The Board consists of the Chairman and a maximum of five other members. The President of the Republic appoints the Chairman of the Board for a seven-year term. The other members of the Board are appointed by the Parliamentary Supervisory Council, each for a five-year term.
The members of the Board are Governor Olli Rehn (Chairman of the Board), Marja Nykänen (Deputy Governor) and Tuomas Välimäki. Elisa Newby is Secretary to the Board.
The Parliamentary Supervisory Council consists of nine members elected by Parliament. The members of the Parliamentary Supervisory Council elect a chairman and a deputy chairman from among themselves.
The members of the Parliamentary Supervisory Council are Antti Lindtman (Chairman), Toimi Kankaanniemi, (Deputy Chairman), Mari Holopainen, Kalle Jokinen, Esko Kiviranta, Markus Mustajärvi, Petteri Orpo, Pia Viitanen, Ville Vähämäki. Kimmo Virolainen, DSc (Econ. & Bus. Admin.)and Anne Hedman, Master of Laws (LLM) serve as secretaries to the Council.
The Bank of Finland has approximately 360 employees and seven departments. The number of personnel at the Financial Supervisory Authority is approximately 240. The Financial Supervisory Authority operates administratively in connection with the Bank of Finland, but in its supervisory work it takes its decisions independently. Of the Financial Supervisory Authority’s activities, 95% are funded by supervised entities, with the remaining 5% provided by the Bank of Finland.