Finland: Wartsila Names New Compliance Director

Wartsila’s focus on compliance is strengthened with a new Compliance Function and Ms Sari Kolu has been appointed Director, Compliance as of May 1, 2012. In this role, she will be responsible for globally developing, managing and reviewing group level policies and practices within Wartsila to promote and assure compliance with all applicable laws and the principles of good corporate citizenship.

Prior to joining Wärtsilä Ms Kolu has held several managerial positions within the forest industry and telecom electronics companies. Kolu is Master of Laws and Executive MBA by education. Ms Kolu will report to Kari Hietanen, Group Vice President, Corporate Relations and Legal Affairs.

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 2011, Wärtsilä’s net sales totalled EUR 4.2 billion with approximately 18,000 employees. The company has operations in nearly 170 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.

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Shipbuilding Tribune Staff, May 23, 2012