Ownership Competence and the Future of Finland

Ownership Competence and the Future of Finland

Independent Finland is celebrating its centenary this year. Boardman and its comepetence partners Nordea, PwC, Roschier and Varma also want to give its contribution to this remarkable anniversary year of Finland by organising a Conference on Ownership Competence and the Future of Finland.

This conference has been approved as a part of the Finland 100 years -program led by the Prime Minister’s Office.

Prosperous Finland needs successful businesses, for which competent owners, board members and leaders are needed now and in the future!

  • ”What are the key questions for owners, boards and management in the rapidly changing business environment?”
  • ”How are the roles of the owners and requirements for ownership competences changing in leading successful businesses in the future?

These are some of the questions discussed at the Conference in June 15th, 2017 in Helsinki, Finlandia Hall followed by a bufee and networking. This conference is to enhance the ownership competence and to impact the general atmosphere related to ownership. It brings together owners, members of boards, business leaders and top management of listed, family-owned and growth companies to discuss the importance of ownership and ownership competences in the future.

Programme and the Speakers

13.30 Registration and coffee
14.00 WELCOMING WORDS

Ms TARU LINDEMAN, Managing Director, Boardman Ltd

M.Sc.(Econ.) Taru Lindeman has worked as the Managing Director for Boardman Oy since 2011. She has managed board work development programs and trainings as well as Board of Directors evaluations for Boardman Oy since 2005. She has worked as a board member in privately owned companies, associations and foundations. Previously she worked more than 10 years as a supply chain and management consultant at UnitedLog and its predecessors Establish and ELC Finland Oy.

14.10 OPENING REMARKS 

Mr RISTO MURTO, Managing Director, Varma Mutual Pension Insurance Company

Mr. MURTO is President and CEO at Varma Mutual Pension Insurance Company. During his career he has also held various positions at the Bank of Finland, the Research Institute of the Finnish Economy and private investment banks. Prior the current position he was CIO of Varma (Investments) during 2006-2014. He holds a doctorate degree in economics from the Helsinki School of Economics. He is Chairman of the Board at University of Oulu and Member of the Board at Sampo Group and Wärtsilä Corporation.

14.30 WHAT ARE THE KEY QUESTIONS FOR OWNERS AND BOARDS IN THE RAPIDLY CHANGING BUSINESS ENVIRONMENT?
Mr FREDRIK REINFELDT, Former Prime Minister of Sweden 2006-2014
PANEL DISCUSSION: 

MODERATOR: Mr TANELI TIKKA, Head of Innovation for Tieto Plc

Mr TIKKA is known for a long and multifaceted career in growth companies, and as a board of directors professional. He has been awarded several recognitions for his work during the years. Taneli is an active actor in the Startup Ecosystem, as for example a coach in Startup Sauna and a co-founder of the Startup Foundation (that organises Startup Sauna and Slush).

PANELISTS

Mr FREDRIK REINFELDT, Former Prime Minister of Sweden 2006-2014

Mr REINFELDT has been active in Swedish and international politics for over 25 years. As Party leader and Swedish Prime Minister, Mr Reinfeldt reinvented the Moderate Party (centre-right) and formed a four-party alliance that won two successive elections. Having been a member of the European Council for 8 years and its President for six months, he has an extensive international network. In February 2016 Mr Reinfeldt was elected as chair to the Extractive Industries Transparency Initiative (EITI). The EITI is an international coalition of stakeholders working together to promote open and accountable management of natural resources. In March 2016 Mr Reinfeldt was appointed as Senior Advisor to Bank of America Merrill Lynch.. Mr Reinfeldt hosted a TV interview series in 2016/2017 called ”Toppmötet” (The Summit) with Condoleezza Rice, Tony Blair, Anders Fogh Rasmussen and Jens Stoltenberg.

Ms MAIJA-RIITTA OLLILA, Philosopher, Writer, Lecturer

Ms OLLILA, Doctor of Social Sciences, currently works in her company Pro Sophia Ltd. Her fields of interest are moral philosophy, social philosophy and theory of knowledge. Applications of these are e.g. business ethics, leadership and philosophy of power. Ms Ollila is a lecturer at Aalto University Program of Creative sustainability since 2009 and an Acting Professor (50 %) at Aalto University School of Economics 2008-2010. In 1985 – 2000 Ms Ollila taught philosophy at the University of Helsinki, Helsinki School of Economics and Business Administration, Turku School of Economics, Tampere University of Technology.

Ms SANNA SUVANTO-HARSAAE, Board professional Altia, SAS, Broman Group, Class Ohlson

Ms SUVANTO-HARSAAE is chairman of the board and international board professional. She is currently chairman at Altia Oyj, Babysam AS, TCM AS, BoConcept AS, Best VPG Holding AS and vice chair at Paulig OYj. She is also member of the board as SAS AB, Clas Ohlson AB, Upplands Motor AB and Broman Group. She is member of the board at CEPOS (Center for Political studies) in Denmark and lectures on Corporate Governance at Copenhagen Business School.

