OP Cooperative's Supervisory Council

The management of the central cooperative consolidated is based on the control and supervision by the Supervisory Council.

Without prejudice to the supervisory obligation of the Board of Directors, the general duties of the Supervisory Council under the Co-operatives Act include supervising the governance of the central cooperative which is managed by and the responsibility of the Board of Directors and the CEO acting as the President and Group Chief Executive Officer.

The Supervisory Council appoints Board members of the central cooperative and OP Financial Group’s CEO acting as the President and Group Chief Executive Officer and their deputy. In appointing the Board members and the President and Group Chief Executive Officer, the Supervisory Council receives assistance from the Supervisory Council Nomination Committee, which consists of the Chair and Vice Chair of the OP Financial Group Nomination Committee, the Chair and first Vice Chair of the Supervisory Council and the Chair and Vice Chair of the Board of Directors.

The Charter of the Supervisory Council defines other Council duties in more detail.

The Supervisory Council comprises 36 members appointed by the Cooperative Meeting. The Supervisory Council has a Chair and two Vice Chairs, who together with the Chair and Vice Chair of the Board of Directors and the President and Group Chief Executive Officer form the OP Cooperative's Committee of Chairs. The Committee of Chairs is a preparatory body, whose task is to coordinate the work of the Supervisory Council and the Board of Directors and to prepare Supervisory Council meetings.

The Supervisory Council may also set other preparatory bodies to prepare matters discussed at a Supervisory Council meeting. The Supervisory Council has set up a Strategy Unit and a Responsibility and Remuneration Unit.

