Management Team and Board

Chairman of the Board.
Board member since 2012.

Liuhala is also the Chairman of the Board of Directors of Kiinteistö Oy Forssan Aleksi 6 and a member of the Board of Financelitas Oy. CEO of Elenia Oy and Elenia Verkko Oyj 2012 – 2024. Liuhala joined the company in 1990 and held various managerial positions at Vattenfall Verkko Oy including Head of Networks Finland, Assistant Managing Director and Manager of Customer Relations. Holds a Bachelor of Science in Electrical Engineering.

Investment Committee Member and NonExecutive Director,  Macquarie Asset Management

Board Member since 2018
Chairman of the Audit and Risk Committee
Member of the Remuneration and Nomination Committee

Mark was a Senior Managing Director in Macquarie Asset Management between 2011 and 2022, having previously held the role of Chief Financial Officer of Thames Water Utilities Limited. Prior to joining Thames Water, Mark was Finance Director of the customer and energy divisions at EDF Energy plc. Mark remains on the MAM Investment Committee in EMEA and is a non-executive director of a number of MAM’s portfolio infrastructure companies in Europe. Mark is a fellow of the Institute of Chartered Accountants in England and Wales and a fellow of the Association of Corporate Treasurer.

Director, Allianz Capital Partners

Board Member since 2019
Member of the Audit and Risk Committee
Member of the Safety, Health, Environment and Security Committee

Eduard Fidler is a Director at Allianz Capital Partners. He leads asset management activities for a number of Allianz’s direct infrastructure investments and currently holds board positions at Cadent Gas Limited in the UK, and Delgaz Grid SA in Romania. Eduard has over 15 years’ experience in energy and infrastructure investment and asset management. Prior to joining Allianz, Eduard was a senior member of Blackrock’s Global Energy & Power team (formerly part of First Reserve), and before this investing and managing utility investments at Macquarie Infrastructure and Real Assets. He began his professional career at AMEC plc in corporate strategy and project engineering. Eduard is a CFA® charterholder, and a graduate of Mechanical Engineering from the University of British Columbia.

Jan Montell is a seasoned executive and board professional with over 30 years of experience across the energy, real estate, construction, and financial sectors. He currently serves on the board of NPC Ukrenergo, the Ukrainian transmission system operator, where he is also Chair of the Audit Committee. He is also the Chair of the Board at Skarta Energy Oy and Octacell Oy.

Previously, Jan served as Audit Committee Chair and Board member of Kontiotuote Oy and Pohjola Rakennus Suomi Oy. He has also been a board member of Haminan Energia Oy, Maakuntien tilakeskus Oy, Fingrid Datahub Oy and Nord Pool AS, the Nordic power exchange. Jan’s board experience is underpinned by a strong executive background as he served more than eight years as Senior Vice President and CFO at Fingrid Oyj. Earlier in his career, Jan held senior advisory roles in consulting firms, for example as Partner at KPMG. Jan holds a Master’s degree in Finance.

Board Member since 2015.

CEO, Elenia and Elenia Verkko Oyj
Holds M.Sc. (Eng.), Electrical Engineering

Member of the Safety, Health, Environment and Security Committee

EVP at Elenia 2019 – 2024

COO Elenia Oy 2012-2019

Head of Operations and Network Performance Vattenfall Distribution Nordic Networks Finland 2010 – 2011

Head of Operations Vattenfall Distribution Nordic Networks Finland 2007-2010

Global Product Manager ABB BU Medium Voltage Products 2004 – 2007

Head of Product Management ABB Oy 2003 – 2007

R&D Manager ABB Automation Technology Products AB Sweden 2002 – 2003

Development Manager, Site Manager and Program Manager ABB Oy 1997 – 2002

Sales Manager Otis Oy 1996 – 1997

Team Leader, Specialist and Design Engineer ABB Transmit Oy 1993 – 1996

Board Member since 2018
Member of the Remuneration and Nomination Committee
Member of the Audit and Risk Committee
Member of the Safety, Health, Environment and Security Committee

Sirpa Ojala  worked as a CEO of Colliers International Finland Group (ex Ovenia Group Oy) 2016-2019. The company is the leading property management service provider in Finland. Prior to joining Colliers, Sirpa worked at M-Brain Oy, which is a global information, technology and consulting services’ company and for 15 years at Digita Oy in the Finnish terrestrial broadcasting industry. She has an extensive experience in regulated infrastructures and building long-term especially B-to-B customer relations. Sirpa holds a M.Sc.(Eng.) in Industrial Economics from the University of Technology of Lappeenranta. Sirpa currently holds board positions at NESA (Huoltovarmuuskeskus), Kuntien Tiera Oy, Kekkilä Oy, Helsinki region Chamber of Commerce and Finnish Estonian Institution Foundation. She was a Member of the Board at Fingrid Oyj 7/2012-4/2015.

Co-Head of Infrastructure, Allianz Capital Partners

Board Member since 2018
Member of the Remuneration and Nomination Committee

Dr. Michael Pfennig is Co-Head of Infrastructure and member of the management board of Allianz Capital Partners (ACP). He has joined ACP in 2004 and has since worked on numerous transactions both in the infrastructure as well as in the private equity sector.

He currently holds non-executive board positions at several companies in the electricity, gas and transport sector across Europe. Prior to joining ACP, Michael worked in Corporate Finance at Deutsche Bank and previously with the Corporate Finance and Strategy practice of McKinsey in Frankfurt and London. He started his career in Corporate Risk Management at Siemens in Munich.

Michael holds a master’s degree in Business Administration from Frankfurt University (Dipl.-Kfm.) and has received his doctorate in finance and capital markets research from Munich University.

Board member since 2024

CFO, Chief Financial Officer at Elenia from 2015. Group Treasurer Pohjolan Voima Oy 2014 – 2015, Head of Debt Advisory KPMG Oy Ab 2010 – 2014, Director Kaupthing Bank hf., Helsinki Branch 2007-2009, Vice President Pohjola Pankki 2004 – 2007, Analyst Fennorating Oy 2003 – 2004, Junior Associate McKinsey & Company 2001 – 2003. Valento holds holds M.Sc (Econ) and LL.M. and is a CFA charterholder.