Pekka Antikainen appointed as new Managing Director of LocalTapiola Asset Management Ltd
Pekka Antikainen (M.Soc.Sc., eMBA) has been appointed as the new Managing Director of LocalTapiola Asset Management Group. Pekka Antikainen currently serves as the Chair of LocalTapiola Group’s Management Group and as the Managing Director of LocalTapiola Services Ltd. Mr Antikainen will start in his position on 1 October 2026.
As the Managing Director of LocalTapiola Asset Management Group, Pekka Antikainen will be reporting to LocalTapiola Group President Sari Heinonen. Mr Antikainen’s start in his position is subject to approval by the Financial Supervisory Authority.
“I am pleased that Asset Management Group will be headed by an individual who not only has an understanding of asset management but also the ability to execute strategy, as well as possessing a proven track record of how to grow business in a complex business landscape and commanding a versatile knowledge of LocalTapiola Group. Pekka is an experienced, goal-oriented and growth-seeking leader, under whose guidance we can serve our customers and clients more comprehensively by combining insurance, saving and investment solutions,” says LocalTapiola Group President Sari Heinonen.
In his new position, Pekka Antikainen will get to guide some 240 asset management professionals. LocalTapiola Asset Management Group’s clients include not only institutional investors but also small investors across Finland.
“I am very excited to get to lead Asset Management Group and its skilled team of professionals. In the new group strategy, which is currently being drafted, Asset Management will be seeking an ambitious growth leap and a closer cooperation within LocalTapiola Group. Through strong cooperation, we can reach these goals while increasing customer benefits,” says Pekka Antikainen, the new Managing Director of LocalTapiola Asset Management Group.
The contract of LocalTapiola Asset Management Group’s current Managing Director, Samu Anttila, will terminate by mutual agreement. Mr Anttila will continue is his position until 30 September.
“I want to thank Samu for his work at the helm of LocalTapiola Asset Management. The company has reformed internally, strengthened its role in the Finnish asset management market and launched brand awareness building also for consumer customers,” says President Sari Heinonen.
As Mr Antikainen will be leaving the positions of Chair of LocalTapiola Group’s Management Group and Managing Director of LocalTapiola Services Ltd, the recruitment process will be launched immediately.
The asset management and fund management companies of LocalTapiola Group make up a corporate group whose parent company is LocalTapiola Asset Management Ltd and subsidiaries are Seligson & Co Fund Management Company Plc and LocalTapiola Real Estate Asset Management Ltd.
