Following approval from the Finnish Financial Supervisory Authority (FIN-FSA), Elina Fogelholm will take up her position as CEO of Finnish earnings-related pension provider Veritas from 1 April.

Following Fogelholm’s appointment to the role of CEO last September, FIN-FSA conducted an assessment of her competence in March 2026 and had no objections to the appointment.

Since December, when she began working at Veritas, Fogelholm has been a member of Veritas' management team and simultaneously undergone an induction program developed by the company.

During Fogelholm's induction period, Veritas CFO, Tommy Sandås, served as CEO and will now continue his work as CFO and deputy CEO.

Fogelholm joins Veritas from Danske Bank, where she served as head of corporate banking in Finland. She also previously served as head of corporate banking at Varma and in several senior positions at Nordea.

Commenting on the appointment, Veritas chairwoman, Gisela Knuts, said Fogelholm has “already demonstrated a deep understanding of the needs of customers and staff during the introduction period, as well as the central importance of investment activities for the sustainability of the earnings-related pension system”.

“From the company's perspective, it is excellent that the introduction period was short and that Elina will take up her position as CEO at the beginning of April,” she added.

Adding to this, Fogelholm said: “It is inspiring to take up the position of CEO right now. Veritas has grown strongly in recent years, and we have an excellent investment year behind us. Based on that, it is natural to continue developing the business and develop a new strategy.”

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