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Sampo Group

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Sampo Group
Type Public (OMXSAMAS)
Founded 2004 (current form)
Headquarters Flag of Finland Helsinki, Finland
Key people Georg Ehrnrooth (Chairman of the board), Björn Wahlroos (CEO)
Industry Financial services
Products Banking and savings, insurance
Employees 11,600
Website http://www.sampo.com/

Sampo is a Finnish company in insurance, and, until the year 2006, banking. It is one of the largest companies in Finland. In November 2006, it was revealed that the banking business of Sampo is sold to the Danish Danske Bank, so that Sampo will concentrate on its insurance business. One of the main shareholders and CEO of Sampo is Björn Wahlroos, who is also one of the richest individuals in Finland.

If

Through If Skadeförsäkring Holding AB it controls the major Swedish insurance company If Skadeförsäkring AB and its Finnish sister company If Vahinkovakuutusyhtiö. The two companies also operate in Norway, Denmark and the Baltic countries.

Name

Sampo is the mythical machine in the Finnish folklore that creates salt, food and flour out of nothing. Thus appropriate for banking.

See also

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Sampo Group from Wíkipedia. ©2006 by Wíkipedia. Licensed under the GNU Free Documentation License. View a list of authors or edit this article.

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