Yhtymä Oy

Distinctions and awards

2009
The Honour of Commander of the Order of the White Rose of Finland