October 4, 2018

Growing Adven strengthens its group executive board: Ilkka Kosola appointed CFO Adven Group

Ilkka Kosola, M.Sc (Econ.) (b. 1973) starts as CFO of Adven Group in January 2019. He has held leading finance positions of global public listed companies for over twenty years. To Adven Mr. Kosola comes from Tieto, where he is responsible for the functions of Group Business Control and Finance Partnering. Before that he has worked in Basware Plc and Fortum Plc.

”I am very pleased that Ilkka will come to Adven”, says Group CEO Jyrki Vainionpää.” He has the right attitude and skills to take our financial operations to the next level and support our growth in the international markets. Also, I believe, that Ilkka is a good people manager for our professionals in the finance team. His curiosity and eagerness to learn Adven businesses make him an executive colleague who will fast contribute in creating additional value. Ilkka’s earlier experience in industrial processes, operations and maintenance, as well as ICT outsourcing speed up onboarding Adven.”

”I am excited to join Adven, a company, whose sustainable energy solutions benefit customers. Already now it has been great to notice how energetic, positive minded and professional personnel Adven has, both in business and support functions. I believe that with my expertise and experience I can contribute in achieving the strategic targets. Strong backup and clear strategic insight of the owners provide me a good platform in the CFO position”, says Ilkka Kosola.

In Tieto Mr. Kosola is currently responsible for the functions of Group Business Control and Finance Partner. Earlier Mr. Kosola worked as the CFO of the Product Development Services of Tieto. Prior to Tieto Mr. Kosola was responsible for Business Control and management accounting of Basware Group. He also led the risk management operations of Fortum Power -division and worked as the Business Controller of Fortum Service (cur. Maintpartner), a company providing operations and maintenance services. Early career steps he took as the Finance and Administration Manager of Metsä Group, Suolahti plywood mills, where he also substituted the Mills Director.

Ilkka Kosola, CFO Adven Group

Mr. Kosola will start in his position in the beginning of January 2019. Until then the position is held by acting CFO Curt Johansson-Holmertz. Former CFO Adven Group, Mikko Kilpinen has resigned from the company.

“I want to take the opportunity to thank Mikko. His role in developing and contributing in the growth of Adven, f. ex. in the owner change and recent acquisitions, has been extremely significant. He is also a highly appreciated colleague and a supervisor,” Vainionpää says.

Additional information:

Jyrki Vainionpää, CEO Adven Group, jyrki.vainionpaa@adven.com, tel. +358 50 486 9869

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