Eeva Grannenfelt, head of corporate lending at Finland’s Elo, has left the pensions mutual after less than two years in her role.
Grannenfelt – named Elo’s director of corporate lending, alternative investments and macro views when the provider was created from the merger of Pension Fennia and LocalTapiola in January last year – has left to pursue new opportunities, according to a company spokeswoman.
Her departure has seen her responsibilities split between two other members of the €20bn mutual’s investment team.
Effective immediately, director of real estate Timo Stenius will take on responsibility for private equity and corporate finance.
Jonna Ryhänen, responsible for equities, fixed income and currency, will also take charge of all hedge fund investments.
Both will report to Hanna Hiidenpalo, who will remain as Elo’s CIO.
Prior to the two providers’ merger, Grannenfelt was CIO of Pension Fennia and also served as its director of capital markets and investment director.
Last month, she was appointed to the board of Finnish software provider Solteq.