Executive Management Team

The company has a President and CEO, and deputy to the CEO, appointed by the Board of Directors. The President and CEO must manage the day-to-day operations of the company according to the instructions and orders issued by the Board. Decisions on the remuneration and other benefits of the President and CEO and the deputy to the CEO are made by the company’s Board of Directors.

The President and CEO is responsible for managing the operations of the company in such a way that the decisions made by the Board are fulfilled. Supported by the Executive Management Team, the President and CEO manages the implementation and supervision of the strategy determined by the Board of Directors; attends to the management, organisation and supervision of the company’s business and other operations (including internal audit, risk management and compliance with laws and regulations), decides on the organisation required by such operations, and ensures sufficient reporting to the Board of Directors on all aspects of the company’s operations.

The President and CEO appoints the members of the executive management team and presents the names of the candidates to the Board of Directors, which makes the final decisions.

Executive Management Team of Municipality Finance

Esa Kallio, b. 1963

  • President and CEO 
  • At Municipality Finance since 2005
  • Education: M.Sc. (Econ.)

Mari Tyster, b. 1975

  • Executive Vice President, Legal and Communications
  • Deputy to the CEO
  • At Municipality Finance since 2009
  • Education: Master of Laws

Aku Dunderfelt, b. 1975

  • Executive Vice President, Customer Solutions
  • At Municipality Finance since 2019
  • Education: BBA

Toni Heikkilä, b. 1965

  • Executive Vice President, Risk Management and Compliance
  • At Municipality Finance since 1997
  • Education: M.Sc. (Finance)

Joakim Holmström, b. 1977

  • Executive Vice President, Capital Markets and Sustainability
  • At Municipality Finance since 2008
  • Education: M.Sc. (Econ.)

Harri Luhtala, b. 1965

  • Executive Vice President, Finance
  • At Municipality Finance since 2019
  • Education: M.Sc. (Econ.)

Minna Piitulainen b.1973

  • Executive Vice president, Development and HR Services
  • At Municipality Finance since 2018
  • Education: M.Sc (Psychology)

Juha Volotinen , b. 1975

  • Executive Vice President, Technology Services
  • At Municipality Finance since 2021
  • Education: M.Sc. (Econ.)