Kristiina Leppänen appointed Non-Executive Director at Multitude Bank

Multitude Bank has announced the appointment of Kristiina Leppänen as an Independent Non-Executive Director (NED), following regulatory approval granted on 19th June 2025. She will also serve as Chairperson of the Audit Committee and a member of the Risk Committee.

Ms Leppänen succeeds Esa Tapani Teräväinen, who has retired and did not seek reappointment.

A seasoned executive with over 25 years of international experience, Ms Leppänen currently serves as Chief Financial Officer of the Infinigate Group. She has held senior leadership roles across various organisations, including Group CFO at GPV until April 2023 and CFO of the Enics Group. Her expertise spans financial reporting, internal controls, regulatory compliance, risk governance, mergers and acquisitions, and change management.

Ms Leppänen also brings board-level experience, having served as a Non-Executive Director and member of both the Audit and Risk Committees at Multitude AG. She will formally step down from this role on the date of the company’s Annual General Meeting, in line with best practices on board independence and governance.

One of her most notable achievements includes leading the merger of Enics Group and GPV International.

Multitude Bank is primarily active in the origination of unsecured lending and credit products which are distributed through an online platform. In 2022, the bank provided its services in Estonia, Latvia, Czech Republic, Germany, Bulgaria, Sweden, Norway, Croatia, Denmark, Finland, Romania, and Slovenia.