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CFO Martin Nilsson appointed acting President of Itella Russia

12.10.2016

Nikolay Voinov, President of Itella Russia and member of the Posti Group Executive Board, has taken the decision to leave the company to pursue other opportunities. Voinov's last day of employment is November 18, 2016.

Martin Nilsson, CFO of Itella Russia has been appointed acting President for the company. Martin has been with Itella Russia since 2013 working as a CFO. Prior to this he held various positions in finance at LVMH and Beiersdorf in Germany and Russia. The search for a new President of Itella Russia has been initiated.

Nikolay joined Itella Russia in 2013. In spite of the difficult market situation and recession in Russia, he has lead Itella Russia successfully and implemented significant efficiency improvement measures to improve profitability. Under his lead Itella Russia has expanded into last mile delivery business by acquiring the Russian courier company MaxiPost.

- Nikolay has been a great asset to the company given his broad knowledge of the sector and his excellent skills to transition the business through difficult economic times. We wish Nikolay all the best in the next phase of his professional career, says Heikki Malinen, President & CEO of Posti Group, parent company of Itella Russia.

- We are also pleased to appoint Martin to the position of acting CEO. With Martin's assistance we will transition to the time when the new CEO joins Itella Russia, continues Malinen.

Martin Nilsson will report to Heikki Malinen during the transition.

Itella Russia is a part of Posti Group - first choice in logistics and e-commerce services. The company operates all over Russia, from Saint Petersburg to Vladivostok. It has offices in Moscow, St.Petersburg, Samara, Rostov on Done, Novorossiysk, Novosibirsk, Ekaterinburg and Vladivostok.

Itella Russia maintains one of focus areas in the updated strategy of Posti Group. For coming years Itella Russia will focus to grow its existing business, keep the strong position in contract logistics and improve the profitability. Itella Russia aims to create specialized solutions for target segments, e.g. FMCG and pharma logistics. One important goal is to strengthen company's position as an e-commerce partner.

Posti's Management