Sami Somerkallio
Director of Group Treasury
Wärtsilä Corporation, Finland
- Industry:
- Industrial machinery
- Annual turnover:
- €5.3bn
- Treasury staff:
- 10
- Treasury structure:
- Centralised
- TMS:
- Yes
- Cross-border pooling:
- Yes
- Cash rich or debt:
- Debt
Speaker profile
Sami joined Wärtsilä Corporation's Group Treasury in 1997 and has held different front- and middle-office positions since. In his current position as Director, Group Treasury his main responsibilities are the financial risk management and liquidity management for the Wärtsilä Group he is also involved in the long term funding and bank relationship management for the Group. Prior to this he was employed by Dow Jones Telerate for three years. Sami received his MSc (Accounting & Finance) in 1994 from Turku School of Economics.
Corporate profile
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2009, Wärtsiläs net sales totalled EUR 5.3 billion with more than 18,000 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