Mr JORMA OLLILA, Chairman, Outokumpu Plc, Former Chairman Royal Dutch Shell and Nokia

Mr OLLILA, has a master of political science (University of Helsinki), a master of science (Econ.) (London School of Economics), and a master of science (Eng.) (Helsinki University of Technology). Mr Ollila was appointed chairman of Royal Dutch Shell between June 2006 and May 2015. In March 2013 Mr Ollila was appointed chairman of the Board of Directors of Outokumpu Oyj. He is vice-chairman of the board of directors of Otava Books and Magazines Group. He is also a member of the board of directors of Tetra Laval Group and a member of the board of directors of the University of Helsinki. He is chairman of the board of directors and the supervisory board of the research institute of the Finnish Economy ETLA and Finnish Business and Policy Forum EVA. He is also advisory partner of Perella Weinberg Partners and Chairman of Miltton. He is also a member of the board of directors of TBG AG and Chairman of the Board of Directors of Xinova Management Company LLC

15.45 Coffee Break
16.15 WHAT IS THE ROLE OF THE LONG-TERM OWNERSHIP IN THE FUTURE? – DOES OWNERSHIP MATTER?
Professor Mr STEEN THOMSEN, Professor, Copenhagen Business School (CBS)
PANEL DISCUSSION:

MODERATOR: Mr PHILIP AMINOFF, Chairman of the Board Helectron, Directors Institute Finland

Mr AMINOFF, MSc (Econ), MBA (INSEAD), is a Finnish entrepreneur. He represents the fourth owner generation in his family’s businesses, the so-called Cousin Companies. Mr Aminoff is Chairman of Helectron Oy Ab (owner of audio-visual solutions company Electrosonic) and Helvar Merca Oy Ab (owner of lighting intelligence company Helvar and factory automation company Fastems), Deputy Chairman of Veho Oy Ab (automotive trade), and Member of the Board of LocalTapiola General Mutual Insurance Company. He is also Chairman of the Directors’ Institute Finland, Vice Chairman of the German-Finnish Chamber of Commerce, and a member of the Ambassadors Circle of Family Business Network International. From 2008 to 2012 Philip was President of European Family Businesses (EFB), the umbrella organization for national family firms’ associations in Europe.

PANELISTS

Mr STEEN THOMSEN, Professor, Copenhagen Business School

Mr THOMSEN, professor, Ph.D, is founding chairman of the Center for Corporate Governance, Copenhagen Business School. He specializes in corporate governance as a teacher, researcher, consultant and commentator. His academic publications include 36 international journal articles and several books on corporate governance. His research is currently focused on industrial foundations – foundations that own business firms. Steen has served as a non-executive board member in several business companies and is currently a non-executive chairman of two consulting firms. He a founding board member of the International Corporate Governance Society, the Board Leadership Society in Denmark and academic director of the CBS board programs. He writes columns for the Danish business newspaper Børsen, and has served as a consultant and lecturer to several large companies and government organizations. He has also contributed to best practice codes and law in the area of corporate governance.

Mr JAN MEYER, Owner, CEO, Meyer Werf

Dr MEYER became managing director of Meyer Turku, Finland, in September 2014 and managing director of Meyer Werft Papenburg, Germany, in April 2012. He is a seventh generation ship builder in the Meyer family and has been working with the family business since 2008. Jan Meyer earned his doctorate at Jacobs-University in Bremen. Prior to his dissertation he had already gained work experience at shipyards in Korea and Denmark. Before he had completed his master studies in naval architecture at the Massachussetts Institute of Technology (MIT) in Cambridge/Boston, USA.

Mr ANTTI HERLIN, Owner, Chairman of the Board Kone

Mr HERLIN, D.Sc. (Econ) h.c., D.Arts h.c., D.Sc. (Tech) h.c. has acted as the Chairman of the Board of KONE Corporation since 2003. He has been a Member of the Board since 1991. In 1996 – 2006, Mr Herlin held the positions of CEO of KONE Corporation and Deputy Chairman in 1996 – 2003. Mr Herlin has several key positions of trust. He is the Chairman of the Board of Security Trading Oy and Holding Manutas Oy and the Vice Chairman of the Board of Sanoma Corporation.

Mrs TERESA KEMPPI-VASAMA, Owner, Chairman of the Board, Kemppi

Mrs. KEMPPI-VASAMA is the executive chairman of the board at Kemppi Oy since March 2014 and a third generation owner in the 68 years old family business. Kemppi Oy is a company dedicated to welding excellence providing its customers globally with arc welding solutions that consist of welding equipment, software and services. Kemppi has always been part of Teresa’s life and she has worked in operational roles in the company responsible for e.g. strategy and business development. Apart from her work at Kemppi and other Kemppi related companies she is also the Chairman of the board at the Association for Finnish Work and a board member at Cargotec Oyj. She has previously also worked for the Finnish Red Cross and Accenture. Kemppi Group Oy was nominated as the Family Company of the year in 2014 and Teresa was nominated as the Veuve Clicquot Business Woman of the Year in 2015 in Finland.

