Bloomberg News

Bank of Finland’s Hakkarainen Seeks Third Term on Board

September 30, 2011

(Updates with Hakkarainen comment from first paragraph.)

Sept. 30 (Bloomberg) -- Pentti Hakkarainen, the longest- serving of the Bank of Finland’s three board members, is seeking to serve a third five-year term.

Hakkarainen, whose second term ends on Jan. 31, is “interested” in the job, he said by e-mail today. Finland’s central bank said applications for the job starting Feb. 1 are due by Oct. 24.

The parliamentary supervisory council, which oversees the bank, will decide on the nomination on Nov. 18, the Helsinki- based central bank said in an e-mailed statement. Governor Erkki Liikanen’s second seven-year term began on July 12 and Board Member Seppo Honkapohja has until Dec. 31, 2012, before his first term ends.

--Editors: Tasneem Brogger, Jonas Bergman.

To contact the reporter on this story: Kati Pohjanpalo in Helsinki at kpohjanpalo@bloomberg.net

To contact the editor responsible for this story: Tasneem Brogger at tbrogger@bloomberg.net


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