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Sun, 24 Nov, 2013 03:05:14 AM
Ailuksen to resign on following irregularity allegations
FTimes-STT Report, November 24
 
File picture of chief executive director of Keva, Merja Ailuksen. Photo - Lehtikuva.
The Board of Directors of Keva (Kuntien Eläkevakuutus), the pension scheme company for the local government employees, is yet to finalise a replacement for its outgoing CEO Merja Ailuksen, who had announced to resign over graft allegations.
 
Ailuksen announced on Friday that she would resign by the end of this year following widespread controversies for over a month over her alleged irregularities.
 
Keva Director Sallamaari Muhonen said the list of candidates was pretty long; but the board was yet to consider any of them.
 
The director said the process of choosing the next CEO will begin after internal investigation into Ailuksen’s charges was complete by the middle of December.
 
The board is also likely to make a decision about the bonuses and benefits of the management stuff by this time.
 
Heini Jalkanen, another director, said the current structure of benefits and bonuses was reasonable.
 
“There is no need for an immediate decision regarding the benefits just because of the public pressure. The pension and investment operations are working well,” said Jalkanen.
 
The graft allegations against Ailuksen include deliberately undervaluing her housing company to evade tax and lack of transparency in the process through which she bought an expensive car.
 
She was also criticised for the €250,000 renovation works that was commissioned on her company housing.
 
 
 
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