Sampo Group

Annual Report 2011
Nomination and Compensation Committee
Group Executive Committee's Duties

Group Executive Committee

The Board of Directors has appointed the Sampo Group Executive Committee and a Group MD Committee to the Group Executive Committee, which supports the Group CEO in preparing matters to be handled by the Group Executive Committee.

The following persons served on the Group Executive Committee in 2011:

Kari Stadigh

Group CEO and President, MD of Sampo plc

Born 1955

Positions of Trust:

Nordea Bank AB (publ), Board Member;
Confederation of Finnish Industries EK, Vice Chairman of the Board;
The Federation of Finnish Financial Services, Chairman of the Board;
Varma Mutual Pension Insurance Company, Board Member;
If P&C Insurance Holding Ltd (publ), Sweden, Chairman of the Board;
Mandatum Life Insurance Company Limited, Chairman of the Board;
Kaleva Mutual Insurance Company, Chairman of the Board;
Nokia Corporation, Board Member;
Work Group for National Capital Market Strategy, Chairman of the Board

  • Member of Sampo Group Executive Committee since 2001.
  • Stadigh holds 249,346 Sampo plc shares directly or through controlled companies.

Line Hestvik

Head of Business Area Private, If P&C Insurance

Born 1969

Positions of Trust:

The organisation for the Financial Sector in Norway (FNO), Board Member

  • Member of Sampo Group Executive Committee since 2005.
  • Hestvik holds 21,406 Sampo plc shares directly or through controlled companies.

Peter Johansson

Group CFO

Born 1957

Positions of Trust:

If P&C Insurance Holding AB (publ), Sweden, Board Member;
Mandatum Life Insurance Company Limited, Vice Chairman of the Board

  • Member of Sampo Group Executive Committee since 2001.
  • Johansson holds 52,112 Sampo plc shares directly or through controlled companies.

Patrick Lapveteläinen

Group CIO

Born 1966

Positions of Trust:

If P&C Insurance Holding Ltd, Sweden, Board Member;
Mandatum Life Insurance Company Limited, Board Member 

  • Member of Sampo Group Executive Committee since 2001.
  • Lapveteläinen holds 227,226 Sampo plc shares directly or through controlled companies or persons closely associated with the Insider.

Torbjörn Magnusson

Managing Director of If P&C Insurance Holding Ltd

Born 1963

Positions of trust:

If P&C Insurance Ltd, Sweden, Chairman of the Board;
If P&C Insurance Company Ltd, Finland, Chairman of the Board;
Swedish Insurance Federation, Chairman of the Board;
Swedish Insurance Employer Association (FAO), Board Member;
AcadeMedia Aktiebolag, Board Member;
Urzus A/S, Chairman of the Board

  • Member of Sampo Group Executive Committee since 2004.
  • Magnusson holds 26,329 Sampo plc shares directly or through controlled companies.

Ivar Martinsen

Head of Business Area Commercial, If P&C Insurance

Born 1961

Positions of Trust:

The Norwegian Financial Services Association (FNO), Executive Committee of P&C Insurance, Chairman

  • Member of Sampo Group Executive Committee since 2005.
  • Martinsen holds 19,965 Sampo plc shares directly or through controlled companies.

Petri Niemisvirta

Managing Director of Mandatum Life Insurance Company Limited

Born 1970

Positions of Trust:

Alma Media Corporation, Board Member;
Federation of Finnish Financial Services, Life Insurance Executive Committee, Board Member;
BenCo Insurance Holding B.V., the Netherlands, Board Member;
Silta Oy, Board Member

  • Member of Sampo Group Executive Committee since 2001.
  • Niemisvirta holds 45,215 Sampo plc shares directly or through controlled companies.

Morten Thorsrud

Head of Business Area Industrial, If P&C Insurance

Born 1971

Positions of Trust:

CJSC If Insurance, Russia, Chairman of the Board;
Forsikring & Pension, Denmark, Board Member

  • Member of Sampo Group Executive Committee since 2006.
  • Thorsrud holds 17,182 Sampo plc shares directly or through controlled companies.

Timo Vuorinen

Head of Business Area Baltic and Russia, If P&C Insurance; Managing Director of If P&C Insurance Company Ltd, Finland

Born 1964

Positions of Trust:

If P&C Insurance AS, Baltic, Chairman of the Board;
CJSC If Insurance, Russia, Board Member;
Mandatum Life Insurance Baltic SE, Board Member

  • Member of Sampo Group Executive Committee since 2009.
  • Vuorinen holds 8,953 Sampo plc shares directly or through controlled companies or persons closely associated with the Insider.

Ricard Wennerklint

Deputy MD, If P&C Insurance Holding Ltd

Born 1969

Positions of Trust:

If P&C Insurance Company Ltd, Finland, Board Member;
If P&C Insurance AS, Estonia, Board Member;
CJSC If Insurance, Russia, Board Member;
IPSC Region, Russia, Board Member

  • Member of Sampo Group Executive Committee since 2005.
  • Wennerklint holds 20,061 Sampo plc shares directly or through controlled companies.

Information as of 31 December 2011. The entire CVs of the members of Sampo Group Executive Committee can be viewed at www.sampo.com/management.

Ilona Ervasti-Vaintola

Born 1951

Group Chief Counsel, Principal Attorney, Member of Sampo Group Executive Committee and Secretary of the Board of Directors of Sampo plc from 2001 to October 2011. Retired on 31 October 2011.

Nomination and Compensation Committee
Group Executive Committee's Duties