Tuomas Mäkipeska. Credit: YIT

Change in the YIT Management Team

YIT Corporation's Board of Directors has appointed Tuomas Mäkipeska (43, M.Sc. in Economics) as YIT’s Chief Financial Officer and a member of the Group Management Team. He shall take over his position latest at the beginning of February 2022.

Tuomas Mäkipeska is currently working as the Senior Vice President of Facility Services division at Lassila & Tikanoja Plc. Prior to his current position, he worked as the Group CFO, as well as Interim CEO of Lassila & Tikanoja Plc.

“I am very pleased to welcome Tuomas to the YIT Group Management Team. Tuomas has wide understanding of the role of finance as an enabler for a successful organisation. He has an extensive track record of delivering high-performing results both in business and in finance. CFO is wingman for a CEO. With his strategic capability, leadership and energy, I am confident that he will become a key contributor to the overall success of YIT in the future. I warmly welcome Tuomas Mäkipeska to YIT”, says Markku Moilanen, President and CEO of YIT.

“I am excited to join the YIT Group. YIT is a great company and its mission – Creating better living environments – inspires me personally. I am committed to contribute to the performance and risk management of the company to create even more successful YIT in the coming years”, says Tuomas Mäkipeska.

The YIT Group’s current CFO Ilkka Salonen has requested to leave YIT to focus on Board membership and advisor roles in the future. He will continue as the CFO of YIT until Tuomas Mäkipeska joins the company.

“I want to give my warm thanks to Ilkka Salonen for his work as a CFO at YIT and Lemminkäinen. Ilkka has had a key role in the integration process of the two companies. As a result, the balance sheet of YIT has been strengthened and financing of the company is secured for years to come. Ilkka is a highly respected colleague at YIT. I wish him all the best in his future endeavours”, says Markku Moilanen.

Sign up for our ACROSS Newsletter. Subscribe to ACROSS Magazine.

Ticker MORE

Cushman & Wakefield Hires Ben Binns for Senior EMEA Retail Role

Cushman & Wakefield has appointed Ben Binns as Head of Cross Border Retail Agency, EMEA, the latest strategic senior hire for the firm this year.

SES Spar European Shopping Centers continues to invest in its own power generation

SES is setting up an additional large-scale photovoltaic installation on Top of the Shopping Centers “MARIANDL” in Krems. This marks the third large-scale photovoltaic system for a SES-Centers.

Collaboration is Key to Rebuilding the Retail Ecosystem

Societies have changed, retail has changed, and so must architecture and the real estate industry. “Le 31” has become a model for Redevco’s vision on how to redefine retail and create a connected community of stores, partners, and visitors.

What Does the Permanent Shift in Consumer Behavior Mean for Retail Destinations?

The last two years have shown us that nobody can predict the future, but: Understanding detailed customer behavior and responding with specific value and service are no longer “extras” with respect to the retail business model – they are essential to survival.

Over 40 million products at Kaufland.de

The ever-growing product range: Online marketplace Kaufland.de now offers more than 40 million products from over 8,000 online retailers. In recent months, 10 million new items have been added, especially to the homeware, electronics, kitchen & household product worlds.

MARK appoints Bruce Gillingham Pollard on Borough Yards project

The European private equity real estate investment manager, MARK, has appointed Bruce Gillingham Pollard to advise on retail leasing alongside CBRE at the Borough Yards development in London SE1.