Aktia Bank and Aktia Life Insurance initiate change negotiations
03 November 2022 - 6:30PM
Aktia Bank and Aktia Life Insurance initiate change negotiations
Aktia Bank Plc Press release 3 November 2022 at 9.30
am Aktia Bank and Aktia Life Insurance
initiate change negotiations Aktia Bank
Plc and Aktia Life Insurance Ltd will initiate change negotiations
under the Co-operation Act to reorganise their
operations.
The aim of the negotiations is to clarify and simplify the
organisational structure in order to support an excellent customer
experience, growth and efficient operating practices, in line with
the strategy. The companies are planning to harmonise jobs by
centralising and clarifying responsibilities.
The planned measures are estimated to have an impact on job
descriptions and the number of jobs, which is why Aktia Bank and
Aktia Life Insurance will initiate change negotiations in
accordance with Chapter 3 of the Co-operation Act on 11 November
2022. The negotiations will concern appr. 430 employees. Planned
changes to the organisational structure, changes to jobs and job
descriptions, and possible reductions in the number of employees
will be discussed in the negotiations. According to preliminary
estimates, the planned measures may lead to termination of a
maximum of 70 employment relationships. In addition, there may be
changes to job descriptions and other employment terms. According
to the plans there will be appr. 30 new
vacancies. “Efficient operations are one of
the priorities in our growth strategy. By streamlining
organisational structures and clarifying roles, we can operate more
efficiently in the current market environment and ensure our
competitiveness now and in the future. Needs for change like these
are never easy for staff, and therefore we want to discuss the
plans in an open and constructive spirit with our staff
representatives,” says Mikko Ayub, CEO of
Aktia.
Further information:
Juha Hammarén, Deputy CEO, tel. +358 10 247 6350,
juha.hammaren(at)aktia.fi
Lotta Borgström, Director, Investor Relations and
Communications, tel. +358 10 247 6838,
lotta.borgstrom(at)aktia.fi
Aktia is a Finnish asset manager, bank and life insurer that has
been creating wealth and wellbeing from one generation to the next
for 200 years. We serve our customers in digital channels
everywhere and face-to-face in our offices in the Helsinki, Turku,
Tampere, Vaasa and Oulu regions. Our award-winning asset management
business sells investment funds also internationally. We employ
approximately 900 people around Finland. Aktia's assets under
management (AuM) 30/06/2022 amounted to EUR 13.9 billion and the
balance sheet total was EUR 11.9 billion. Aktia's shares are listed
on Nasdaq Helsinki Ltd (AKTIA). aktia.com
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