Change in Aktia’s Executive Committee

Max Sundström leaves Aktia and transfers to the company’s strategic partner CGI

Aktia Bank Plc
Stock exchange release
11 October 2022 at 9.05 a.m.

Change in Aktia’s Executive Committee: Max Sundström leaves Aktia and transfers to the company’s strategic partner CGI

Max Sundström, Aktia's Chief Transformation Officer and member of the Executive Committee, will leave his duties in Aktia on 31 December 2022 at the latest.

Mr Sundström transfers to IT service company CGI as part of the strategic cooperation announced by Aktia today, 11 October 2022. Through the cooperation, CGI and the joint venture between Aktia and CGI to be established will provide Aktia with a significant part of the maintenance and development services for Aktia's banking business IT systems in the future. At the same time, a significant part of the capacity and data centre services of Aktia's banking business will be transferred to CGI.

“Max Sundström has played a very important part in Aktia's strategy work, development and transformation of the group. I would like to sincerely thank Max for the past years. I am glad that we can continue to cooperate with Max in the future,” says Mikko Ayub, CEO of Aktia.

Sundström has been employed by Aktia and a member of the Executive Committee since 2019.

Aktia Bank Plc

Further information:
Lotta Borgström, Director, Investor Relations and Communications
Tel. [phone], lotta.borgstrom(at)aktia.fi

Distribution:
Nasdaq Helsinki Ltd
Mass media
www.aktia.com

Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds also internationally. We employ approximately 900 people around Finland. Aktia's assets under management (AuM) 30/06/2022 amounted to EUR 13.9 billion and the balance sheet total was EUR 11.9 billion. Aktia's shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com