Affecto uses a single-tier governance model. The responsibility of Affecto’s management lies with Shareholders’ General Meeting, the Board of Directors and the CEO. Their duties are mainly defined in the Finnish Companies Act.
The General Meeting elects the Board of Directors and the Company’s auditor. The Board of Directors appoints the CEO, appoints the Leadership Team members based on the CEO’s proposal, and is responsible for strategic management of the Company. The CEO is responsible for the management of the Company’s operations and governance in accordance with the instructions given by the Board. The CEO is assisted in his work by Affecto Leadership Team which in addition to the CEO consists of the Deputy CEO, the CFO, Managing Directors of Scandinavia, Baltic, Finland, and B2C Industries, Brand & Market.