Executive Management Team

Municipality Finance Plc (MuniFin) has a President and CEO, and a Deputy to the CEO, appointed by the Board of Directors (the Board). The President and CEO manages the day-to-day operations of the company in accordance with the instructions of the Board. Decisions on the remuneration and other benefits of the President and CEO and the Deputy to the CEO are made by the Board.

The President and CEO is responsible for managing MuniFin’s operations in a way that ensures the proper implementation of the Board’s decisions. The President and CEO, with the support of the Executive Management Team, manages the implementation and supervision of the strategy as decided by the Board, attends to the management, organisation and supervision of the company’s business and other operations (including the internal audit, risk management and compliance with laws and regulations), decides the type of the organisation model based on operational requirements, and ensures sufficient reporting to the Board on all aspects of MuniFin’s operations.

The President and CEO appoints the members of the Executive Management Team and presents the names of the candidates to the Board who makes the final decisions.

Executive Management Team of MuniFin

Esa Kallio, b. 1963

  • President and CEO 
  • At MuniFin since 2005
  • Education: M.Sc. (Econ.)

Mari Tyster, b. 1975

  • Executive Vice President, Legal and Communications
  • Deputy to the CEO
  • At MuniFin since 2009
  • Education: Master of Laws

Aku Dunderfelt, b. 1975

  • Executive Vice President, Customer Solutions
  • At MuniFin since 2019
  • Education: BBA

Toni Heikkilä, b. 1965

  • Executive Vice President, Risk Management and Compliance
  • At MuniFin since 1997
  • Education: M.Sc. (Finance)

Joakim Holmström, b. 1977

  • Executive Vice President, Capital Markets and Sustainability
  • At MuniFin since 2008
  • Education: M.Sc. (Econ.)

Harri Luhtala, b. 1965

  • Executive Vice President, Finance
  • At MuniFin since 2019
  • Education: M.Sc. (Econ.)

Minna Piitulainen b.1973

  • Executive Vice president, Development and HR Services
  • At MuniFin since 2018
  • Education: M.Sc (Psychology)

Juha Volotinen , b. 1975

  • Executive Vice President, Technology Services
  • At MuniFin since 2021
  • Education: M.Sc. (Econ.)