Edition:
United States

Ferratum Oyj (FRU.DE)

FRU.DE on Xetra

8.55EUR
11:35am EST
Change (% chg)

€-0.40 (-4.47%)
Prev Close
€8.95
Open
€8.91
Day's High
€8.91
Day's Low
€8.44
Volume
27,741
Avg. Vol
32,389
52-wk High
€32.50
52-wk Low
€8.44

Summary

Name Age Since Current Position

Pieter van Groos

55 2016 Non-Executive Chairman of the Board

Jorma Jokela

37 2005 Chief Executive Officer, Executive Director, Member of the Directors Team

Clemens Krause

56 2018 Chief Financial Officer, Chief Risk Officer, Managing Director of Ferratum Capital Germany GmbH, Member of the Directors Team

Lea Liigus

44 Head of Legal and Compliance, Chief Executive Officer of Ferratum Bank p.l.c., Executive Director, Member of the Directors Team

Sari Kauppi

48 Head of People Operations, Member of the Directors Team

Saku Timonen

44 Head of Regions, Member of the Directors Team

Ari Tiukkanen

55 Commercial Director, Member of the Directors Team

Erik Ferm

50 2016 Non-Executive Director

Jouni Hakanen

Non-Executive Director

Juhani Vanhala

65 2005 Non-Executive Director

Paul Wasastjerna

Head of Investor Relations

Biographies

Name Description

Pieter van Groos

Mr. Pieter van Groos has been Non-Executive Chairman of the Board at Ferratum Oyj since 2016. Previously he was Non-Executive Director at Ferratum Oyj since 2015 till 2016. He is also Chairman of the Audit Committee and Member of the Remuneration Committee of the Company. He studied Business Economics and Law at the Erasmus University, Rotterdam, the Netherlands. He has an international business leadership track record in industry, management consulting and financial services with Exxon-Mobil (1986-1994), McKinsey & Company (1994-1998), General Electric (1998-2008), private equity and ventures. In banking, he served as Chairman and CEO of GE Money Bank Czech Republic, Chief Executive Officer of GE Money Bank Austria and held a variety of board positions of financial institutions in Switzerland and Eastern Europe.

Jorma Jokela

Mr. Jorma Jokela is Chief Executive Officer and Executive Director, Member of the Directors Team at Ferratum Oyj since 2005. He is the founder of the Company. He studied accounting at the Commercial College of Kuopio and the Helsinki Business College. He is the founder of Jokela Capital Oy in Helsinki where he was Chief Executive Officer from 1998 to 2000. He subsequently sold the Jokela Capital business in 2004. In 2005, he founded the Group and has been its Chief Executive Officer since then. He previously was Member of the Boards of Avemet Oy, Green Tech Center Oy GTC and JS-Yhtiot Oy.

Clemens Krause

Dr. Clemens Krause is Chief Financial Officer, Chief Risk Officer, Managing Director of Ferratum Oyj Member of the Directors Team of Ferratum Capital Germany GmbH from 2018. Has been Member of the Directors Team of the Company since 2012. He is Member of the Risk Committee at the Company. He studied business administration at the Westfalische Wilhemls-Universitat in Muenster. From 1989 to 1994 he worked at the Institut fur Rechnungswesen in Muenster and completed his Ph.D. thesis. In 1994, he joined Bankgesellschaft Berlin AG where he worked as a manager and director of Project Finance. Later on he held management positions in Germany at Deutsche Bahn, E-Loan Europe, E*Trade Germany, GE Money Bank (General Electric) and Commerzbank. Mr. Clemens Krause is currently managing director of Excellence Wealth Management GmbH.

Lea Liigus

Ms. Lea Liigus is Head of Legal and Compliance, Chief Executive Officer of Ferratum Bank p.l.c., Executive Director, Member of the Directors Team at Ferratum Oyj. She has been Executive Director since 2006, Member of the Directors Team since 2006 and joined the Company in 2006. She is Member of the Remuneration Committee of the Company. She studied law at the University of Tartu in Estonia and completed a master of law (LL.M) program in contract and commercial law at the University of Helsinki in Finland. Before she joined the Group in 2006, she worked as a lecturer for commercial law and EU law at the Estonian Business School in Tallinn and as an attorney-at-law specialized in commercial, financial law and EU law at Sorainen OU in Estonia. She is also Member of the Board of LL Capital Investments OU.

