Finnish Industry Investment promotes Jan Sasse

Sasse, who has led the state-owned investment firm’s Growth Investments team since 2015, is replacing Martin Backman as president and CEO.

State-owned investment firm Finnish Industry Investment (FII) announced the promotion of Jan Sasse (pictured), head of FII’s Growth Investments team since June 2015, to president and CEO yesterday.

Sasse will take the reins from Martin Backman, who has been president and CEO since 2014, on March 6 2017, the date Backman leaves FII to join financial services provider Aktia Bank as CEO.

Established in 1995, FII’s mission is to develop Finland’s venture capital and private equity market as well as promote Finnish businesses while generating a commercial profit. FII operates as an active minority shareholder, providing access to business expertise and international networks, and is also a limited partner in select funds. 

In his role as head of the Growth Investments team, Sasse managed FII’s direct investments. Before joining FII, he served in various leadership roles at consulting companies and investment firms.

As a managing director at professional services firm Accenture’s Products Industry Group in Finland from 2011 until January 2015, Sasse provided large corporate clients in sectors such as industrial equipment and retail with management consulting, IT and outsourcing services, according to his LinkedIn profile.

Prior to that, Sasse was an executive advisor at investment firm Norvestia and CEO of digital consultancy Satama Interactive. He has also served on the boards of healthcare company Coronaria Hoitoketju and design agency Idean Enterprises.

Esa Lager, FII’s chairman, said: “[Sasse] has extremely broad international experience ranging from private equity to complex corporate restructuring… [he] is an excellent choice for leading the company onwards to further success.”

Sasse said: “[FII] plays a central role both in financing growth companies in Finland, and in promoting the international expansion of Finnish companies. It will be rewarding to continue with [FII]’s skilled personnel along our chosen development path.”

– Image courtesy of LinkedIn

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