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
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
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
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
CEO of Avara Rahastot Oy
- M.Sc. (Econ.)
- At Avara since 2019
Emmi Tiainen
Management Assistant
- BBA
- At Avara since 2016
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
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
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
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
Member since March 2021
- CEO of Tyvene Oy
- Independent of the company and of the significant shareholders