17.35 THE WORLD IS CHANGING – HOW DOES THE OWNERSHIP CHANGE?
FIRESIDE CHAT: GROWTH COMPANY / INVESTOR

MODERATOR: Mr RIKU ASIKAINEN, entrepreneur, angel investor and growth hacker

Mr ASIKAINEN, is an entrepreneur, angel investor and growth hacker. He started his first company while in high school, and sold it as Finland´s leading internet bookstore fifteen years later. Since then he has been a founder, active investor and board member in more than 35 companies. Mr Asikainen was one of the Co-founders and chairman of FiBAN (Finnish Business Angel network). FiBAN has more than 570 investor members, which do more than 300 investments every year. FiBAN has been awarded by EBAN as Europe´s best business angel network in 2013 and 2015. He is also one of the co-founders of Startup-foundation, behind both phenomenal SLUSH, Europe´s biggest tech conference and Startup sauna, a leading incubator program for the region.

PANELISTS 

Ms EVON SÖDERLUND, Founder & CEO, Huone Events Hotels Group

Ms SÖDERLUND is a battle hardened entrepreneur. She has lived in Finland for 13 years and has previous work experience from the Embassy of Malaysia in Finland. In 2012 she founded HUONE, the Event Hotel concept in Helsinki (2012) and Singapore (2017). She has since been recognised with PwC’s ’Most Valuable Entrepreneur’ of the year award as well as Evento Awards ’Best Event Venue in Finland’ award. She was also the youngest and the first foreigner to received the Vuoden Restonomi 2014 award. Her stories are being told in both the Taivas+Helvetti vol.2 and the SISU book. She is a public speaker on motivation, girl power and entrepreneurship, as well as an ambassador for the SISU campaign.

Mr MOAFFAK AHMED, serial entrepreneur, Founding Partner, Superhero Capital

Mr AHMED is a serial entrepreneur with over 20 years of marketing and business development experience in Europe, North America and Asia. Moaffak is Founding Partner of Superhero Capital. He is working on early-stage ventures run by passionate founders with massive ambitions. Superhero Capital is looking for the next superheroes aiming for global domination while changing the world for better.

Mr KRISTO OVASKA, Owner, CEO, Smarly.io

Mr OVASKA has also been an important driver of the Finnish and broader Northern European startup scene – first in the student entrepreneurship scene as a cofounder of Aalto Entrepreneurship Society (one of the driving forces behind Slush), later as a founder of nonprofit accelerator program Startup Sauna and then as a mentor and speaker at events as CEO of Smartly.io
He’s a strong advocate for a startup culture built around paying it forward, giving feedback and aiming high globally.
Smartly.io is only 3 years old, but it’s already one of Europe’s leading Facebook Marketing Partners, an adtech company with 90 employees and a global presence (offices in 5 cities)

Boardman reserves all rights for possible changes.
For further information, please contact Heli Koukkula-Teixeira, heli.koukkula(a)boardman.fi

COMPETENCE COMPANY PARTNERS – ORGANISERS

PWC is one of the leading professional services organisations in the world with globally more than 223 000 people in 157 countries. The global net aggregated revenues were USD35,9 billion in 2016. PwC refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.

In Finland they have more than 930 advisers offering you consulting, deals, tax, legal, audit and other assurance services – whether your company is a growing business, a family business, a listed company or a public organisation.

Read more: www.pwc.fi/en

ROSCHIER is one of the leading law firms in the Nordic region. The firm is well-known for its excellent track record of advising on demanding international business law assignments and large-scale transactions. Roschier’s main offices are located in Helsinki and Stockholm, with a regional office in Vaasa. The firm’s clients include leading domestic and international corporations, financial service and insurance institutions, investors, growth and other private companies with international operations, as well as governmental authorities.

With some 230 lawyers/practitioners in Finland and Sweden, and a vast network of established relationships with leading law firms, Roschier is internationally recognized as top tier in all of its core practice areas.

Read more: www.roschier.com

VARMA provides pension insurance for work carried out in Finland. Varma is a mutual company, owned by its client companies and self-employed persons, insured employees and owners of the guarantee capital.

We take care of the statutory earnings-related pension cover of private sector employees and self-employed persons efficiently and competitively. We have approximately 66,000 self-employed and employer clients, and we handle the earnings-related pension coverage of some 862,000 people.

We invest the assets collected as pension contributions profitably and securely for current and future pensions. With investments of EUR 40.0 billion, Varma is the largest private investor in Finland.

Read more: www.varma.fi

NORDEA is the largest financial services group in the Nordic and Baltic region. We hold leading positions in corporate and institutional banking, as well as in retail and private banking. We are also the leading provider of life and pensions products in the Nordic countries.

With approximately 650 branches, call centres in all Nordic countries and highly competitive online and mobile banking platforms, Nordea has the largest distribution network in the Nordic and Baltic Sea region.

Nordea has the largest customer base of any financial services group in the Nordic region with approximately 10 million household customers and around 0.6 million corporate customers.

Read more: www.nordea.com