Press release, 1 September 2025 at 10:00 a.m. EEST

Mandatum changes its group structure by concentrating the internal services into one company. The aim is to simplify the group structure and thereby also reduce administrative work.

Mandatum will form one service company directly owned by Mandatum plc, which will provide internal support services for the entire group.

As part of this change, Mandatum plc has acquired the shares of Mandatum Life Services Ltd and Mandatum Asset Management Palvelut Oy from its subsidiaries. Subsequently, Mandatum Asset Management Palvelut Oy will merge into Mandatum Life Services Ltd as a sister company merger in accordance with the Companies Act. The planned implementation date for the merger is December 31, 2025, and no merger consideration will be paid.

As part of the merger process Mandatum Life Services Ltd will change its name to Mandatum Services Ltd.

The changes related to the simplification of the group structure will not affect the services provided to the customers.

Additional information: 

Laura Halmela
General Counsel
Tel. +358 50 363 1985
laura.halmela[a]mandatum.fi  

 
Niina Riihelä
SVP, Communications, Brand and Sustainability
Tel. +358 40 728 1548
niina.riihela[a]mandatum.fi  
 

Mandatum in brief
Mandatum is a major financial services provider that combines expertise in wealth management and life insurance. Mandatum offers clients a wide array of services covering asset and wealth management, savings and investment, compensation and rewards as well as pension plans and personal risk insurance. Mandatum offers services to corporate, retail, institutional and wealth management clients. At the centre of Mandatum's success are highly skilled personnel, a strong brand as well as a proven investment track record.
mandatum.fi/en/group/