Committees of the Board of Directors
Audit Committee
The Board of Directors elects five of its members to an Audit Committee. The Committee has the following duties: preparing, controlling and assessing risk-management policies, internal auditing systems, the organisation of financial reporting, and audits and internal control; annually examining financial statements with the auditors before submitting them to the Board of Directors; and putting forward a proposal for any special audits for the next financial year.
Members of the Audit Committee:
Erkki Helaniemi, Chairman
Hele-Hannele Aminoff
Mikko Kosonen
Maarit Toivanen-Koivisto
Remuneration and Nomination Committee
The Board Remuneration and Nomination Committee comprises three members. The Committee is responsible for preparing proposals and general guidelines for management remuneration and appointments, and for the Group’s remuneration, bonus and incentive schemes, for the consideration of the Board of Directors. Moreover, the Committee ensures that the Group’s remuneration schemes are fair and competitive.
Members of the Remuneration and Nomination Committee:
Eero Kasanen, Chairman
Kalevi Alestalo
Riitta Savonlahti
