Multitude Group Unveils CEO Transition Plan

Multitude Group, a European FinTech company listed on the stock exchange, has announced a CEO transition plan as part of its strategic growth initiatives. The current CEO and founder, Jorma Jokela, will step down by the end of this year. Antti Kumpulainen, the current CEO of Multitude Bank p.l.c., has been appointed as the new CEO, effective January 1, 2025.

Jokela, who has led the company for nearly two decades, plans to focus on strategic projects, partnerships, and mentoring key talent within a subsidiary of Multitude. He will remain on the board of directors for both Multitude Group and Multitude Bank p.l.c. to support the company's ambition of reaching a market value exceeding €1 billion by 2028.

Having joined Multitude nine years ago and with experience as CEO of Multitude Bank, Kumpulainen is well-prepared to guide the company through its next phase. The transition aims to allow Jokela to concentrate on high-impact initiatives while Kumpulainen steers operational leadership.