Sampo Group is a Nordic financial company made up of the parent company Sampo plc and If P&C Insurance Holding Ltd, Mandatum Life Insurance Company Ltd and Topdanmark, all of which are its subsidiaries.
The Helsinki-based parent company administers the subsidiaries. Sampo Group employs nearly 6,800 employees. Kari Stadigh is the Group CEO and President for Sampo.
Sampo Group had a banking operations under the name of Sampo Bank between 2000 - 2006. In November 2006, it was disclosed that the banking business of Sampo is sold to the Danish Danske Bank, so that Sampo will concentrate on its insurance business.[3] The proceeds of the sale were invested in the shares of Nordea, the largest bank in the Nordic region. Sampo currently owns more than 20 per cent and is a major shareholder in Nordea. Nordea is Sampo’s associated company.