Corporate Governance

Board of Directors

The Board of Directors has overall responsibility for the administrative and operational organization of Efecte Plc and its subsidiaries. The Board of Directors ratifies the principles that govern group strategy, organization, accounts and financial management, and appoints the group’s Chief Executive Officer.

Efecte Plc’s shareholders elect the Board of Directors annually in the Annual General Meeting. The Board of Directors comprises of three to six members. The term of office of the Board members ends at the conclusion of the first Annual General Meeting which is convened after the election. The Board of Directors elect a chairman from amongst themselves.

Board members

See the Board's shareholding here.

Pertti Ervi

Chairman of the Board

Chairman of the Board since 2011
B.Sc. (Electronics)
Independent of the company and its largest shareholders

Background add

Born 1957

Career history and positions of trust

Professional Board Member, Advisor and Investor
Member of the Board at F-Secure Corp. since 2003 and Chairman of the Board 2004–2006;
Chairman of the Board at QPR Oyj since 2021;
Member of the Board at Pointsharp International AB since 2021;
Co-founder and Chairman of the Board at Mintly Oy since 2017
Member and Chairman of the Board at Teleste Corp. 2009-2020;
Chairman of the Board at Comptel Plc 2012–2017;
Member/Chairman of the Board of several listed technology companies and growth companies 2000 -
Computer 2000 AG 1995–2000: Co-CEO; Computer 2000 Finland Oy 1980–1995: CEO

Eric Gustavsson

Member of the Board

Member of the Board since March 2022
Nationality: Sweden
MSc (Finance & Accounting)
Independent of the company and its major shareholders

Background add

Born 1988

Career history and positions of trust:

Twoday since 2023: Director, M&A and Strategy
Edisen 2020-2023: Head of M&A and CorpDev
Iver 2018-2019: Deputy Board Member
IP-Only 2016-2019: Deputy Board Member
EQT Partners 2016-2019: Private Equity Investment Professional
Zeres Capital 2014-2016: Public Equity Investment Professional
Nordea 2011-2013: Investment Banking Professional

Panu Hannula

Member of the Board

Member of the Board since 2023
M.Sc, Industrial engineering and management, Certified Board Member (2021)
Independent of the company and its largest shareholders

Background add

Born 1967

Career history and positions of trust:

Group CIO, Musti Group Oyj since 2015
Advisor to growth companies in IT sector (Luoto Company since 2018, Netox 2021-2022)
Group CIO, Metsä Group, 2011-2015
Group CIO, Onninen, 2006-2011
Nokia, various senior management positions in corporate IT, 2001-2006
VP, Corporate IT, Metso Oyj, 1999-2001

Esther Donatz

Member of the Board

Member of the Board since 2020
Nationality: German
Certified translator and interpreter specialized in technology
Independent of the company and its largest shareholders

Background add

Born 1963

Career history and positions of trust:

Censhare AG, since 2020: Chief Executive Officer (previously Chief Sales Officer)
Awarded IT Woman of the Year – Gold in 2018
T-Systems International GmbH, SVP Solutions and Projects and SVP Strategic Deals & Solutions, 2016-2018
VMware Global Inc 2007-2015: Various management positions in Sales and Go-to-Market
F5 Networks: 2000-2007
3Com: 1996-2000

Turkka Keskinen

Member of the Board

Member of the Board since 2015
M.Sc. (Econ.)
Independent of the company and its largest shareholders

Background add

Born 1964

Career history and positions of trust

UPM-Kymmene Corporation since 2008: CIO
CIO of the year 2012 and IT people leader of the year 2010 in Finland
UPM-Kymmene Corporation 1989–2008: SVP, business control and financial services and several other leadership positions in finance, HR or IT
Member of the Board at ICT Leaders of Finland since 2018
Member of the Board at The Finnish Information Processing Association 2014–2015
Chosen as top 100 ICT influencer in Finland for several years (by Tietoviikko magazine)