Aktia Life Insurance’s Director of Business Development Riikka Luukko becomes the insurer’s new CEO

(PRESS RELEASE) HELSINKI, 31-Aug-2020 — /EuropaWire/ — Finnish Aktia Life Insurance, part of Aktia Bank (HEL: AKTIA), has announced it will have a new CEO beginning of 1 September, 2020. The insurer’s current Director of Business Development and Board member Riikka Luukko is the appointed new CEO.

Riikka Luukko has a solid experience in banking, as well as a very comprehensive knowledge of the life insurance business. Before her career in Aktia, Luukko worked, among other things, as Development Director at Mandatum Life.

“Life insurance plays an important role in Aktia’s strategy and we want to invest even further in the life insurance offering and development. Riikka’s experience and competence are an excellent fit for these goals”, says Juha Hammarén, Chairman of the Board at Aktia Life Insurance and Executive Vice President of Aktia.

Aktia Life Insurance Company’s current CEO, Seppo Sibakov, will continue as the Executive Vice President of the company.

Further information:
Juha Hammarén, Chairman of the Board, Aktia Life Insurance, tel. +358 10 247 6250, juha.hammaren@aktia.fi

Lotta Borgström, Director, Investor Relations and Communications, tel. +358 10 247 6838, lotta.borgstrom@aktia.fi

Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 750 people around Finland. Aktia’s assets under management (AuM) 31.12.2019 amounted to EUR 9.9 billion and the balance sheet total was EUR 9.7 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com

SOURCE: Aktia Bank Plc