OP Cooperative held its Annual Cooperative Meeting in Helsinki on 19 March 2015. The Meeting adopted the financial statements for 2014, discharged those accountable from liability and elected persons as required.
Supervisory Board
As proposed by OP Financial Group's Nomination Committee, the Meeting elected the following persons to the Supervisory Board for a three-year term ending in 2018:
Seppo Kietäväinen (Suur-Savon OP-liitto), Jaakko Korkonen (Etelä-Pohjanmaan OP-liitto), Petri Krohns (Kaakkois-Suomen OP-liitto), Jukka Kääriäinen (Pohjois-Savon OP-liitto) and Juha Pullinen (Varsinais-Suomen OP-liitto).
In addition, Sirkka Keuru (Satakunnan OP-liitto) was elected for the remaining term of 2015-17 to replace Marita Marttila, who had requested resignation from the Supervisory Board,
On the basis of the capital adequacy of member cooperative banks, the following members were elected to the Supervisory Board for a three-year term ending no later than 2018.
Jari Anttila (Lapin OP-liitto), Ilmo Aronen (Satakunnan OP-liitto), Kalle Arvio (Pohjois-Pohjanmaan OP-liitto), Tapani Eskola (Kaakkois-Suomen OP-liitto), Jarna Heinonen (Varsinais-Suomen OP-liitto), Jorma Hyrskyluoto (Pirkanmaan OP-liitto), Ulla Järvi (Keski-Pohjanmaan OP-liitto), Jukka-Pekka Kataja (Etelä-Suomen OP-liitto), Simo Kauppi (Satakunnan OP-liitto), Juha Kiiskinen (Suur-Savon OP-liitto), Tuomas Kupsala (Keski-Suomen OP-liitto), Ari Mikkola (Varsinais-Suomen OP-liitto), Esko Mononen (Pohjois-Karjalan OP-liitto), Annukka Nikola (Etelä-Suomen OP-liitto), Olli Tarkkanen (Etelä-Pohjanmaan OP-liitto) and Ari Väänänen (Pohjois-Savon OP-liitto).
As proposed by OP Financial Group's Nomination Committee, Jaakko Kiander was elected to the Supervisory Board outside of the federations of cooperative banks for a term of 2015-18.
As proposed by the Nomination Committee, the Meeting confirmed the number of Supervisory Board members at 34.
At its first meeting after the Annual Cooperative Meeting, the Supervisory Board elected Professor Jaakko Pehkonen to act as Chairman and Senior Lecturer Mervi Väisänen and Managing Director Vesa Lehikoinen to act as Vice Chairmen.
FOR MORE INFORMATION, PLEASE CONTACT
Carina Geber-Teir, Executive Vice President, Corporate Communications, tel. 010 252 8394
OP Financial Group is Finland's leading financial services group providing a unique range of banking, wealth management and insurance services. OP's mission is to promote the sustainable prosperity, security and wellbeing of its customer-owners, customers and operating regions. Its objective is to offer the best and most versatile package of loyal customer benefits on the market. OP Financial Group consists of about 180 member cooperative banks, its central cooperative OP Cooperative, and the latter's subsidiaries and affiliates. The Group has a staff of 12,000. The group has 4.3 million customers.
As laid down in the applicable law, the member credit institutions and OP Cooperative are ultimately jointly and severally liable for each other's debts and commitments. Joint and several liability within OP Financial Group is based on the Laki talletuspankkien yhteenliittymästä Act (Act on the amalgamation of deposit banks). Pohjola Bank plc and OP Mortgage Bank are responsible for OP's funding on money and capital markets.
www.op.fi
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pohjola Pankki Oyj via Globenewswire
