Board of directors
Erik Selin
born 1967, Business school economist, CEO and Board Member, Fastighets Ab Balder, Board member since 2015, Chairman of the Board since March 2016, independent of the company, not independent of the main shareholders, Swedish national
Primary working experience:
Fastighets AB Balder: CEO and Board Member since 2005
Owner of several companies in real estate business
Main positions of trust:
Brinova Fastigheter AB: Chairman of the Board of Directors
K-Fast Holding AB: Chairman of the Board of Directors
Skandrenting AB: Chairman of the Board of Directors
Norion Bank AB: member of the Board of Directors
Hexatronic Group AB: member of the Board of Directors and member of the Remuneration Committee
Hedin Mobility Group AB: member of the Board of Directors
Neudi & C:o AB: member of the Board of Directors
Esa Lager
born 1959, LL.M., M.Sc. (Econ.)
Board member since 2014, Chairman of the Board 2015—2016, Deputy Chairman of the Board 2014—2015 and since 2021, independent of the company and its main shareholders, Finnish national
Primary working experience:
Outokumpu Oyj: Deputy to the CEO 2011—2013, Executive Vice President - Chief Financial Officer 2005—2013, Executive Vice President of Finance and Administration 2001—2004, Corporate Treasurer 1995—2000, Assistant Treasurer 1991—1994
Kansallis Banking Group: various specialist and managerial positions in the overseas operations of the Head Office and London Branch 1984—1990
Main positions of trust:
GRK Infra Oy: member of the Board of Directors
Ming Eng
born 1990, M.Sc. Management Science, Board member since 2024, independent of the company, non-independent of the main shareholders, no holdings in SATO Group companies, no holdings in SATO Group companies through controlled entities, Dutch national
Primary working experience:
Senior Portfolio Manager Real Estate Europe, APG Asset Management, The
Netherlands, 2022 –
Research Analyst (Listed) Real Estate Europe, Morgan Stanley Investment
Management, 2016 – 2022
Investment Analyst, UBS Group, 2013 – 2016
Tarja Pääkkönen
born 1962, Ph.D (Corp.Strategies), M.Sc. (Const. & Architecture), Executive Partner of Boardman Ltd, Board member since 2013, independent of the company and its main shareholders, Finnish national
Primary working experience:
Boardman Ltd: Executive Partner, 2010—
Boardman Ltd: Executive Partner and Chairman of Brand Compass Group 2010—2019
Itella Corporation: Senior Vice President, Corporate Sales and Marketing and member of Executive Board 2005—2010
Nokia Corporation: Member of the Management Board of Nokia Mobile Phones and several global Senior Vice President positions in Europe, the USA and Asia 1994—2004
Mecrastor Oy (PwC): Management Consultant 1992—1994
Kienbaum KmbH, Germany: Management Consultant 1990—1992
Main positions of trust:
Andiata Oy: Advisor Board, Chairman
Panostaja Oyj: member of the Board of Directors
United Bankers Oyj: member of the Board of Directors and member of Remuneration Committee
GRK Infra Oy: member of the Board of Directors
Sharam Rahi
born 1973, Board member since 2021, non-independent of the company or its main shareholders, Swedish national
Primary working experience:
Fastighets AB Balder, vice President since 2005
Main positions of trust:
Member of the Board for several Balder companies
AMA Group I Borås A: member of the Board of Directors
Juha Juntunen
Born 1973, B. Sc. (Engineering), Board member since 2025, independent of the company and its main shareholders, Finnish national
Primary working experience:
Ilmatar Energy: COO 2023-2024
Oulun Energia Group: CEO, 2020-2023
Technopolis Plc: COO, 2014-2019
Technopolis Plc: Director Finnish operations, 2013
Main positions of trust:
Vantaan Valo GP Ltd, Chair of the Board since 2021