Maarit Toivanen to become Conficap’s CEO

The CEO of the family-owned company Conficap is to change. Maarit Toivanen, Chair of the company’s Board of Directors and owner, undertakes also the duties of CEO, effective August 1st, 2018.

The present Managing Director of Conficap, Timo Alamiekkaoja remains with the company until January 31st, 2019.

Conficap was founded on April 30th, 2018, when the family-owned company Onvest was demerged into two separate, independent companies.

The Group is comprised of four business sectors, one including its subsidiary, the building services company Are. In addition, the company has broad-based property activities and investment securities, and strategic shareholding.

”After the demerger of Onvest, we have strongly striven to develop and focus Conficap’s operations. This was a natural turning point, allowing me to retake a stronger operative role in the company. Conficap’s strong balance sheet, skilled staff and varied business operations form an excellent basis to implement our strategy. These strengths are the foundation for our future progress,” says Maarit Toivanen.

”I would like to thank Timo Alamiekkaoja for his long and successful career working for our family companies. First, Timo acted as CFO of Onvest for a long period of time, then as Managing Director of Onvest, and finally as Conficap’s Managing Director. During these years, he has done invaluable work, related for example to the Onninen transaction and the demerger of Onvest”, Toivanen continues.

For more information, please contact:

Maarit Toivanen, Chair of the Board of Directors

Please refer all contacts to Maarit Toivanen’s assistant Sari Lahtinen: tel. +358 50 322 2231, email

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