Timo Olavi Ritakallio
Director/Board Member at KESKO OYJ
Net worth: 71 384 $ as of 30/03/2024
Profile
Timo Olavi Ritakallio is currently the Co-Chairman & Chief Executive Officer at OP Financial Group, Vice Chairman at Työeläkevakuuttajat TELA ry, Chairman at Finnish Chamber of Commerce In Japan, Vice Chairman at Arvopaperimarkkinayhdistys ry, Chairman at Suomen Olympiakomitea ry, Chairman at Paulo Foundation, Independent Director at Kesko Oyj, Director at OP Osuuskunta, Director at Kansainvälisen kauppakamarin (ICC) Suomen osasto, Director at Finanssialan Keskusliitto Ry, Director at Finnish Cancer Foundation, Director at Cancer Society of Finland, and Director at Suomen Syöpäinstituutin säätiö sr.
Formerly, Dr. Ritakallio held positions such as Deputy Chief Executive Officer at Pohjola-Yhtyma Oyj, Deputy CEO & Chief Investment Officer at Keskinäinen Eläkevakuutusyhtiö Ilmarinen, Chief Executive Officer at Ilmarinen (Private Equity), President & Chief Executive Officer at Keskinäinen Eläkevakuutusyhtiö Ilmarinen (Research), Chairman at OP Yrityspankki Oyj, Director at SSH Communications Security Oyj, Director at Technopolis Holding Oyj, Independent Director at Outotec Oyj, Director at Nasdaq Nordic Oy, and Director at TKK Executive School of Business.
Dr. Ritakallio obtained a graduate degree from the University of Turku in 1985 and an MBA from Aalto University School of Science & Technology in 2001.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
KESKO OYJ CLASS A
0.00% | 30/12/2023 | 2,000 ( 0.00% ) | 37 930 $ | 30/03/2024 |
KESKO OYJ CLASS B
0.00% | 30/12/2023 | 1,789 ( 0.00% ) | 33 455 $ | 30/03/2024 |
Timo Olavi Ritakallio active positions
| Companies | Position | Start |
|---|---|---|
| KESKO OYJ | Director/Board Member | 11/04/2021 |
Työeläkevakuuttajat TELA ry
 Työeläkevakuuttajat TELA ry Investment ManagersFinance Työeläkevakuuttajat TELA ry is a Finnish organization based in Helsinki, Finland. TELA is an interest group for statutory pension providers responsible for managing the country's pension system. The company's main objective is to strengthen the Finnish pension system. The CEO of the private company is Suvi-Anne Siimes. | Director/Board Member | 31/12/2014 |
OP Financial Group
 OP Financial Group Regional BanksFinance OP Financial Group provides banking, investment and financial services. It operates three segments: Banking, Non-life Insurance and Wealth Management. The firm offers current, saving, foreign currency, return, corporate accounts; debit and credit cards; housing loans, consumer credit, vehicle financing, financing for foreign trade, savings and investment products. It also provides non-life insurance products such as motor vehicle, home and other property policies as well as personal insurance, such as accident, health and travel policies; life insurance products, including pension policies, endowment and unit-linked policies, pure risk policies; and risk management services. The company company was founded in 1902 and is headquartered in Helsinki, Finland. | Chief Executive Officer | 28/02/2018 |
Kansainvälisen kauppakamarin (ICC) Suomen osasto
 Kansainvälisen kauppakamarin (ICC) Suomen osasto Financial ConglomeratesFinance The Kansainvälisen kauppakamarin (ICC) Suomen osasto, founded in 1927 and based in Helsinki, Finland, is a globally recognized business organization that provides dispute resolution services for international commercial disputes through arbitration and mediation. The ICC also serves as a key influencer in international and national decision-making that affects the global business environment. With 6.5 million member companies and organizations, the ICC is the only global industry association that produces reports and research on the state of international trade. The ICC membership is open to all businesses and industry organizations worldwide. | Director/Board Member | - |
OP Osuuskunta
 OP Osuuskunta Major BanksFinance OP Cooperative operates as a holding company with interests in banking, asset management, and non-life insurance services. The company is headquartered in Helsinki, Finland. | Director/Board Member | 04/02/2020 |
