Jukka Ruuska Appointed President Of Stockholm Stock Exchange

As of January 1, 2005, Jukka Ruuska will assume the position as President of the Stockholm Stock Exchange. At the same time, he will continue in his role as President of OMX Exchanges.

Jukka Ruuska became President of OMX Exchanges and Deputy CEO of OMX in 2003, following the merger of OM and HEX. Prior to that and from year 2000, he held the position as President and CEO of HEX. Between 1988-2000, he held various positions in companies such as HTC, Finnet Group, Prospectus Oy and Kansallis-Osake-Pankki. Jukka Ruuska, who currently lives in Helsinki, will move to Stockholm by year-end together with his family.

“We are working full speed towards an integrated Nordic Market. Jukka has been working towards the integration since the merger of the exchanges within OMX, and it was a natural choice to ask Jukka to take on the position as President of the Stockholm Stock Exchange. Jukka’s competence and experience of the European and Finnish financial markets will enable us to smoothly continue the Nordic integration journey, ” says Magnus Böcker, Chairman of the Stockholm Stock Exchange and President and CEO of OMX.

“This is an exciting time for me and my family. I consider it a very stimulating challenge to lead the Stockholm Stock Exchange and OMX Exchanges into a fully integrated Nordic and Baltic securities market,” says Jukka Ruuska.

Henrik Paulsson, acting President of the Stockholm Stock Exchange, will continue his work as President of Derivatives Markets at OMX Exchanges. Jouni Torasvirta will continue as President of Cash Markets and Helsinki Stock Exchange.