The Finnish Pension Alliance (Tela) has appointed Saara-Sofia Sirén as its new managing director.

Sirén will start her new role on 1 May 2026, provided the Finnish Parliament grants her resignation from her position as a member of parliament, and replace Tela’s current managing director, Suvi-Anne Siimes, who will step down on that date.

Tela’s board of directors decided to appoint Sirén in a meeting on 22 January.

Commenting on the appointment, Tela chair of the board and Elo Mutual Pension Insurance Company CEO, Carl Pettersson, said: “We’re extremely happy to appoint Saara-Sofia Sirén as new managing director.

“Her background and experience give her excellent credentials for leading Tela at a time when geopolitical tensions, Finland’s economy and general uncertainty challenge both the pension system and investment in many different ways. Sirén will be a managing director who will build trust and collaboration both between stakeholders and within the pension sector.”

Adding to this, Sirén thanked the board of Tela for the “trust placed” in her.

“If parliament assents to my resignation, I can, in my new role as managing director of Tela, continue my work to promote the sustainability of the welfare state and inter-generational justice,” she said.

“The pension sector is closely linked to individuals’ daily lives and our society’s social and economic stability in a crucial way. It’s a great honour to be able to work to strengthen the earnings-related pension system, and to keep trust in the Finnish pension system strong.”

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