Governance and Organisation

The General Meeting is our highest decision-making body, where shareholders exercise their voting rights. The General Meeting appoints the members of the Board of Directors and the auditors, and approves the financial statements.

The General Meeting must be held once a year on a date determined by the Board of Directors, no later than six months after the end of the financial year. A written notice of the meeting must be delivered in a verifiable manner no later than four weeks prior to the meeting.

The Board of Directors is responsible for the administration of Espoon Asunnot and for ensuring the proper organization of its operations. The Board supervises and guides the executive management, approves the company’s strategy, and signs the financial statements. The Board consists of seven members, two of whom are elected from among the residents. The term of office for Board members is four years.

In April 2024, the Corporate Governance Division of the Espoo City Executive Board appointed the following members to continue serving on the Board of Espoon Asunnot:

The CEO of Espoon Asunnot is Jaakko Kammonen. He has held the position since 1 January 2018.

The CEO is responsible for the company's business operations, achieving objectives, and administration in accordance with guidelines set by the board.

The deputy CEO is Director of Construction, Pirjo Räihä.