Treasury Management Internation Logo
My Life in Treasury
Published  3 MIN READ

People in Focus

Ari-Pekka Latti, Group Treasurer, Metsä Group and Co-ordinator, Finnish Association of Corporate Treasurers

Ari-Pekka Latti is the Group Treasurer of the Metsä Group, a Finnish forest industry group with a presence in international markets  whose business operations cover the entire value chain. This starts in the forests from which  the group obtains its wood supplies, continuing through to sawmills  and the wood products industry. As the name suggests, pulp mills produce the pulp (or fibre) which is the main constituent of the carton board used in high quality packaging for items such as medicine, cosmetics and food. Metsä is one of the leading producers  and users of renewable energy in Finland.

Ari-Pekka Latti, Group Treasurer, Metsä Group and Co-ordinator, Finnish Association of Corporate Treasurers

Ari-Pekka Latti began work began work in the financial markets in the early 1990s, with a primary focus on various funding roles,  firstly as the Long-term Funding Manager at SKOP Bank in Helsinki, and then joining Finnish Export Credit Ltd as Senior Manager, Treasury. In 1992 he was appointed  Deputy Director, Head of Funding, Liquidity and Investor Relations of Finland’s State Treasury, where he also served  as the Finnish representative  on the EU EFC Working Group on Government Bonds and Bills from 2001 to 2010, the year in which he joined Metsä.

The Finnish Association of Corporate Treasurers (FACT) is a small group which started about 16 years ago and now has links with some 38 companies whose corporate treasurers meet  twice a year – although currently physical meetings are of course not possible during the Covid-19 pandemic – to discuss treasury topics of current interest, and listen to prominent speakers who are often invited to give presentations. In many ways, FACT operates as a club, with no formalised structure or board of directors; it has been a member of the European Association of Corporate Treasurers (EACT) since 2005 and Ari-Pekka Latti is FACT’s representative at the European Association and sits on its board.