SRV Group Plc has made changes to its corporate executive team to better fulfil the implementation of its strategy, which was updated in early 2016. The main changes made to the corporate executive team relate to international operations and finance. The changes also aim to increase efficiency in corporate executive team activities. As of 1 January 2017, Veli-Matti Kullas has been appointed to lead SRV’s International Operations. His responsibilities in the new corporate executive team will include both International Operations and related project development. SRV’s international markets are centered on Russia and Estonia. The focus of operations in Russia is on developing and operating shopping centres and in Estonia on developing existing land areas. Kullas was previously responsible for project development in Russia and was a member of the corporate executive team. Ilkka Pitkanen continues as SRV’s Chief Financial Officer (CFO) and as of 1 January 2017 will be solely responsible for financial matters in the corporate executive team. Senior Vice President, Financial Administration Valtteri Palin will continue in his former role being in charge of Group finance, controller function and taxation, but in future will no longer be a member of the corporate executive team.