Operations and strategy
1.4 Division of responsibilities between members of the Board
Olli Rehn is the Governor of the Bank of Finland. He has been in post since 12 July 2018. Governor Rehn is responsible for monetary policy preparation, domestic economic policy, external communications, international affairs and internal audit. The Governor is a member of the Governing Council of the European Central Bank and represents Finland on the Board of Governors of the International Monetary Fund.
Marja Nykänen has been a member of the Bank of Finland Board since 1 February 2017. She is responsible for financial stability issues, macroprudential policy, statistics, legal affairs, financial and personnel administration, and security and real estate issues. She also bears responsibility for the risk control of investment activities and monetary policy, the financial stability process and the activities of the Management Group of the Bank of Finland’s pension fund. Marja Nykänen is also Chair of the Board of the Financial Supervisory Authority.
MEMBER OF THE BOARD
Tuomas Välimäki has been a member of the Bank of Finland Board since 12 July 2018. He is responsible for monetary policy implementation and investment of the Bank’s financial assets, as well as payment systems and cash supply. His responsibilities also cover information management, the development of a digital euro, and the Bank’s research function, including the Bank of Finland Institute for Emerging Economies (BOFIT). Välimäki is an alternate member of the Governing Council of the European Central Bank.