Finnish pension company Varma has appointed Heikki Ilkka as its chief financial officer (CFO) and a member of the company’s management team, effective 1 April 2027.
Ilkka joins Varma from LähiTapiola Life Insurance Company on 1 March 2027.
He will report to Varma president and chief executive officer, Risto Murto.
Ilkka will replace Varma’s current CFO, Pekka Pajamo, who will take up the position of executive advisor on 1 April 2027 and retire on 1 September 2027.
Commenting on the news, Murto said: "I would like to thank Pekka warmly for his work for Varma. We have worked closely and fruitfully together in the development of Varma. Heikki Ilkka brings with him strong financial expertise and diverse experience in the financial sector. I warmly welcome him to Varma.”
Adding to this, Ilkka commented: “I am looking forward to working with the Varma team at the heart of the Finnish pension system. I was drawn to the social significance of the role, and I want to contribute my experience to support Varma’s development.”
Speaking about the news of his departure, Pajamo said: "I would like to thank Varma's customers and all Varma employees for their good cooperation over the years. It is great to end my career at Varma as planned and leave my area of responsibility in competent hands.”
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