Governance
Leadership Team
Leadership Team
The CEO is responsible for managing Kempower’s operations in accordance with the instructions and regulations issued by the Company’s Board of Directors and for keeping the Board informed of the development of Kempower’s business and financial situation. The CEO is responsible for the day-to-day administration and day-to-day management of the Company in accordance with the Limited Liability Companies Act and the instructions and regulations issued by the Board of Directors. The Board of Directors appoints and dismisses the CEO, decides on the financial benefits and other terms of the contractual relationship within the framework of the valid remuneration policy presented to the Annual General Meeting, and supervises the CEO’s operations. The CEO is also the President of the Kempower Group.
The Board of Directors appoints and dismisses the CEO, decides on the financial benefits and other terms of the employment within the valid remuneration policy presented to the Annual General Meeting, and supervises the CEO’s operations. The CEO is responsible for managing Kempower’s operations in accordance with the instructions and regulations issued by the company’s Board of Directors.
The Company’s Leadership Team is chaired by the CEO, and it assists the CEO in the operative management and development of Kempower. The CEO proposes the appointment of the Leadership Team members, and the Board of Directors approves the appointment, as well as approves the remuneration of the members of the Leadership Team.
To see holdings of the Leadership Team please see section Manager’s Transactions.
Bhasker Kaushal
Chief Executive Officer
Member of the Leadership Team, 2025–
Nationality: Indian
Born: 1980
Education: MBA, MSc. Manufacturing Systems Engineering,
Relevant work experience:
Carrier
VP & GM / President (Sensitech), 2023–2025
VP Strategy & Business Development (Refrigeration), 2019–2025
VP Services & Aftermarket (Refrigeration), 2019–2025
Executive Director, Strategy, Business Development & Product
Management, 2017–2019
Alcoa (currently Arconic)
Director, Management Consulting & Strategy, 2015–2017
Booz & Company
Principal, 2007–2015
Lowes
Sales and Operations Planning Manager & Supply Chain Project Manager, 2004–2007
Jukka Kainulainen
Chief Financial Officer (CFO)
Member of the Leadership Team, 2021–
Nationality: Finnish
Born: 1982
Education: Master’s degree in Economics
Relevant work experience
CFO, Biohit Oyj, 2018–2021
Head of Controlling team, CGI Finland Ltd, 2017–2018
Head of Group Financial planning and analysis team, Affecto Ltd, 2016–2017
Business controller, Capgemini Finland Oy, 2013–2016
Controller and Financial management roles, TietoEVRY Corporation, 2008–2013
Holding: 22,745 shares
Monil Malhotra
President, North America
Member of the Leadership Team, 2025–
Nationality: India
Born:
Education: MBA, Master of Science in Chemical Engineering
Related work experience
Emerson Electric Co.
Vice President, Industrial Software, Emerson Automation Solutions, 2022–2025
Vice President, Projects and Sales, Power and Water Solutions, North America, 2020–2022
Vice President, Latin America, 2017–2020
Director, Sales, Latin America, Power and WaterSolutions, 2015–2017
Director, Global Engineering Centers, 2013–2015
Manager, Global Simulation Applications, 2010–2013
Manager, Power Simulation Applications, North America, 2007–2010
Project Engineer, Power Simulation Applications, 2005–2007
Trax International
Modelling Engineer, Process Simulation, 2001–2005
Metalforms, Inc.
Design Engineer, 1998–2001
Holding: 0 shares
Sanna Otava
Chief Operating Officer (COO), 2021–
Member of the Leadership Team, 2019–
Nationality: Finnish
Born: 1975
Education: Master’s degree in Energy Technology
Relevant work experience
Director, Operations, Kempower, 2019–2021
Business Development Manager, Kemppi Oy, 2008–2019
Business Development Manager, Digita Oy, 2000–2008
Holding: 12,396 shares
Hanne Peltola
Chief People Officer
Member of the Leadership Team, 2023–
Nationality: Finnish
Born: 1971
Education: Executive Master of Business Administration (eMBA),
Master of Social Sciences,
Relevant work experience
Vice President, Human Resources, Valmet Flow Control business line, 2022–2023
Senior Vice President, Human Resources, Neles Oyj, 2020–2022
Vice President HR, Region HR EMEA and Valves Business Area, Metso Oyj, 2016–2020
Group HR Director, Paroc Group Oy, 2015–2016
Director, Human Resources, Outotec Oyj, 2010–2015
Roles in Human Resources in Larox Oyj and UPM-Kymmene Oyj in 2001–2010
Holding: 840 shares
Jussi Vanhanen
Chief Markets Officer (CMO)
Member of the Leadership Team, 2021–
Nationality: Finnish
Born: 1972
Education: Master of Science in Electrical Engineering
Relevant work experience
Vice President, Sales and Marketing, Efore Oyj (now Enedo Plc), 2018–2021
Business Unit director, Ensto Ltd, 2017–2018
Program Director, Finpro Oy (now Business Finland Oy) 2016–2017
Marketing director, The Switch Drive Systems Ltd, 2007–2016
Sales Director, ABB Oy, 1998–2007
Holding: 4,933 shares
Mathias Wiklund
Chief Sales Officer (CSO)
Member of the Leadership Team, 2024–
Nationality: Swedish
Born: 1971
Education: Executive MBA, Master of Science in Mechanical Engineering
Relevant work experience
Chief Commercial Officer, CCO, Universal Robots Denmark, 2019–2023
Senior Vice President at KUKA Robotics China, 2016–2019
Chief Executive Officer, CEO Comau Robotics Italy, China, 2013–2016
Key positions of trust
Member of the Board, Jacobi Robotics, USA, 2023–