Supervisory Council members

OP Osuuskunnan hallintoneuvoston jäsenet OP-liitoittain

Name, year of birth and place of residence	Federation of Cooperative Banks	Position on OP Cooperative's Supervisory Council		Full-time position, job title, ducation/degree(s)	Position of the person with a governing body background at an OP cooperative bank
Nikola Annukka, 1960, Kirkkonummi	Etelä-Suomi	Chair	Chair of the Board of Directors, Uudenmaan Osuuspankki, M.Sc. (Econ. & Bus. Adm.)		Chair of the Board of Directors, Uudenmaan Osuuspankki
Jurmu Taija, 1976, Rovaniemi	Pohjois-Suomi	First Vice Chair	Attorney at Law, Asianajotoimisto Jurmu, LL.M., Bar Examination, Certified Board Member & Chair		Chair of the Board of Directors, Pohjolan Osuuspankki
Väänänen Ari, 1973, Maaninka	Itä-Suomi	Second Vice Chair	Managing Director, Maaningan Osuuspankki, LL.M., Trained on the bench
Alaluukas Essi, 1975, Hollola	Etelä-Suomi	Member	Asiakkuusjohtaja, Provincia Oy, M.A., Certified Board Member & Chair		Chair of the Board of Directors, Hämeen Osuuspankki
Antola Kati, 1971, Laitila	Länsi-Suomi–Sydkusten	Member	Senior Lecturer, Satakunta University of Applied Sciences SAMK, D.Sc. (Econ. & Bus. Adm.)		Member of the Board of Directors, Lounaisrannikon Osuuspankki
Drugge Jan, 1970, Kemiö	Länsi-Suomi–Sydkusten	Member	Sales Manager, Nordkalk Oy, Agrologist		Vice Chair of the Board of Directors, Andelsbanken Raseborg
Ebeling Sanna, 1986, Oulu	Pohjois-Suomi	Member	Business Lawyer, Talenom Konsultointipalvelut Oy, LL.M., Bar Examination		Chair of the Supervisory Council, Utajärven Osuuspankki
Hakasuo Päivi, 1971, Huittinen	Länsi-Suomi–Sydkusten	Member	Head of Sourcing, Norilsk Nickel Harjavalta Oy, M.Sc.		Chair of the Board of Directors, Ala-Satakunnan Osuuspankki
Hautala Jouni, 1964, Forssa	Länsi-Suomi–Sydkusten	Member	Managing Director, Lounaismaan Osuuspankki, M.Sc. (Econ. & Bus. Adm.)
Hirvonen Miia, 1977, Porvoo	Etelä-Suomi	Member	Managing Partner, Sotamaa & Co Attorneys Ltd, LL.M., Trained on the bench		Vice Chair of the Board of Directors, Ylä-Uudenmaan Osuuspankki
Julkunen Saara, 1967, Kuopio	Itä-Suomi	Member	Professor, Head of Business School, University of Eastern Finland, D.Sc. (Econ. & Bus. Adm.), M.Soc.Sc		Member of the Board of Directors, Pohjois-Savon Osuuspankki
Kainusalmi Mika, 1979, Savitaipale	Etelä-Suomi	Member	Head of Development, Lappeenranta University of Technology, M.Sc. (Econ. & Bus. Adm.), M.Sc. (Tech.)		Chair of the Board of Directors, Savitaipaleen Osuuspankki
Karhapää Ari, 1963, Joensuu	Itä-Suomi	Member	Managing Director, Outokummun Osuuspankki, LL.M., Trained on the bench, Certified Board Member
Korhonen Juha, 1963, Kouvola	Etelä-Suomi	Member	Managing Director, Kaakkois-Suomen Osuuspankki, LL.M., Trained on the bench, eMBA, Certified Board Member
Kujala Päivi, 1965, Alavus	Pohjanmaa–Österbotten	Member	Senior Rural Economist, Pellervo Economic Research PTT, D.Adm.Sc., M.Sc. (Agr. & For.), Agronomist		Member of the Board of Directors, Sydänmaan Osuuspankki
Lehtonen Pekka, 1969, Kangasala	Sisä-Suomi	Member	Managing Director, Kangasalan Lämpö Oy, Automation Engineer, Certified Board Member		Chair of the Board of Directors, Kangasalan Seudun Osuuspankki
Lohi Tuomas, 1979, Kempele	Pohjois-Suomi	Member	Municipal Manager, Municipality of Kempele, Ph.D., Certified Board Member		Member of the Board of Directors, Tyrnävän Osuuspankki
Loikkanen Toivo, 1960, Savonlinna	Itä-Suomi	Member	Dean, M.Th.		Member of the Board of Directors, Suur-Savon Osuuspankki
Markula Kaisa, 1967, Loimaa	Länsi-Suomi–Sydkusten	Member	Managing Director, Euran Osuuspankki, M.Sc. (Econ. & Bus. Adm.), B.Nat.Res.
Mäkelä Kari, 1982, Jämsä	Sisä-Suomi	Member	Managing Director, Jämsän Seudun Osuuspankki, M.Sc. (Ind. Eng. & Mgmt)
Nylund Ulf, 1965, Vaasa	Pohjanmaa–Österbotten	Member	Managing Director, Vaasan Osuuspankki, M.Sc. (Econ. & Bus. Adm.), Certified Board Member
Perämäki Leena, 1966, Seinäjoki	Pohjanmaa–Österbotten	Member	Managing Director, Into Seinäjoki Ltd., M.Soc.Sc, MBA		Chair of the Board of Directors, Etelä-Pohjanmaan Osuuspankki
Perätalo Teuvo, 1963, Kajaani	Pohjois-Suomi	Member	Managing Director, Kainuun Osuuspankki, LL.M., Certified Board Member
Saksa Titta, 1977, Mikkeli	Itä-Suomi	Member	HR Director, Meidän IT ja Talous Oy, M.Sc. (Econ. & Bus. Adm.), LL.M., Certified Board Member		Chair of the Board of Directors, Suur-Savon Osuuspankki
Sarhemaa Teemu, 1980, Asikkala	Etelä-Suomi	Member	Managing Director, Järvi-Hämeen Osuuspankki, M.Sc. (Econ. & Bus. Adm.), MBA, Certified Board Member
Sipola Eija, 1970, Hailuoto	Pohjois-Suomi	Member	Managing Director, Ylä-Kainuun Osuuspankki, M.Sc. (Econ. & Bus. Adm.), MBA, Certified Board Member
Soltin Kirsi, 1981, Rusko	Sisä-Suomi	Member	Managing Director, Mouhijärven Osuuspankki, M.Sc. (Econ. & Bus. Adm.)
Sotarauta Markku, 1963, Ylöjärvi	Sisä-Suomi	Member	Professor, University of Tampere, D.Adm.Sc.		Chair of the Board of Directors, Tampereen Seudun Osuuspankki
Ström-Hakala Agneta, 1963, Pietarsaari	Pohjanmaa–Österbotten	Member	Managing Director, Pietarsaaren Seudun Osuuspankki, LL.M., Trained on the bench
Sunikka Miika, 1974, Joensuu	Itä-Suomi	Member	Entrepreneur, Hyvän tekijä -yhtiöt, M.Sc. (Ind. Eng. & Mgmt), Certified Board Member & Chair		Chair of the Board of Directors, Pohjois-Karjalan Osuuspankki
Syrjälä Timo, 1980, Yli-Lesti	Pohjanmaa–Österbotten	Member	Entrepreneur, Forestry Specialist, Forestry Engineer		Member of the Board of Directors, Jokilaaksojen Osuuspankki
Takala Pauliina, 1969, Laukaa	Sisä-Suomi	Member	Managing Director, Jyväskylän sotainvalidien asuntosäätiö, M.Soc.Sc., Vocational Qualification in Property Management		Chair of the Board of Directors, Keski-Suomen Osuuspankki
Tiiri Janne, 1965, Oripää	Länsi-Suomi–Sydkusten	Member	Agricultural Entrepreneur, B.Sc. (Agr. & For.), Agronomist		Chair of the Board of Directors, Osuuspankki Harjuseutu
Turkka Antti, 1971, Oulu	Pohjois-Suomi	Member	Entrepreneur, Agriculture and Forestry Entrepreneur, M.Sc. (Tech.), Vocational Qualification in Agriculture, Certified Board Member & Chair		Chair of the Supervisory Council, Pohjolan Osuuspankki

