Martin Backman assumes role as President & CEO of Finnish Industry Investment Ltd as of 1 September 2014

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Martin Backman will assume his role as President & CEO of Finnish Industry Investment as of 1 September 2014. Juha Marjosola will continue in the company as Senior Advisor until his retirement in September 2015. The company’s Board appointed Backman as President & CEO in May.

Martin Backman has extensive experience in Nordic private equity. Most recently he has been Managing Director of CVC Capital Partners in Stockholm. Prior to this, he has worked at Advium Corporate Finance, Industri Kapital and Lexel Group. He holds a Master’s degree in Technology from Helsinki University of Technology and a Master’s in Economics from Swedish School of Economics in Helsinki.

”Finnish Industry Investment plays a central role in funding growth entrepreneurship and company internationalisation in Finland. We are currently starting a new 100 million euro investment programme, which will enhance the renewal of Finnish industry and company structures by financing the growth and internationalisation of Finnish SME’s,” says Martin Backman.

Contact details (as of 1 September):

Martin Backman, tel: +358 9 6803 6875, e-mail:

Finnish Industry Investment Ltd is a government-owned investment company that promotes Finnish business, employment and economic growth through venture capital and private equity investments. Finnish Industry Investment invests in companies both directly and through private equity funds, together with and on the same terms as private investors. With over 900 million euros in assets under management, the company is currently an investor, directly and through funds, in altogether 515 companies. For more information, please visit, and follow @TesiFII.