LocalTapiola Group CEO Juha Koponen to leave his position at the end of June

“Juha Koponen started in his position as CEO of LocalTapiola Group in 2020, and has led the group successfully during the exceptionally large changes that have taken place in our operating environment. His time as CEO has been marked by many major events including the COVID-19 pandemic, Russia’s war of aggression and significant cost inflation. Under Mr Koponen’s leadership, LocalTapiola has grown as a lifelong security company, and the group has been able to provide its nearly 1.8 million customers with cover in terms of health, investment and property while further advancing large-scale system reforms. The company’s position on the market is strong. Juha Koponen’s decision to retire from his position leaves the incoming CEO with a strong and developing group. We are delighted that Juha will remain in an advisory role for the rest of the year,” says Anssi Keinänen, Chair of LocalTapiola General Mutual Insurance Company’s Supervisory Board and the Cooperation Committee Chair.

“My work as LocalTapiola Group’s CEO has been an extremely rewarding period in my professional career. I would like to extend my gratitude to all our customers, partners and other stakeholders. The most heartfelt thank you is due to the wonderful and professional staff working at our group for their outstanding work and commitment to the best customer service in the sector. As a team, we’ve succeeded to reinforce and develop LocalTapiola as a financial group that believes in local presence and builds and contributes to well-being in Finland. LocalTapiola has systematically grown, developed and advanced, in particular, its digital competences and sustainability work. I am proud of these achievements. For me personally, now is the right time to hand over the reins, and also to dedicate time to other areas of life,” says Juha Koponen.

During June, LocalTapiola’s Cooperation Committee of the Supervisory Boards will launch the process to find a new CEO. Group Business Director Pekka Antikainen will temporarily exercise LocalTapiola Group CEO’s operational functions, with Group Director Jari Eklund assuming chairmanship of LocalTapiola General’s and LocalTapiola Life’s Boards of Directors.