The term of office of the managing director is no more than 2 years and that of a management body member 4 years at the most, beginning upon closing of the Annual Cooperative Meeting and terminating upon closing of the Annual Cooperative Meeting.

Every year, 12 of the Supervisory Council members will reach the end of their term in such a way that one governing body member and one managing director member representing each of the Federations of Cooperative Banks are due to resign by rotation.

During the transition period specified in the Bylaws, the resigning members by rotation will be decided by drawing lots. After the validity period of the transition, the normal procedure for members resigning by rotation will apply in such a way that the term of managing directors is 2 years and that of governing body members 4 years.

Strategy Unit

Supervisory Council’s Strategy Unit members:

Name and year of birth	Role	Education/degree(s)	Full-time position, job title
Nikola Annukka, 1960	Chair	M.Sc. (Econ. & Bus. Adm.)	Chair of the Board of Directors, Uudenmaan Osuuspankki
Väänänen Ari, 1973	Vice Chair	LL.M., Trained on the bench	Managing Director, Maaningan Osuuspankki
Alaluukas Essi, 1975	Member	M.A., Certified Board Member & Chair	Account Director, Rantalainen
Drugge Jan, 1970	Member	Agrologist	Sales Manager, Nordkalk Oy
Hakasuo Päivi, 1971	Member	M.Sc.	Head of Sourcing, Norilsk Nickel Harjavalta Oy
Hautala Jouni, 1964	Member	M.Sc. (Econ. & Bus. Adm.)	Managing Director, Lounaismaan Osuuspankki
Julkunen Saara, 1967	Member	D.Sc. (Econ. & Bus. Adm.), M.Soc.Sc.	Professor, Head of Business School, University of Eastern Finland
Korhonen Juha, 1963	Member	LL.M., Trained on the bench, eMBA, Certified Board Member	Managing Director, Kymenlaakson Osuuspankki
Kujala Päivi, 1965	Member	D.Adm.Sc., M.Sc. (Agr. & For.), Agronomist	Senior Rural Economist, Pellervo Economic Research PTT
Lehtonen Pekka, 1969	Member	Automation Engineer, Certified Board Member	Managing Director, Kangasalan Lämpö Oy
Lohi Tuomas, 1979	Member	Ph.D., Certified Board Member	Municipal Manager, Municipality of Kempele
Loikkanen Toivo, 1960	Member	M.Th.	Dean
Perätalo Teuvo, 1963	Member	LL.M., Certified Board Member	Managing Director, Kainuun Osuuspankki
Sarhemaa Teemu, 1980	Member	BBA, eMBA, business student	Managing Director, Järvi-Hämeen Osuuspankki
Ström-Hakala Agneta, 1963	Member	LL.M., Trained on the bench	Managing Director, Pietarsaaren Seudun Osuuspankki
Takala Pauliina, 1969	Member	M.Soc.Sc., Vocational Qualification in Property Management	Managing Director, Jyväskylän sotainvalidien asuntosäätiö
Turkka Antti, 1971	Member	M.Sc. (Tech.), Vocational Qualification in Agriculture, Certified Board Member & Chair	Entrepreneur, Agriculture and Forestry Entrepreneur

