Management

Avara is an expert in residential real estate investment whose operating model is based on core functions being performed in-house and supporting functions being responsibly and efficiently outsourced to a selected partner network.

Management Team

Avara’s business is led by its CEO with the support of the Management Team.

Mika Savolainen
Mika Savolainen

CEO, Partner

  • M.Sc. (Tech.), eMBA, KJs
  • At Avara since 2013
  • Holds 7.5% of Avara Oy’s share capital through Erreon Oy
Harri Retkin
Harri Retkin

CIO and CFO, Partner

  • M.Sc. (Econ.)
  • At Avara since 2012
  • Holds 7.5% of Avara Oy’s share capital through Erreon Oy
Tuomas Rantsi
Tuomas Rantsi

COO and CDO, Partner

  • M.Sc. (Tech.), KJs
  • At Avara since 2017
  • Holds 7.5% of Avara Oy’s share capital through Erreon Oy
Arttu Ekqvist
Arttu Ekqvist

CEO of Avara Rahastot Oy

  • M.Sc. (Econ.)
  • At Avara since 2019
people-emmi-tiainen
Emmi Tiainen

Management Assistant

  • BBA
  • At Avara since 2016
sabine_web-1
Sabine Ille

Marketing & Communications Manager

  • Master of Culture and Arts, MBA
  • At Avara since 2021

Board of Directors

The company’s Board of Directors supports the management’s success oversees and steers the company’s operations.

Timo Stenius web
Timo Stenius

Chairman since April 2023

  • Member since April 2020
  • Board professional
  • Independent of the company, not independent of the significant shareholders
  • Elo holds 34% of Avara Oy’s share capital
Risto Kyhälä web
Risto Kyhälä

Vice-Chairman since April 2023

  • Chairman from November 2012 to April 2023
  • CEO of Kiinteistömaailma Oy, board professional
  • Independent of the company, not independent of a significant shareholder
  • Holds 7.5% of Avara Oy’s share capital through Erreon Oy
Alexander Schoschkoff web
Alexander Schoschkoff

Member since April 2019

  • CEO of Fennia Life Insurance Company
  • Independent of the company, not independent of a significant shareholder
  • Fennia Life Insurance Company holds 15% of Avara Oy’s share capital
Marja Kokko web
Marja Kokko

Member since March 2021

  • CEO of Tyvene Oy
  • Independent of the company and of the significant shareholders