Ropo strengthens group management with appointment of Ilkka Sammelvuo as Chief Operating Officer and a new Managing Director for Finland

Ropo Capital is investing in the global growth of its invoice lifecycle concept and boosting its group management with the appointment of a new Chief Operating Officer: Ilkka Sammelvuo, currently the Managing Director of Ropo Capital Finland. His appointment will also result in a new Managing Director for Ropo Capital Finland.

Sammelvuo was appointed as the group’s Chief Operating Officer as of January 1, 2023. In the role he focuses on leading and developing Ropo Capital’s global invoice lifecycle operations and service development. His goal will be to improve the group’s speed to market with the efficiently scalable Ropo 24 invoice technology platform and to increase market share in Finland, Sweden and Norway.

“A clear strategy is the best foundation for strong growth, and the key driver in service production and development,” said Rickard Westlund, CEO of the Ropo Capital Group. “Maintaining focus and reacting to changes, on the other hand, requires strong leadership. Ilkka’s extensive experience in Ropo’s service business and deep understanding of technology makes him perfect for the role of the group’s Chief Operating Officer.”

Sammelvuo has worked for Ropo Capital since 2011, first in leadership and development positions in information management and technologies, and for the last two years as Managing Director of the company’s Finnish organisation.

“I truly believe in Ropo’s service concept and want to ensure that our invoice lifecycle model is the best it can possibly be, both in Finland and on international markets,” Sammelvuo said. “In my new role I’m focusing more on strengthening Ropo’s global competitive advantages, scaling the business and developing our strong tech-enabled service concept.”

The selection of Sammelvuo’s successor is progressing well, with the appointment of the new Managing Director for Ropo Capital Finland likely to be announced in early April at the latest. Until then, Sales Director Ville Räsänen will act as interim Managing Director in addition to covering his own duties, while Sammelvuo focuses on his new role in group services.

Along with the appointments, the group’s management team has also seen changes: Sammelvuo will continue in group management with his new title, while Räsänen will perform the duties of Managing Director for Ropo Capital Finland until a new Managing Director is appointed.

For more information, please contact:
Jenni Jantunen, Chief Brand & Communications Officer, Ropo Capital,
+358 44 756 9603, jenni.jantunen@ropocapital.fi

Ropo Capital is the market leader in invoice management in Finland, covering the whole value chain of the receivables lifecycle, from invoice delivery to payment monitoring and receivables management. We compete on the Nordic markets as a technological forerunner – our operating model is based on the advantages of digitalisation, 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.