Ilmarinen’s CEO to steer company through Etera merger before quitting
Finland’s biggest financial group has poached Ilmarinen’s CEO Timo Ritakallio just as the pensions insurance company begins the work of a major corporate transformation. Sportsman Ritakallio couldn’t resist the challenge when he was approached earlier this year by headhunters for OP Group. But how will the organisation he leaves behind fare without him?
Less than three months after Ilmarinen, the second largest of Finland’s huge pensions insurance companies, announced plans to merge with its smaller rival Etera, it has been revealed that Ilmarinen’s Chief Executive Timo Ritakallio is leaving the company.
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