Timo Löyttyniemi is School of Economics Alumnus of the Year 2012
24.01.2012
D. Sc. (Econ.) Timo Löyttyniemi (b. 1961), Managing Director of the State Pension Fund, has been chosen by the Aalto University School of Economics as its Alumnus of the Year 2012.

Timo Löyttyniemi is an important player in the Finnish economy and in this role he has significantly contributed to the interaction between Aalto University and the business world.
- I’m really delighted for the award. After all, internationally, the School of Economics is a top-ranking unit in economics and business administration. The School is of great importance for the Finnish business life and I'm proud to be able to be a member of this community. Both the business world and the School of Economics benefit from this active cooperation, concludes Löyttyniemi.
Timo Löyttyniemi graduated as Doctor of Science (Econ.) in 1992, writing his thesis about national economics.
He has worked for the HSE Executive Education (now Aalto University Executive Education), both as a trainer and a board member.
Löyttyniemi joined the School of Economics Alumni Board in 1993 and served as its chairman in 2007 - 2010.
He has also been a member of the fundraising campaign working group and taken part in the EQUIS and FINHEEC evaluations carried out at the School of Economics. He has also given lectures as part of his own lecture series and written a book about the reward system of top executives. The book, published in 2003, was a joint project between Löyttyniemi and the professors of the School of Economics.
Timo Löyttyniemi is currently a member of Aalto University’s advisory investment committee and he has also contributed to many other aspects of Aalto University (for example, as member of the committee choosing the name for it).
Löyttyniemi has served as the Managing Director of the State Pension Fund since 2003. Before that he worked as Capital Markets Director at Mandatum & Co Ltd and Managing Director of Norvestia Oyj. He is also a board member of a number of companies, including Itella and INREV.
The selection of the Alumnus of the Year was announced at the Aalto University School of Economics in connection with the Jaakko Honko Lecture on January 23th, 2012.
Further information: Timo Löyttyniemi, tel. 050 336 2094, timo.loyttyniemi [at] ver [dot] fi
Jaakko Honko medals were awarded
Also Jaakko Honko medals were awarded at the lecture to persons who have significantly influenced promoting research in business and economics. Medals are granted by the Yrjö Jahnsson Foundation, Aalto University School of Economics and HSE Foundation.
Jaakko Honko medals were awarded to:
Per-Jonas Eliaeson, Professor Emeritus, Handelshögskolan
Kari Jordan, President and CEO of the Metsäliitto Group
Petteri Karttunen, CEO, SEB Gyllenberg Asset Management Ab
Marja Makarow, Chief Executive, European Science Foundation, ESF
Lasse Männistö, Parliamentary Representative, M.Sc.
Arja Talma, CEO of Rautakesko
Basis and justification for Jaakko Honko medals.
