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