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Executive with broad strategic corporate finance, business development, M&A and change management experience.
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Group Chief Executive OfficerAlgol OyHelsinki, Fi -
Medlem Av DelegationenStiftelsen Tre Smeder Jan 2023 - Present -
Deputy Chief Executive OfficerAlgol Oy Jan 2020 - PresentHelsinki Area, FinlandIn my role as Deputy CEO I work closely with the group CEO in leading our subsidiary businesses from an owner perspective. Together with external board members we provide strategic guidance and offer group company managing directors a sounding board in addition to common annual clock based corporate governance. I am involved in long term sustainable value growth with a special focus on operational excellence across the group. In addition I am accountable for all shared services produced centrally. While retaining my CFO duties, including real estate and legal matters, I have assumed accountability over group ICT, group level sustainability agenda, communications as well as HR. -
Group CfoAlgol Oy Feb 2019 - Jan 2020Helsinki Area, FinlandI am head of finance & business control, reporting, business process development, risk management, real estate and legal affairs. I am a member of Algol Group management team and serve as board member in the subsidiaries participating actively in driving growth and profitability development across all businesses.Algol comprises six business units (Algol Chemicals, Algol Diagnostics, Algol Technics, Algol Trehab, Histolab Products and Suomen Unipol) that import and sell thousands of different products for the industry and healthcare sectors. Algol Group has a global network of partners and is present in eleven countries. The multi-branch family owned enterprise has been active in international trade since 1894. The turnover is around 200 million euros and we employ nearly 500 experts in the areas of sales, product and service solutions, project deliveries, marketing, and technical service and maintenance. -
Trade Policy Committee MemberKaupan Liitto - Finnish Commerce Federation Jan 2021 - Present -
Finance Committee/TalousvaliokuntaTeknisen Kaupan Liitto - The Association Of Finnish Technical Traders Apr 2019 - PresentChairman 2023-Deputy Chairman 2021-2022Member 2019-2020 -
Board MemberSuomen Unipol Oy May 2019 - PresentHelsinki, Uusimaa, FinlandSuomen Unipol Oy is a Finnish company founded in 1979. We specialize in imports and sales of Polish industrial chemicals and plastics. As a full service company we take care of sales, transport, warehousing and distribution on behalf of our customers and principals. Solid experience, careful planning and large volumes allow cost efficient and high quality operations.Our product palette consists of a wide range of chemicals and plastics which we deliver to, among others, food, glass, metal, paint, cable, mining and paper industry. Furthermore we supply products for hospital and laboratory use as well as for water treatment plants
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Chairman Of The BoardStiftelsen Svenska Blindgården S.R. Jun 2022 - PresentHelsinki, Uusimaa, FinlandThe foundation is established in 1948, The purpose is, by way of financial aid, to support the daily life of Swedish-speaking people with visual impairment in Finland. The foundation grants subsidies as well as provides rental apartments adapted to the needs of people with visual impairment. The financial assets exceed 40 m€ and the investment proceeds are used to execute the purpose.
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Chairman Of The BoardStiftelsen Sedmigradsky Apr 2004 - PresentHelsinki Area, FinlandThe Stiftelsen Sedmigradsky sr foundation owns and operates three private kindergartens in Helsinki with over 120 children and more than 30 staff members.I have been the Chairman of the Board in the Foundation since 2005. The Board oversees the Foundation’s day-to-day operations, manages the investment portfolio (ca 30 m€) and is responsible for continuously developing the Foundation’s vision and strategy. -
Bestyrelsen För Stensböle Minnen, Vice OrdförandeSociety Of Swedish Literature In Finland Jun 2001 - PresentHelsinki, Southern Finland, FinlandBestyrelsen förvaltar Stensböle gård i Borgå. -
Deputy ChairmanNylands Brigads Gille R.F. Jan 2024 - Present
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Board MemberEact - European Association Of Corporate Treasurers May 2016 - Jan 2019 -
ChairmanFinnish Association Of Corporate Treasurers May 2016 - Jan 2019Helsinki Area, FinlandThe Finnish Association of Corporate Treasurers (FACT) is an informally organized club of corporate treasurers of Finnish large corporates. In 2016 my fellow treasurers elected me to head the organization and act as its official representative in the European Association of Corporate Treasurers. The purpose of FACT is to discuss topical items of common interest and share best practices within the treasury field among colleagues in different companies.
