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Log inRopo Capital Group’s board of directors has today appointed Ilkka Sammelvuo as the new CEO of the company.
Artti Aurasmaa, chair of the board says: “This decision marks a natural next step on Ropo Capital Group’s growth journey. Rickard Westlund was appointed CEO to establish Ropo Capital as the Nordic leader in invoice lifecycle services. During his leadership the company has grown and entered Sweden and Norway. Today, Ropo is the market leader in Finland with an established platform to achieve the same position in the Nordics.
The next step for Ropo is to further consolidate and elevate our offering across our Nordic markets and claim our position as the leading partner with a best-in-class platform for automating and optimizing the invoicing lifecycle. Our platform enables optimized cash management, cost efficiencies, and better end-customer satisfaction. Ilkka Sammelvuo has the right skill set and leadership abilities for this next step in Ropo’s journey. I am happy to welcome Ilkka as the new CEO and would like to thank Rickard for his great contribution during the past three years.”
Ropo Capital Group has a turnover of more than 100 million Euro and its proprietary platform is used by more than 10 000 companies as a business intelligence tool and to optimize invoicing end-to-end. As a Group, Ropo Capital delivers more than 170 million invoices and other documents a year.
Rickard Westlund was appointed CEO of Ropo Capital Group in August 2020 and has since then led the acquisition and integration of companies in Sweden and Norway, thereby extending Ropo Capital Group’s footprint in the Nordic region. To enable a smooth transition of leadership, Westlund will stay with the company until the end of 2023.
Ilkka Sammelvuo started his career at Ropo Capital Group in 2011 and currently holds the position of Chief Operating Officer and deputy CEO. He will assume the role of CEO of Ropo Capital Group as of today.
Ilkka Sammelvuo comments: “I feel honored and very excited, and I look forward to taking Ropo Capital Group to the next level. Our platform offers unmatched value to our customers in terms of smooth integrations, user friendliness and business value. We have an exciting journey ahead of us to further build on and extend our value proposition and positioning in the Nordic markets and beyond.”
Ilkka Sammelvuo holds a M.Sc. in Computer Science from the University of Eastern Finland. He joined Ropo Capital Group in 2011 and has held several positions, including CTO, Managing Director for Finland, and Chief Operating Officer.
Interview requests and additional information for the media:
Jenni Jantunen, Chief Brand & Communications Officer, Ropo Capital,
+358 44 756 9603, jenni.jantunen@ropocapital.fi
Ropo Capital is the Nordic market leader in invoice lifecycle management, covering the whole value chain from invoice delivery to payment monitoring and receivables management. We compete as a technological forerunner – our operating model is based on the advantages of digitalization, advanced automation and real time reporting. Headquartered in Kuopio, Finland, the company employs approximately 400 financial specialists in Finland, Sweden and Norway. In total, Ropo Capital delivers over 170 million invoices and other documents annually.