Copyright © Inderes 2011 - present. All rights reserved.
Log in to receive notifications.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team
Analyst Comment

Mandatum appointed a new Head of its Institutional and Wealth Management Segment

Mandatum

Translation: Original published in Finnish on 04/14/2025 at 08:43 am EEST

Mandatum announced it has appointed Janne Sarvikivi (MSc. Econ.) as Head of Mandatum's Institutional and Wealth Management segment. The position has been vacant since October when the previous head left their post. We originally expected a replacement appointment from within Mandatum, but after almost half a year of waiting, it was unsurprising that the new head was eventually found outside the company.

Sarvikivi comes to Mandatum from Nordea, where he has worked for over 15 years as Head of Equities Finland and, in recent years, as Managing Director of Equities Finland. We are neutral about the appointment at this point, as Sarvikivi seems to know the domestic customer base well based on his resume, even though he does not have actual asset management experience.

Mandatum

5.72EUR11.04.2025, 18.00
5.40EURTarget price
Reduce
Recommendation updated:11.04

Mandatum has operations within the financial sector. The company offers various financial services to both private savers and corporate customers. The range is broad and mainly includes capital and wealth management, savings and investments, compensation and rewards, pension plans and personal risk insurance. The largest operations are found in Finland.

Read more on company page

Key Estimate Figures11.04

202425e26e
202425e26e
Revenue153.0173.8190.2
growth-%13.3 %13.6 %9.5 %
EBIT (adj.)202.9182.4178.5
EBIT-% (adj.)132.6 %105.0 %93.9 %
EPS (adj.)0.330.290.28
Dividend0.660.460.43
Dividend %12.2 %7.6 %7.1 %
P/E (adj.)16.521.021.4
EV/EBITDA10.514.515.3
Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • X (Twitter)
Get in touch
  • info@hcandersencapital.dk
  • Bredgade 23B, 2. sal
    1260 København K
Inderes
  • About us
  • Our team
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.

  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Forum
  • About Us
    • Our Coverage
    • Team

Privacy preferences

Inderes uses cookies to provide a better user experience and a personalised service. By consenting to the use of cookies, we can develop an even better service and will be able to provide content that is interesting to you.