Finnfund Appoints Hanna Loikkanen as Chief Investment Officer

A New Chapter in Finnfund’s Leadership with Hanna Loikkanen at the Helm

Finnish development financier and impact investor, Finnfund, is proud to announce the appointment of Hanna Loikkanen, M.Sc., as its Chief Investment Officer (CIO), effective January 2024. With a wealth of experience in board positions and international investment management, Loikkanen brings a unique blend of expertise to her new role.

Driving Success in Emerging Markets:

Hanna Loikkanen boasts a successful track record in financing private companies in emerging and transition markets. Her operational expertise is complemented by her service on various company boards, providing her with a comprehensive understanding of the challenges and opportunities that impact investors and development financiers face in diverse markets and regulatory landscapes.

Jaakko Kangasniemi, Finnfund’s CEO, expressed his enthusiasm for Loikkanen’s appointment, stating, “We are excited to have her unique combination of expertise and experience in our team.”

A Journey of Experience:

Loikkanen’s professional journey includes management positions at renowned institutions such as Nordea and East Capital. Her extensive knowledge of the Russian market, acquired through roles at FIM, SEB, and Merita Bank, adds a valuable dimension to her role as CIO.

Having served as a board member of Finnfund since the spring of 2020, Loikkanen is well-acquainted with the organization’s values and objectives.

A Vision for Impactful, Sustainable Investments:

Expressing her enthusiasm for the new role, Loikkanen stated, “This role combines my interest in emerging markets and my passion for sustainability and impact investments.”

Finnfund, known for its impactful investments in sectors like renewable energy, sustainable forestry, agriculture, financial institutions, and digital infrastructure, aligns with Loikkanen’s commitment to making commercially sustainable investments with a positive global impact.

“I look forward to working with all the Finnfund stakeholders,” Loikkanen added.

About Finnfund:

Finnfund, with investments totaling about 1.22 billion euros, focuses on building a sustainable future by investing in businesses that address global development challenges. With a commitment to investing 200–250 million euros annually in 20–30 companies in developing countries, Finnfund is a key player in the world of impactful and sustainable investments.

For more information about Finnfund and its initiatives, please visit



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