Pohjola Pankki Oyj - Changes board/management/auditors

New appointments to OP Cooperative's Executive Board

Pohjola Bank plc
OP Cooperative
Stock Exchange Release
23 September 2015


New appointments to OP Cooperative's Executive Board

At its meeting on 23 September 2015, the Supervisory Board of OP Financial
Group's central cooperative decided on new appointments to the Executive Board.

Harri Nummela has been appointed Executive Vice President, Digital Business and
Customer Experience. In his new position, he manages the transformation of OP
Financial Group from a traditional financial services provider to the financial
actor in the digital era. Mr Nummela previously acted as Executive Vice
President, Wealth Management, and has worked for OP Financial Group since 1992.

Karri Alameri has been appointed a new Executive Vice President, Wealth
Management. He was previously in charge of the Group's investment and has held
various positions in OP Financial Group since 2009.

Outi Taivainen has been appointed a new Executive Vice President, Human
Resources. She will move to OP Financial Group from Kone Corporation where she
has acted as Head of HR, Central and North Europe. Ms Taivainen will take up her
duties at OP Financial Group in mid-November.

All of the three executives will report to Reijo Karhinen, President and Group
Executive Chairman.

As announced previously, Teija Sarajärvi, Executive Vice President, Human
Resources, will become employed as Senior Vice President, Human Resources, by
Huhtamäki Corporation.

The Executive Board of OP Cooperative is presented on OP's website at op.fi > OP
Financial Group > Corporate Governance.


Pohjola Bank plc
OP Cooperative
Carina Geber-Teir
Executive Vice President, Corporate Communications

For more information, please contact:
OP Communications, media contacts, tel. +358 (0)50 523 9904

DISTRIBUTION
NASDAQ OMX Helsinki
LSE London Stock Exchange
SIX Swiss Exchange
Major media
op.fi, pohjola.com


Pohjola is part of Finland's leading customer-owned financial services group OP
Financial Group. Pohjola provides its customers with banking, non-life insurance
and asset management services. Pohjola acts as OP's central bank and is
responsible, together with OP Mortgage Bank, for OP's funding in the money and
capital markets. As laid down in the applicable law, Pohjola, its parent company
OP Cooperative and other OP Financial Group member credit institutions are
ultimately jointly and severally liable for each other's debts and commitments.
Joint and several liability within OP Financial Group is based on the Laki
talletuspankkien yhteenliittymästä Act (Act on the amalgamation of deposit
banks).
www.pohjola.fi

OP's mission is to promote the sustainable prosperity, security and wellbeing of
its customer-owners, customers and operating regions. Its objective is to offer
the best and most versatile package of loyal customer benefits on the market. OP
Financial Group consists of about 180 member cooperative banks, its central
cooperative OP Cooperative, and the latter's subsidiaries and affiliates.
www.op.fi


[HUG#1953986]