Listeds Pulse – Your Weekly Executive Brief for 30 June 2025

Words vs. actions: Fifax drops only female board member

Fifax has removed Riikka Koskenohi from its Board of Directors after just one year of service. With her departure, the company now has an all-male board, yet another example of male-only panels of listed companies in Finland.

This development stands in sharp contrast to Fifax’s own publicly stated commitment: “We are committed to the principle of equality independent of age, gender, gender identity, sexual orientation, ethnicity, nationality, religion, family situation, disability or other differences we may have as human beings. We have zero tolerance for discrimination.” Despite this, the current board consists entirely of men aged 60-69. One person is Swedish.

While CFO Linda Lindroos represents female leadership on the executive team, the absence of any women on the board highlights a broader issue. The fact that some public companies still have only men in top decision-making roles shows that diversity is sometimes more talk than action.

Our take
Diversity is about much more than just gender and age. We hope that transparency can help to increase the diversity of the management teams and boards. Providing easy to access information on public companies leadership is why Listeds was founded.

To all the all-male publicly listed company boards out there: I’m offering you free access to our Listeds service to help you discover and bring more women into your leadership. Let’s move from words to action, together. Contact me: helene@listeds.com

For transparency: Listeds currently has an all-male board (two men, decision made this month). We’ve already agreed with a female member to join, and I’m committed to improving diversity from the inside out.

Another leadership exit at Nokia: Chief People Officer Lorna Gibb steps down

Just a week after reporting changes in Nokia’s management team, another key departure was announced. Chief People Officer Lorna Gibb is leaving the company effective immediately. Helsingin Sanomat reports that Gibb was in fact dismissed from her role. Gibb had been part of the Group Leadership Team since June 2024 and joined Nokia in 2020.

During her tenure, she was responsible for evolving Nokia’s people strategy and advancing leadership and talent programs. Chief Legal Officer Esa Niinimäki will take over her responsibilities on an interim basis while a search for her successor begins.

Our take
This marks another shift at the top as Nokia continues to reshape its leadership amid strategic transitions in the global tech landscape. We will be monitoring the changes that we expect to continue.

AI Worries: What Nordic Business Leaders are concerned about
https://www.nordiclistedleaders.com/articles/ai-worries-what-nordic-business-leaders-are-concerned-about

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Until next week,
– Helene Auramo
Founder, Listeds Pulse Newsletter