Savings Banks’ Union Coop and its duties

In accordance with the Group’s operating principles, the chairman of each Savings Bank is appointed to the Supervisory Board as a member, and the deputy chairman as a deputy. The Supervisory Board currently comprises 22 members. Nooa Säästöpankki is not represented on the Supervisory Board.

The function of the Supervisory Board is to oversee the administration of the central institution, which is the responsibility of the Board of Directors and Managing Director, and to ensure that the operation of the central institution is conducted competently and diligently in accordance with the Cooperatives Act and for the benefit of the central institution and the Amalgamation. A particular task of the Supervisory Board is to maintain and promote internal cooperation. The Supervisory Board may provide the Board of Directors with guidance in issues that are wide-reaching or important in terms of policy.

A further task of the Supervisory Board is to issue a statement to the cooperative meeting on the Savings Banks Group’s strategy and other common goals and operational policies, to approve the guidelines on the inspection activities and the operational principles of the inspections of the Savings Banks Amalgamation, as well as provide the annual General Meeting of of the Savings Banks’ Union Coop with a statement on the annual financial statements and annual report.

The Supervisory Board confirms its rules of procedure, which define its practical duties in more detail.

The Supervisory Board convenes on the invitation of the chairman, or if the chairman is indisposed, the vice-chairman or the Board of Directors, and a quorum is reached if more than half the members are present. A decision is formed when more than half of those present are in favour of a view, or, if the vote is hung, the view supported by the chairman. Minutes are kept of the meetings, containing the names of those present, decisions made, and the results of any votes.

Customarily, the Supervisory Board meets 3–4 times a year. The matters addressed at the meetings are mostly prepared by the Board of Directors of the central institution and proposed by the Managing Director.

Chairman, vice-chairman and members of the Supervisory Board

Member

Savings Bank

Deputy member

Jaakko Puomila, chairman

Länsi-Uudenmaan Säästöpankki    

Johan Mild

Pauli Kurunmäki, vice-chairman     

Huittisten Säästöpankki

Harri Lumme

Eero Laesterä

Aito Säästöpankki

Timo Saraketo

Markku Tyynismaa

Avain Säästöpankki

Erkki Laide

Ulf Sjöblom

Ekenäs Sparbank

Peter Storsjö

Jari Naarmala

Eurajoen Säästöpankki

Jussi Aarnio

Juha Viljamaa

Helmi Säästöpankki

Pekka Siltala

Heikki Peltola

Kalannin Säästöpankki

Päivi Nuutila

Jaana Kulmala

Kiikoisten Säästöpankki

Katri Ylitalo

Björn West

Kvevlax Säästöpankki

Anita Sundman

Timo Virtanen

Lammin Säästöpankki

Sirpa Pietikäinen

Jaakko Ossa

Liedon Säästöpankki

Matti Säteri

Teppo Mikkola

Mietoisten Säästöpankki

Maria Kavén

Henry Bergman

Myrskylän Säästöpankki

Jussi Karinen

Dan Liljedal

Närpes Sparbank

Torbjörn Nygård

Kai Saarinen

Pyhärannan Säästöpankki

Tuire Impola

Arto Seppänen

Someron Säästöpankki

Esa Pajulo

Kirsi Korhonen

Suomenniemen Säästöpankki

Seppo Puhakka

Jarmo Olkkonen

Sysmän Säästöpankki

Markku Karnaattu

Antero Savolainen

Säästöpankki Optia

Eero Halonen

Risto Salomaa

Säästöpankki Sinetti

Minna Naapila

Jorma Lammi

Ylihärmän Säästöpankki

Esa Kankaanpää