| Finanssialan Keskusliitto Ry | Director/Board Member | - |
Suomen Olympiakomitea ry
 Suomen Olympiakomitea ry Miscellaneous Commercial ServicesCommercial Services Suomen Olympiakomitea ry operates as Olympic Committee. The company is headquartered in Helsinki, Finland. | Chairman | - |
| Suomen Syöpäinstituutin säätiö sr | Director/Board Member | - |
| Cancer Society of Finland | Director/Board Member | 31/12/2011 |
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Former positions of Timo Olavi Ritakallio
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Training of Timo Olavi Ritakallio
| University of Turku | Graduate Degree |
| Aalto University School of Science & Technology | Masters Business Admin |
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| KESKO OYJ | Retail Trade |
| SSH COMMUNICATIONS SECURITY OYJ | Technology Services |
| Private companies | 20 |
|---|---|
Pohjola-Yhtyma Oyj
 Pohjola-Yhtyma Oyj Property/Casualty InsuranceFinance Pohjola-Yhtymä Oyj provides non life insurance and investment services. It offers motor, household, accident, medical, travel and animal insurance, asset management and brokerage services. The company was founded in 1891 and is headquartered in Helsinki, Finland. | Finance |
OP Yrityspankki Oyj
 OP Yrityspankki Oyj Regional BanksFinance OP Yrityspankki Oyj provides banking, non-life insurance, and asset management services. It offers financing, investment, and payment transaction solutions to companies and institutions as well as statutory and voluntary insurance policies to corporate and private customers. The company operates through the following segments: Banking, Non-Life Insurance, and Other Operations. OP Yrityspankki was founded on May 14, 1902 and is headquartered in Helsinki, Finland. | Finance |
Technopolis Holding Oyj
 Technopolis Holding Oyj Miscellaneous Commercial ServicesCommercial Services Technopolis Oyj engages in the development, ownership, and operation of a chain of business parks and office spaces. The firm offers reception, security, mail services, catering, meeting services and workplace solutions. It operates through the following segments: Finland, Baltic Rim, and Scandinavia. The Finland segment comprises of Helsinki Metropolitan Area, Tampere, Kuopio, and Oulu business units. The Baltic Rim segment consists of the following campuses: Tallinn in Estonia, Vilnius in Lithuania and St. Petersburg in Russia. The Scandinavia segment includes Oslo and Gothenburg campus. The company was founded on March 31, 1982 and is headquartered in Helsinki, Finland. | Commercial Services |
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
 Keskinäinen Eläkevakuutusyhtiö Ilmarinen Investment ManagersFinance Keskinäinen Eläkevakuutusyhtiö Ilmarinen (Ilmarinen), also known as Ilmarinen Mutual Pension Insurance Co., is an independent Finnish pension insurance firm which was founded in 1961 by Finland’s largest insurance companies and six smaller insurers. Headquartered in Helsinki, Ilmarinen provides pension advisory services and pension insurance services to employees, self-employed persons and company pension funds. | Finance |
Outotec Oyj
 Outotec Oyj Other Metals/MineralsNon-Energy Minerals Outotec Oyj engages in the provision of technology solutions and services that supports the entire life cycles of processes, including operation and maintenance. It operates through the following segments: Minerals Processing; and Metals, Energy and Water. The Mineral Processing segment provides suitable mineral processing solutions from pre-feasibility studies to complete plants and life cycle services. The Metal, Energy and Water Segments gives sustainable solutions for metal processing, renewable energy production, and industrial water treatment. The company was founded in 1910 and is headquartered in Espoo, Finland. | Non-Energy Minerals |
Nasdaq Nordic Oy
