Management

The Chairman of the Board

Pekka Paasikivi
b. 1944, Finnish citizen, B.Sc. (Eng.)

Board memberships:
Chairman of the Board, Oras Invest since 2004
Chairman of the Board, Kemira, since 2007
Member of the Board, Foundation of Economic Education since 2003
Chairman of the Supervisory Board of Varma Mutual Pension Insurance Company, May 2005-March 2010
Member of the Board, East Office of Finnish Industries April 2008 - October 2009


Career history:
Various positions at Oras companies, e.g. Managing Director, President and CEO and Chairman of the Board of Oras

Members of the Board

Ulla Litzen
b. 1956, Swedish citizen, M.Sc. (Econ.),
MBA (Massachusetts Institute of Technology)

Board Memberships:
Member of the Board, Oras Invest since 2006
Member of the Board, Alfa Laval since 2006
Member of the Board, Atlas Copco since 1999
Member of the Board, Boliden 2005
Member of the Board, NCC since 2008
Member of the Board, Rezidor Hotel Group since 2006
Member of the Board, SKF since 1998

Career history:
President W Capital Management AB
2001-2005, a wholly owned company by the Wallenberg foundation
Managing Director and Member of the Management Group, Investor 1996-2001

Annika Paasikivi
b. 1975, Finnish citizen, BA International Business (EBS London), MSc Global Politics (University of Southampton)

Board Memberships:
Member of the Board, Oras Invest since 2004

Career history:
CEO, Finow since 2007
COO, Friitala Fashion, 2009 - 06/2010
Russian Exports, Varova 2003-2005
Production Development Project Assistant, AB
Grundfos Environment Finland 2001-2002
Trainee Consultant, Horvath & Partner GmbH 1999

Jukka Paasikivi
b. 1946, Finnish citizen, Bachelor Degree at Rauma Business School

Board memberships:
Chairman of the Board, Oras since 2006
Member of the Board, Oras Invest since 2004
Chairman of the Board, the Supporters’ Foundation of the Rauma Business School since 2003
Member of the Board, the Turku University Foundation since 2007

Career history:
Managing Director, Oras Valves 1980-1984
Various positions at Oras since 1967: administration, marketing, management

Vesa Puttonen
b. 1966, Finnish citizen, D.Sc. (Econ.)

Board memberships:
Member of the Board, Oras Invest since 2006
Member of the Board, Orion Corporation since 2004
Member of the Board, Rocla since 2007

Career history:
2001- Helsinki School of Economics, Professor in Finance
1999-2001 Conventum Fund Management, Managing Director
1998-1999 HEX Helsinki Exchanges, Senior Vice President
1993-1998 Helsinki School of Economics, Associate Professor in Finance