Governance
Algol Group is a Finnish family business and a multi-branch group that has been active in international trade since 1894. Among Algol Group companies, Algol Chemicals is focused on chemicals distribution. Our governance is built on a responsible, long-term and transparent approach.
Managing Director
Kalle Kettunen (M.Sc. (Tech.), MBA) serves as Managing Director of Algol Chemicals.
Board of Directors
The Board of Directors of Algol Chemicals is responsible for the strategic direction and supervision of the business. The Board aligns its activities with the objectives of the parent company and the strategy of the family business, while ensuring the Group company’s independence and developing its market value.
Introducing the Board of Directors of Algol Chemicals
Alexander Bargum
Chair of the Board
Member of the Board since 2011
- Year of birth: 1975
- Education: Master of Laws, LL.M.
- Previous full-time positions: Algol Oy, CEO; Hannes Snellman Attorneys at Law Ltd, associate lawyer and partner
- Current and previous elected positions and other part-time positions: Arcada University of Applied Sciences, Chair of the Board; German-Finnish Chamber of Commerce (AHK Finnland), Chair of the Board; EK – Confederation of Finnish Industries, Deputy Chair of the Entrepreneurs’ Delegation; Association of Finnish Foundations, Member of the Board; Finnish Family Firms Association, Chair of the Board; Association of Finnish Technical Traders, Deputy Chair of the Board
Markus Alholm
Member of the Board since 2026
- Year of birth: 1964
- Education: M.Sc. (Econ) and professional officer degree
- Current position: Hutah Industries Pvt. Ltd. India, President & COO
- Previous positions: Several interim CEO positions; GE Energy and Power Finland, CEO; Alstom Finland, President; Vattenfall Heat Finland, Managing Director; Rocla Plc, Finland, President
- Current and previous elected positions and other part-time positions: Hopiasepät, Senior Advisor; N2 Comms, Advisory Board Member; Quercus Investment Partners (London), Advisory Board Member; World Energy Council (WEC) Finland, Board Member; Finnish Technology Industry Association, Energy Working Group Member; Finnish Technology Industry Association, Deputy Board Member; Finnuclear, Board Member
Johannes Bargum
Member of the Board since 2025
- Year of birth: 1979
- Education: QBA
- Full-time position: Algol Oy, Manager, Real Estate and Facilities since 2012
- Previous full-time positions: Various tasks within Algol Oy
Joakim Flinck
Member of the Board since 2023
- Year of birth: 1976
- Education: M.Sc. (Finance)
- Full-time position: Algol Oy, Group CEO since 2025
- Previous full-time positions: Algol Oy, CFO and Deputy CEO; PAROC Group, Director, Group Finance, and Group Treasurer
- Current and previous elected positions and other part-time positions: Finnish Commerce Federation, Member of the Board; Association of Finnish Technical Traders, Member of the Board; Confederation of Finnish Industries, General Assembly; Finnish-British Trade Association, Member of the Board; Stiftelsen Clara sr, Chair of the Board; Nylands Brigads Gille r.f., Chair of the Board; Finnish Naval Defence Foundation, Member of the Board; Fonden Stensböle Minnen (Kulturfonden), Deputy Chair of the Board
Petri Helsky
Member of the Board since 2019
Tuuli Luoma
Member of the Board since 2025
- Year of birth: 1980
- Education: M.Sc. (Econ.)
- Full-time position: Kesko Oyj, Purchasing and Sales Director
- Previous full-time positions: Kesko Oyj, Director, Sales and Own Brands, Export Director
- Current and previous elected positions and other part-time positions: AMS Sourcing B.V, Operational Member of the Board; EK – Confederation of Finnish Industries, Member of the Trade Policy Delegation; Finnish Commerce Federation, Chair of the Trade Policy Delegation
Board members Markus Alholm, Petri Helsky and Tuuli Luoma are independent of the company and its significant shareholders. Joakim Flinck is independent of the company’s significant shareholders.
Algol Chemicals’ subsidiaries
Algol Chemicals has subsidiaries operating in several countries. In addition to our common operating practices, the subsidiaries comply with the legislation of the countries in which they operate.
