Supervisory Board

Ilkka Seppo Salonen
INED — Member of the Supervisory Board
October 24, 1955 in Espoo (Finland)
Mr. Salonen graduated from Helsinki University in 1981 with a Master of Political Science degree (major in Economics). In 1994 he attended Leadership training program in Kansallis-Osake-Pankki (Finland), and in 2004 he attended Advanced Management Program in IESE business school

Mr. Ilkka Salonen has over 30 years of experience in the banking sector. In 1981-1994, he served in various positions in Kansallis-Osake-Pankki (rose from an Economist to a Vice President in charge of East Europe Desk in Country Risk and Financial Institutions Division). In 1994-1997, he served as Deputy President at International Moscow Bank (now UniCredit Bank). In 1997-1998, Mr. Salonen served as First Vice President of the Merita Bank Ltd. (now Nordea Bank). In 1998, he returned to International Moscow Bank as President of the Board of the Management. In 2007, he joined Renaissance Investment Management Group as President and Deputy CEO. In 2008-2009, he was Deputy Chairman of the Board of Management in charge of the international businesses at Sberbank. In 2012-2015, he was Chairman of the Management Board of BANK URALSIB.

Currently, Mr. Ilkka S. Salonen is the Member of the Board of Directors of Corims Oy (Finland), Sysman Kirjakyla Oy (Finland), ACRA (JSC) and Lappeenranta-Lahti University of Technology LUT (Finland), the Chairman of the Board of Directors of Garmoshka Oy (Finland) and Finnish-Russian Chamber of Commerce, the Member of the Advisory Board of Essedel, the Partner of Septem Partners Oy (Finland), the Deputy Member of the Board of Directors Fennovoima Oy (Finland), the Executive Chairman of the Board of Directors of East Office of Finnish Industries and the member of the Board of trustees of Venajan kaupan kilta ry.

Ilkka Seppo Salonen was qualified as independent director as per the Supervisory Board’s resolution dated 30.09.2020 (Minutes No.26). The rationale for qualifying Ilkka Seppo Salonen as independent director is given in the Supervisory Board’s resolution.