Board and its committees

OmaSp's Board of Directors

The Board of Directors has the overall responsibility for OmaSp’s management and for ensuring that the activities are properly organised. The Board of Directors has adopted written rules of procedure in which it determines the matters falling within its duties. The Board of Directors adopts the principles concerning the bank’s strategy, organisation, accounting, and finances control. The Board of Directors also appoints OmaSp’s CEO. The CEO is responsible for implementing the bank’s strategy and for the day to day administration of the bank in accordance with the instructions and specifications of the Board of Directors.

The Board of Directors of OmaSp must have a minimum of five (5) and a maximum of eight (8) ordinary members and a maximum of two (2) deputy members. The Board members are elected for a term expiring at the close of the Annual General Meeting following the election. The Board of Directors elects a Chairman from among its members to serve for the duration of the term of the Board and one (1) to two (2) Vice Chairmen.

Charter of the Board of Directions of OmaSp

Introduction of the Board of Directors

Jarmo Salmi

Chairman of the Board since 2019

b. 1963

Working history: Jarmo Salmi has been a member of OmaSp’s Board of Directors since 2014. Mr Salmi has been the managing partner of Asianajotoimisto Jarmo Salmi Oy since 2014 and an attorney-at-law and a general partner of Asianajotoimisto Lasse Salmi Ky between 1991 and 2014. In addition, Mr Salmi has been the Vice Chairman of the Board of Directors of Kiinteistö Oy Kosken-Keskus since 2014 and a member of the Board of the Finnish Bar Association between 2012 and 2015. Mr Salmi holds a Master of Laws.

Jyrki Mäkynen

Debuty Chairman of the Board since 2014

b. 1964

Working history: Jyrki Mäkynen has been Vice Chairman of OmaSp's Board of Directors since 2014 and served as Chairman of the Board in 2009–2014. Mäkynen has been an entrepreneur at Oy HM Profiil Ab since 1992 and as Sales Director of Oy HM Profiili Ab in 1992–2002 and as CEO since 2003. In addition, Mäkynen has served as Chairman of the Board of Suomen Yrittäjät ry since 2020, and as Chairman of the Board of Suomen Yrittäjät ry in 2014-2020, Southern Ostrobotnia University Foundation since 2010, as well as a member of the Board of Fennia Insurance since 2017, Seinäjoki Joint Municipal Authority for Education Sedu since 2017, Entrepreneur Day Foundation since 2014, SMEunited since 2014, Seinäjoki University of Applied Sciences since 2013, and a member of the Seinäjoki City Council since 2004. Mäkynen holds a Master of Science in Economics.

Aila Hemminki

Member of the Board since 2017

b. 1966

Working history: Aila Hemminki has worked as a change of ownership expert for Southern Ostrobothnia Entrepreneurs since 2018. Hemminki established the Vauvatarvike Huvikumpu Ky (today Hevihill ky) in 1990 and worked as a shop trader until 2008. Since then, entrepreneurship has included management of rental properties. Aila Hemminki has held various positions at the Savings Bank Foundation of Kuortane during 2009-2017. He has been a deputy member of the Board of Hemimotors Oy since 1999 and a member of the Board of Directors of Into Seinäjoki since 2017. Jaskari holds a Master of Economic Sciences.

Aki Jaskari

Member of the Board since 2014

b. 1961

Working history: Aki Jaskari has been the CEO of Nerkoon Höyläämö Oy since 1995. In addition, Mr Jaskari has been a member of the Advisory Board of Leppäkosken Sähkö Oy since 2001 and a member of the Regional Advisory Board of Pohjola Insurance between 2001 and 2015. Mr Jaskari holds a Master of Economic Sciences.

Timo Kokkala

Member of the Board since 2014

b. 1960

Working history: Timo Kokkala has been a farm operator since 1989. In addition, Kokkala has served as Chairman of the Board of Hauhon Säästöpankki in 1998-2008 and of Kantasäästöpankki Oy in 2009-2014, as a member of the Supervisory Board of the Savings Bank Association in 2012-2014. Mr Kokkala holds a Master of Science in Agriculture and Forestry.

Heli Korpinen

Member of the Board since 2014

b. 1965

Working history: Heli Korpinen has been a senior lecturer at Saimaa University of Applied Sciences since 2016. Her previous positions at the institute include a degree programme manager between 2012 and 2015 and a lecturer between 2009 and 2011. Ms Korpinen has also been a lecturer at South Karelia Joint Municipal Authority for Education, South Karelia University of Applied Sciences between 2007 and 2008, before which she was manager of the ICT Center between 2006 and 2007, a project manager between 1999 and 2006, and a lecturer between 1996 and 1999. In addition, Ms Korpinen has been a member of the Board of Kampusravintolat Oy since 2015. Ms Korpinen holds a Master of Social Sciences.

Jaana Sandström

Member of the Board since 2019

b. 1963

Working history: Jaana Sandström is Professor of Strategic Management Accounting at LUT University and Vice Rector for Education. Prior to her period as Deputy Rector, she served as Dean of the LUT University School of Economics in 2009-2014. Prior to her academic career, Sandström worked in the forest industry in 1987-1991. The most important of the current positions of trust are the second Vice Chairman of the Board of Foundation for Economic Education and the Chairman of the Steering Group on the selection of diploma engineers and architects. Sandström has served as a member of the Board of the South Karelian Cooperative in 2013-2019 and as a member of EPAS Accreditation Board of the European Foundation for Management Development (EFMD). In academic positions of trust, Sandström has worked as an opponent, evaluator of scientific articles and conferences and as an expert in the field of professorships since 2000. Sandström holds a Doctor of Science (Technology).

OmaSp's Board of Directors are independent from the bank, and all members of the Board of Directors are independent from the company’s major shareholders.

The members of the OmaSp's Board of Directors or Management Team or the CEO do not have, in addition to the above, any conflicts of interest between their duties in the Company and their private interests or other duties. There are no family relations between the members of the Board of Directors and the Management team.

The Board of Directors

OmaSp's Board of Directors

OmaSp's Board of Directors

Introduction of the Board of Directors

Audit Committee and Remuneration Committee

The Board of
Directors