Helsinki, Finland, 2011-11-01 11:35 CET (GLOBE NEWSWIRE) -- A new era of growth has begun for Euroloan Consumer Finance Plc. as L.LM Seppo Sairanen accepts responsibility as the new Chairman of the company’s Board of Directors. Mr. Sairanen is one of the leading profiles in the Financial Services industry in Finland. Euroloan’s CEO and founding partner Mr. Pauli Hentunen will move to a new role as the Chairman of Euroloan’s main owner, the holding company Cochito Oy. Mr. Tommi Lindfors, co-founding partner and Chairman of the Board of Euroloan has been appointed as CEO of Euroloan starting November 1, 2011. The management team is further strengthened with Mr. Samuli Korpinen as the new COO and Country Manager Finland of Euroloan. Mr. Korpinen joins the team from Nordea Bank Finland Plc.
“These organizational changes are essential and extremely positive steps for the future expansion of Euroloan, which is now on its way to becoming a leading international player in consumer finance” Mr. Hentunen summarizes.
Mr. Seppo Sairanen, the new chairman of the board, emphasizes the scalability of Euroloan’s business concept as well as the strong financial performance of the company. Mr. Sairanen has confidence in Euroloan’s growth targets and sees the success potential also in the international operations of Euroloan.
Mr. Seppo Sairanen joined Euroloan as a shareholder and Board Director in spring 2011. Now he accepts the new responsibility as the Chairman of the Board of Directors of the company and will actively participate in developing the business and expansion strategy of Euroloan. The international expansion in Europe that has started in the fall of 2011 will require careful planning and determined strategy implementation in order to be successful, according to Mr. Sairanen.
“I am very excited in assuming new responsibilities in this growth company and believe my solid experience within the financial industry will help Euroloan to grow sustainably and profitably” Mr. Sairanen concludes.
Tommi Lindfors
CEO
Euroloan Consumer Finance Plc
+358 10 217 1002