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Change in Evli Bank Plc's Executive Group

By GlobeNewswire,  February 13, 2019, 02:50:00 AM EDT


Janne Lassila, member of the Executive Group and Head of Institutional Clients at Evli Bank will leave the company and he's place at the Executive Group as of April 1, 2019.

"Janne Lassila has been working for Evli for over 25 years in various roles, mainly in institutional asset management. During the last years, he has been a member of Evli's Executive Group and in charge of Evli's institutional clients, where he has played a key role in growing the business to its current size. I would like to thank Janne for his contribution at Evli and wish him all the best in his future challenges", Maunu Lehtimäki, Evli Bank's CEO comments.

Kim Pessala has been appointed new member of the Executive Group and Head of Institutional Clients as of April 1, 2019. Pessala has previously worked as Managing Director of Evli Fund Management Company Ltd. With this nomination, he will renounce his position as Managing Director of Evli Fund Management Company Ltd.

Evli Bank Plc's Executive Group members as of April 1, 2019:

Maunu Lehtimäki, CEO

Juho Mikola, CFO

Mari Etholén, HR and Legal Affairs

Panu Jousimies, Execution and Operations

Kim Pessala, Institutional Clients

Esa Pensala, Private Clients

Mikael Thunved, Corporate Finance

The contact information of the members of the Executive Group is available on the company's website, www.evli.com/investors


For additional information, please contact:

Maunu Lehtimäki, CEO, Evli Bank Plc, tel. +358 50 553 3000, maunu.lehtimaki@evli.com

Evli Bank Plc

Evli is a bank specialized in investments that helps institutions, corporations and private persons increase their wealth. The product and service offering includes mutual funds, asset management and capital markets services, alternative investment products, investment research, administration of incentive programs and Corporate Finance services. The company also offers banking services that support clients' investment operations. Evli is the highest ranked and most used institutional asset manager in Finland*.

Evli has a total of EUR 11.4 billion in client assets under management (net 12/2018). The Evli Group's equity capital totals EUR 77.4 million and its BIS capital adequacy ratio is 16.2 percent (December 31, 2018). The company has more than 250 employees. Evli Bank Plc's B shares are listed on Nasdaq Helsinki Ltd.

*TNS Sifo Prospera External Asset Management Finland 2015, 2016, 2017, 2018, SFR Scandinavian Financial Research Institutional Investment Services, Finland 2015, 2016, 2017, 2018.

 Distribution:Nasdaq Helsinki Ltd, main media, www.evli.com

This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Evli Pankki Oyj via Globenewswire

This article appears in: News Headlines

Referenced Stocks: EVLI

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