The term of office of the members of this unit is from selection until the next Annual Cooperative Meeting to be held after the 2023 Annual Cooperative Meeting.

Responsibility and Remuneration Unit

Supervisory Council’s Responsibility and Remuneration Unit members:

Name and year of birth	Role	Education/degree(s)	Full-time position, job title
Jurmu Taija, 1976	Chair	Master of Laws, Bar Examination, Certified Board Member & Chair	Lawyer, Asianajotoimisto Jurmu
Sotarauta Markku, 1963	Vice Chair	D.Adm.Sc.	Professor, University of Tampere
Antola Kati, 1971	Member	D.Sc. (Econ. & Bus. Adm.)	Senior Lecturer, Satakunta University of Applied Sciences SAMK
Ebeling Sanna, 1986	Member	LL.M., Bar Examination	Business Lawyer, Talenom Konsultointipalvelut Oy
Hirvonen Miia, 1977	Member	LL.M., Trained on the bench	Managing Partner, Sotamaa & Co Attorneys Ltd
Kainusalmi Mika, 1979	Member	M.Sc. (Econ. & Bus. Adm.), M.Sc. (Tech.)	Development Manager, Lappeenranta University of Technology
Karhapää Ari, 1963	Member	LL.M., Trained on the bench, Certified Board Member	Managing Director, Outokummun Osuuspankki
Markula Kaisa, 1967	Member	M.Sc. (Econ. & Bus. Adm.), B.Nat.Res.	Managing Director, Euran Osuuspankki
Mäkelä Kari, 1982	Member	M.Sc. (Ind. Eng. & Mgmt)	Managing Director, Jämsän Seudun Osuuspankki
Nylund Ulf, 1965	Member	M.Sc. (Econ. & Bus. Adm.), eMBA, Certified Board Member	Managing Director, Vaasan Osuuspankki
Perämäki Leena, 1966	Member	M.Soc.Sc., MBA	Managing Director, Into Seinäjoki Ltd.
Saksa Titta, 1977	Member	M.Sc. (Econ. & Bus. Adm.), LL.M., Certified Board Member	HR Director, Meidän IT ja Talous Oy
Sipola Eija, 1970	Member	M.Sc. (Econ. & Bus. Adm.), MBA, Certified Board Member	Managing Director, Ylä-Kainuun Osuuspankki
Soltin Kirsi, 1981	Member	M.Sc. (Econ. & Bus. Adm.)	Managing Director, Mouhijärven Osuuspankki
Sunikka Miika, 1974	Member	M.Sc. (Tech.), Certified Board Member & Chair	Entrepreneur, Hyvän tekijä -yhtiöt
Syrjälä Timo, 1980	Member	Forestry Engineer	Entrepreneur, Forestry Specialist
Tiiri Janne, 1965	Member	Bachelor of Agriculture and Forestry, agronomist	Agricultural Entrepreneur

The term of office of the members of this unit is from selection until the next Annual Cooperative Meeting to be held after the 2023 Annual Cooperative Meeting.