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OP Financial Group's Overview

Total employees9700
HeadquartersHelsinki
Founded

OP Financial Group is Finland's largest financial services group, operating as a cooperative. It offers a comprehensive range of banking, non-life insurance, and wealth management services to private, corporate, and institutional customers. With a strong focus on its owner-members and local communities, OP aims to promote the sustainable prosperity, security, and wellbeing of its customers and operating regions. Its services include retail and corporate banking, mortgage banking, investment services, asset management, and non-life insurance.

Where is OP Financial Group's Headquarters?

HQ Function

The headquarters houses the central administration, executive management, strategic planning, product development, and support functions for the entire OP Financial Group, coordinating banking, insurance, and wealth management operations.

Notable Features:

The Vallila campus is a modern, award-winning architectural complex designed to foster collaboration and innovation. It features extensive green spaces, advanced technology, and sustainable building practices, consolidating operations previously spread across multiple locations.

Work Culture:

The HQ work culture emphasizes collaboration, customer-centricity, responsibility, and continuous development. It aims to be an inspiring and modern workplace that supports employee well-being and agile ways of working.

HQ Significance:

The Vallila headquarters symbolizes OP's commitment to modernizing its operations, fostering a unified corporate culture, and providing a state-of-the-art environment for its employees. It represents a significant investment in the future of the Group.

Values Reflected in HQ: The headquarters' design and functionality reflect OP's core values: People-first approach, Responsibility, and Prospering together. Sustainability, employee well-being, and technological advancement are evident in its architecture and operations.

Location:

While OP Financial Group's primary focus is on the Finnish market, it has a notable international presence, particularly in the Baltic countries (Estonia, Latvia, and Lithuania) where it offers banking services through OP Corporate Bank plc branches and non-life insurance through Pohjola Insurance. The Group also serves international corporate clients and may have representative functions in other financial centers to support its global business activities and partnerships.

Street Address:

Gebhardinaukio 1

City:

Helsinki

State/Province:

Uusimaa

Country:

Finland

OP Financial Group's Global Presence

Tallinn, Estonia

Address: Liivalaia 45, 10145 Tallinn (OP Corporate Bank plc, Estonia branch) and Suur-Ameerika tn 12, 10122 Tallinn (Pohjola Insurance AS, Estonia branch)

To solidify and expand OP Financial Group's presence in the strategically important Baltic market, offering a range of financial products and services tailored to local needs.

Buying Intent Signals for OP Financial Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of OP Financial Group

As of April 2025, OP Financial Group' leadership includes:

Timo Ritakallio - President and Group Chief Executive Officer
Harri Luhtala - Executive Vice President, Chief Financial Officer (CFO)
Katja Keitaanniemi - Executive Vice President, Banking, Private and SME Customers
Kasperi Kropsu - Chief Technology Officer & Chief Development Officer
Sakari Lehtoruusu - Chief Risk Officer (CRO)
Outi Kallasvirta - Chief Human Resources Officer (CHRO)

Investors of OP Financial Group

OP Financial Group has been backed by several prominent investors over the years, including:

Primarily owned by its approximately 2 million owner-customers (Cooperative Structure)

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits2

OP Financial Group has seen a few key appointments in its Group Executive Management Team over the past year, including a new Chief Risk Officer and a new Chief Human Resources Officer, strengthening its leadership for strategic development and operational excellence. These changes reflect a focus on robust risk management and human capital development.

Departures

Mikko Timonen, Mikko Timonen departed from his role as Chief Risk Officer.
Leena Korkko, Leena Korkko retired from her position as Chief Human Resources Officer.

New Appointments:

Sakari Lehtoruusu, Sakari Lehtoruusu appointed as new Chief Risk Officer and member of the Group Executive Management Team.
Outi Kallasvirta, Outi Kallasvirta appointed as new Chief Human Resources Officer and member of the Group Executive Management Team.

Technology (Tech Stack) used by OP Financial Group

Discover the tools OP Financial Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

OP Financial Group Email Formats and Examples

OP Financial Group typically uses a standard email format for its employees, primarily based on firstname and lastname combinations. Understanding this format can be useful for professional communication.

firstname.lastname@op.fi

Format

matti.meikalainen@op.fi

Example

85%

Success rate

News and media

op.fiApril 25, 2024

OP Financial Group’s Interim Report for 1 January–31 March 2024: Earnings and capital adequacy remained strong

OP Financial Group's earnings before tax for January–March 2024 were EUR 463 million, a decrease from the previous year's strong comparison period. Capital adequacy (CET1) remained robust at 19.0%. The Group saw continued growth in home mortgage and corporate loan portfolios....more

op.fiMay 21, 2024

OP to start change negotiations in OP Retail Customers business segment services and proposes changes to OP cooperative banks’ service network

OP Financial Group announced plans to start change negotiations affecting its Retail Customers business segment's central cooperative consolidated services. The changes aim to improve operational efficiency and adapt to evolving customer behavior, potentially impacting up to 450 positions and leading to adjustments in the branch network....more

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