 Nasdaq Nordic Oy Investment Banks/BrokersFinance Nasdaq Nordic Oy operates as a stock exchange. It provids trading, clearing, exchange technology, listing, information, and public company services. The company was founded in 1997 is headquartered in Helsinki, Finland. | Finance |
OP Osuuskunta
OP Osuuskunta Major BanksFinance OP Cooperative operates as a holding company with interests in banking, asset management, and non-life insurance services. The company is headquartered in Helsinki, Finland. | Finance |
Työeläkevakuuttajat TELA ry
Työeläkevakuuttajat TELA ry Investment ManagersFinance Työeläkevakuuttajat TELA ry is a Finnish organization based in Helsinki, Finland. TELA is an interest group for statutory pension providers responsible for managing the country's pension system. The company's main objective is to strengthen the Finnish pension system. The CEO of the private company is Suvi-Anne Siimes. | Finance |
Kansainvälisen kauppakamarin (ICC) Suomen osasto
Kansainvälisen kauppakamarin (ICC) Suomen osasto Financial ConglomeratesFinance The Kansainvälisen kauppakamarin (ICC) Suomen osasto, founded in 1927 and based in Helsinki, Finland, is a globally recognized business organization that provides dispute resolution services for international commercial disputes through arbitration and mediation. The ICC also serves as a key influencer in international and national decision-making that affects the global business environment. With 6.5 million member companies and organizations, the ICC is the only global industry association that produces reports and research on the state of international trade. The ICC membership is open to all businesses and industry organizations worldwide. | Finance |
| Finanssialan Keskusliitto Ry | |
Finnish Chamber of Commerce In Japan
 Finnish Chamber of Commerce In Japan Miscellaneous Commercial ServicesCommercial Services The Finnish Chamber of Commerce in Japan (FCCJ) is a non-profit organization that aims to promote trade and economic exchange between Finnish and Japanese companies. It is officially approved by the Japanese Ministry of Economy, Trade and Industry and is part of the Finncham network of 35 Finnish chambers of commerce around the world. The FCCJ offers its members valuable visibility, networking opportunities, and added value services such as help in finding the right experts and institutions, golf tournaments, and an expanded network. The FCCJ is widely recognized throughout the Finnish-Japanese and international business communities in Japan. | Commercial Services |
| Arvopaperimarkkinayhdistys Ry | |
Suomen Olympiakomitea ry
Suomen Olympiakomitea ry Miscellaneous Commercial ServicesCommercial Services Suomen Olympiakomitea ry operates as Olympic Committee. The company is headquartered in Helsinki, Finland. | Commercial Services |
| Finnish Cancer Foundation | |
| Cancer Society of Finland | Commercial Services |
Ilmarinen (Private Equity)
 Ilmarinen (Private Equity) Investment ManagersFinance Ilmarinen (Private Equity) (Ilmarinen) is a private equity subsidiary of Keskinäinen Eläkevakuutusyhtiö Ilmarinen founded in 1996. The firm is headquartered in Helsinki, Finland. | Finance |
| Suomen Syöpäinstituutin säätiö sr | |
OP Financial Group
OP Financial Group Regional BanksFinance OP Financial Group provides banking, investment and financial services. It operates three segments: Banking, Non-life Insurance and Wealth Management. The firm offers current, saving, foreign currency, return, corporate accounts; debit and credit cards; housing loans, consumer credit, vehicle financing, financing for foreign trade, savings and investment products. It also provides non-life insurance products such as motor vehicle, home and other property policies as well as personal insurance, such as accident, health and travel policies; life insurance products, including pension policies, endowment and unit-linked policies, pure risk policies; and risk management services. The company company was founded in 1902 and is headquartered in Helsinki, Finland. | Finance |
| Paulo Foundation | |
| Keskinäinen Eläkevakuutusyhtiö Ilmarinen (Research) | Finance |
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