State Pension Fund of Finland’s Timo Löyttyniemi to retire

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State Pension Fund of Finland’s Timo Löyttyniemi to retire

By Natalie Tuck

16/06/25

The CEO of the State Pension Fund of Finland (VER), Timo Löyttyniemi, is to step down from his role in early 2026, as he reaches retirement age.

Löyttyniemi originally served as VER’s CEO between 2003-2015, which was followed by a period as the vice chair of the Single Resolution Board of the EU in Brussels between 2015-2019. He then returned to his current position of VER CEO in 2019, where he has remained since.

"The position as the CEO of VER has been a very interesting one, and I have enjoyed it very much. A real vantage point in the investment and financial markets. I will continue working as the CEO until early 2026, and I will continue my career in board positions,” he said.

His departure means that VER will commence a search for his replacement from mid-August, with details published on the fund’s website.

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