Jukka Ruuska has been President of the OMX Nordic Exchanges since 2003, when the Helsinki Stock Exchange (HEX) and the Stockholm Stock Exchange parent company OM were merged, and President of the Stockholm Stock Exchange since 1 January 2005. As of February 2008 he was appointed Executive Vice President of Transaction Services Europe in the NASDAQ OMX Group merged in early March 2008 and reports to Bob Greifeld, Chief Executive Officer of NASDAQ OMX.
Prior to joining HEX as President and CEO in 2000, he had held various positions since 1988 in telecommunications groups HTC and Finnet Group, investment bank Prospectus Oy and KOP Bank.
Mr Ruuska was born in 1961 and has graduated as a Master of Law (LL.M.) and a Master of Business Administration (MBA). He will report to CapMan Plc’s CEO Heikki Westerlund.
”We are delighted that Jukka is joining CapMan and feel confident that his all-round experience in Nordic public markets will be a major advantage in heading the new public markets fund business development project,” says Heikki Westerlund, CEO of CapMan Plc.
CapMan announced that the Group was investigating the establishment of a fund investing in public markets under the future outlook of the 2007 Financial Statements Bulletin published on 1 February 2008. The objective in the fund’s activities and portfolio value creation is to utilise CapMan’s experience spanning almost twenty years of building shareholder value in unquoted companies. The fund’s strategy is to make controlling or influential minority investments in select Nordic mid cap companies, which it will perseveringly develop for a period of some three to five years together with other owners and company executives.
CapMan will report on the project’s progress in due course.
For further information, please contact:
Heikki Westerlund, CEO, CapMan Plc, tel. +358 207 207 504 or +358 50 559 6580
Jukka Ruuska, tel. +46 73 4497 200