Helvar, the world’s leader in lighting intelligence, is pleased to announce the appointment of a new CFO, Pasi Niittymäki.

The appointment follows the retirement of previous CFO Markku Laine after a 32 career with Helvar and its parent company

Pasi brings 22 years of expertise across a wide range of industries. He joins Helvar from the role of CFO at Telia Finland. He previously held various senior management roles in technology companies, including his position as CEO of the leading Finnish digital agency Nitro FX Ltd.

“It’s an incredibly exciting time to join Helvar as the business is going through a fundamental change – from lighting control systems to advanced lighting & building intelligence solutions; from a product focused to a market driven way of working”, says Pasi. “I’m very impressed with Helvar’s start-up attitude which is evident in Helvar’s agility and innovations – a very unique feature in a company with a 97-years history. Being at the technology forefront, eager to innovate combined with delivering solid financial results reflects my own business values. I look forward to joining the Helvar team and meeting partners and customers in the months ahead.”

Helvar’s CEO Adel Hattab says: “With his broad CFO / leadership experience, having worked across various markets, managing and coaching teams, Pasi’s professional record is impressive. I am confident he will excel in his new role in Helvar.”