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Director, Group FinanceParoc Apr 2012 - Jan 2019HelsinkiParoc (part of Owens Corning) is the leading manufacturer of energy-efficient insulation solutions in the Baltic Sea region.I was accountable for the treasury and funding operations, group accounting including consolidated IFRS financial statements, risk management, and the local finance operations in Finland, Sweden and Poland. I led a team of senior finance experts in the Nordics, Poland and Lithuania.I acted in several internal steering bodies such as the Information Security Committee and the Board of the Financial Service Center. I also attended Paroc’s Audit Committee meetings and led group-level risk management, evaluation and mitigation work including continuity planning. I also managed tax strategy.//Landmark experience and achievementsI consider developing the business in a manner that has brought significant operative savings, improved performance and increased available free capital as my main achievements.I established treasury and investor relations functions and contributed to setting up a Financial Service Center. I implemented an enterprise risk management procedure whereby the risks to strategy execution were continuously evaluated. We also developed a business continuity plan for the production, supply chain management and ICT functions. I participated in several demanding capital structure and ownership change processes, e.g. recap of the corporate loan portfolio and a lender-led restructuring and subsequent ownership change. I was in a key role when we obtained Paroc’s first public ratings (NY law Offering Memorandum, a high yield bond) with largely UK-based investors, and managed a successful refinancing achieving considerable cuts in interests, which ensured flexibility in strategy execution. In the autumn of 2017 I worked intensly on IPO preparations including a prospectus.Keywords: finance management and development, corporate finance, refinancing, change management, business development, M&A, strategy work, risk management -
Group TreasurerParoc Jan 2007 - Apr 2012HelsinkiI took the role of group treasurer in 2007. My responsibilities included the group’s bank relationships, liquidity and cash management, foreign exchange and interest rate risk management, commodities trading and treasury related policies and applications. Having successfully run these operations for a couple of years, I advanced to the position of group finance director.Keywords: group treasury, finance management, finance development, cash management, risk management, finance policies -
Manager, TreasuryKaupthing Bank Jan 2006 - Jan 2007Kaupthing Bank was a major international Icelandic bank.At Kaupthing, I managed designated customer relationships and different project assignments. My main focus was on building up the internal bank. I rationalized the use of capital and its internal pricing, developed the management of interest rate risk together with the controlling function, and optimized foreign exchange flows between departments. The financial implications of these measures were significant. -
DealerDanske Bank Jul 2002 - Jan 2006Danske Bank is a Nordic universal bank established in 16 countries. Before joining Danske Bank, I gathered industry experience as a junior dealer and a back-office employee at Nordea, Unibank and Aktia Bank. At Danske, my duties included attending to designated customer relationships and all treasury client relationships together with my colleagues. The daily routines involved financing the two billion EUR loan portfolio of the branch. In the fall 2002 I served two months in Copenhagen in the Danske Markets headquarters focusing on interest rate derivative training.
Joakim Flinck Skills
Joakim Flinck Education Details
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Finance -
Gymnasiet Grankulla SamskolaMatriculation Examination
Frequently Asked Questions about Joakim Flinck
What company does Joakim Flinck work for?
Joakim Flinck works for Algol Oy
What is Joakim Flinck's role at the current company?
Joakim Flinck's current role is Group Chief Executive Officer.
What is Joakim Flinck's email address?
Joakim Flinck's email address is jo****@****roc.com
What is Joakim Flinck's direct phone number?
Joakim Flinck's direct phone number is (212)-668*****
What schools did Joakim Flinck attend?
Joakim Flinck attended Hanken School Of Economics, Gymnasiet Grankulla Samskola.
What skills is Joakim Flinck known for?
Joakim Flinck has skills like Leadership, Fx Hedging, Banking, Cash Management, Bonds, Sales, Enterprise Risk Management, Interest Rate Risk Management, Derivatives, Credit Risk, Finance, Treasury Management.
Who are Joakim Flinck's colleagues?
Joakim Flinck's colleagues are Mika Kekkonen, Charlotte Wiberg, Mari Ikäläinen, Jari Kortelainen, Jorma Erola, Ville Peltonen, Konstantin Zamorkin.
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