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2015-09-23

Pohjola Pankki Oyj: New appointments to OP Cooperative's Executive Board

Pohjola Bank plc

OP Cooperative
Stock Exchange Release
23 September 2015

New appointments to OP Cooperative's Executive Board

At its meeting on 23 September 2015, the Supervisory Board of OP Financial
Group's central cooperative decided on new appointments to the Executive
Board.

Harri Nummela
has been appointed Executive Vice President, Digital Business and Customer
Experience. In his new position, he manages the transformation of OP
Financial Group from a traditional financial services provider to the
financial actor in the digital era. Mr Nummela previously acted as Executive
Vice President, Wealth Management, and has worked for OP Financial Group
since 1992.

Karri Alameri
has been appointed a new Executive Vice President, Wealth Management. He was
previously in charge of the Group's investment and has held various positions
in OP Financial Group since 2009.

Outi Taivainen
has been appointed a new Executive Vice President, Human Resources. She will
move to OP Financial Group from Kone Corporation where she has acted as Head
of HR, Central and North Europe. Ms Taivainen will take up her duties at OP
Financial Group in mid-November.

All of the three executives will report to Reijo Karhinen, President and Group
Executive Chairman.

As announced previously, Teija Sarajärvi, Executive Vice President, Human
Resources, will become employed as Senior Vice President, Human Resources, by
Huhtamäki Corporation.

The Executive Board of OP Cooperative is presented on OP's website at op.fi>OP
Financial Group>Corporate Governance.

Pohjola Bank plc
OP Cooperative
Carina Geber-Teir
Executive Vice President, Corporate Communications

For more information, please contact:
OP Communications, media contacts, tel. +358 (0)50 523 9904

DISTRIBUTION

NASDAQ OMX Helsinki
LSE London Stock Exchange
SIX Swiss Exchange
Major media
op.fi, pohjola.com

Pohjola is part of Finland's leading customer-owned financial services group
OP Financial Group.
Pohjola provides its customers with banking, non-life insurance and asset
management services.
Pohjola acts as OP's central bank and is responsible, together with OP
Mortgage Bank, for OP's funding in the money and capital markets.
As laid down in the applicable law, Pohjola, its parent company OP Cooperative
and other OP Financial Group member credit institutions are ultimately
jointly and severally liable for each other's debts and commitments.
Joint and several liability within OP Financial Group is based on the Laki
talletuspankkien yhteenliittymästä Act (Act on the amalgamation of deposit
banks).
www.pohjola.fi

OP's mission is to promote the sustainable prosperity, security and wellbeing
of its customer-owners, customers and operating regions.
Its objective is to offer the best and most versatile package of loyal
customer benefits on the market.
OP Financial Group consists of about 180 member cooperative banks, its central
cooperative OP Cooperative, and the latter's subsidiaries and affiliates.
www.op.fi

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Pohjola Pankki Oyj via Globenewswire

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