Sari Kauppi

Ms. Sari Kauppi was Head of People Operations, Member of the Directors Team at Ferratum Oyj till 2016. She was also Regional Director, Eastern Europe at the Company. She studied economics, international marketing, business with emerging markets and Russian at Turku School of Economics and Business Administration. Among the position she held thereafter was product manager at TeleMedia Finland Oy in Turku, marketing manager and senior product manager for a sugar confectionery company in Finland and England, export manager for a Finnish jewellery manufacturing company, market manager for a cosmetics company as well as business consultant for a consultancy agency. She joined the Group in 2010.

Saku Timonen

Mr. Saku Timonen is Head of Regions at Ferratum Oyj. He has been Member of the Directors Team at the Company since 2009. He has also worked for the Group since 2009. He studied marketing and finance & economics at the Helsinki School of Economics and Business Administration between 1996 and 2001. From 2000 to 2006 he was relations manager, product manager and marketing planner at Sampo Bank, from 2006 to 2009 he worked as product manager at GE Money Oy. At the Group he was initially the head of lending and Chief Operating Officer before he took the position of Head of the Regions. He is Member of the Board of Herhilainen OU and As Oy Vihdin Kappalaisenpolku.

Ari Tiukkanen

Mr. Ari Tiukkanen is Commercial Director and Member of the Directors Team at Ferratum Oyj. He is the head of Commercial and Operations of the Group and he has worked for the Group since 2015. He studied industrial engineering at Jyvaskyla yliopisto (Jyvaskyla University of Applied Sciences) and graduated as BSc (engineering) 1986. His management experience includes serving as a head of Building & Industry business at Metsa Wood from 2012 to 2015, as Chief Executive Officer of Icare Finland / Revenio Group from 2008 to 2012, as commercial director of Paloheimo Group from 2006 to 2008, as head of Building Products business line at Finnforest from 1999 to 2006, as various management positions at Halton Group from 1992 to 1999. Ari Tiukkanen is currently member of the board of Confederation of Finnish Construction Industries and Finnish Standards Association SFS.

Erik Ferm

Mr. Erik Ferm serves as Non-Executive Director at Ferratum Oyj since 2016. Previously he was Non-Executive Chairman of the Board at Ferratum Oyj till 2016. He has been Member of the Board of the Company since 2012. He is Member of the Audit Committee and Chairman of the Risk Committee of the Company. He studied business administration at the Stockholm School of Economics in Sweden from 1986 to 1990. After graduating from university, he was a manager at PwC from 1991 to 1993, a partner at Maizels, Westerberg & Co in London from 1993 to 2000, an investment director at UBS Capital in London, a partner at Palamon Capital Partners in London until 2012 and since 2012 has been working as a director and a board member of GP Chambers Ltd and has founded Jigsaw Adoption.

Jouni Hakanen

Mr. Jouni Hakanen is Non-Executive Director of Ferratum Oyj. He has experience in digital business and technology strategy, obtained in the course of both leading and building multiple international businesses and consulting companies. For the past 15 years he has been employed by Accenture, during which time he has held several leadership positions, while building the digital and technology capabilities and operations of multiple global companies. During the past year he has also led Accenture’s digital strategy business in the Nordic region and formed part of its core leadership team. Prior to taking up the latter role, he has built and led Accenture’s technology strategy business for four years in the Asia-Pacific region, especially in China, Hong Kong and South-East Asia. Before his consulting career he has acted as managing director for international packaging companies such as Polarcup Singapore Pte Ltd and for the pharmaceutical company Leiras Singapore Pte Ltd, both of which operated in Asia. In his earlier career he has occupied several corporate leadership roles in strategy, corporate business development and marketing in international companies such as Huhtamaki Oyj and Nokia Oyj. He has an academic major in Economics and International Management from the Anderson School of Management at the University of New Mexico, as well as an MBA from the Finnish Institute of Export.

Juhani Vanhala

Mr. Juhani Vanhala is Non-Executive Director of Ferratum Oyj since 2005. He is Member of the Audit Committee and Chairman of the Remuneration Committee of the Company. He studied engineering in Finland between 1974 and 1981. His management experience includes serving as the head of the reliability unit at Teollisuuden Voima Oy from 1984 to 1986, as director of risk management from 1986 to 1990 at Tapiola Insurance Company, as director of Ekono Engineering Oy from 1990 to 1993, as president and partner of RAMSE Consulting Oy between 1993 and 2001, as president of Savcor One Oy from 2001 to 2003, as Chief Executive Officer of VIA Group Oy and as Chief Executive Officer of Respace Oy between 2003 and 2006 and as Chief Development Officer at Empower Group Oy from 2006 to 2012. Currently, he works at Empower Oy as Business line director for centralized and professional services.

Paul Wasastjerna

Basic Compensation