Iiro Viinanen

Who is Iiro Viinanen?

Iiro Viinanen is a Finnish politician. He was a Member of the Finnish Parliament from 1983 to 1996. His political party was National Coalition Party. He served as the Minister of Finance from 1991 to 1996.

During his term as a Minister, Finland went through its worst recession in history. As the Minister of Finance in Prime Minister Esko Aho's cabinet he led strict budget discipline. He stated that unless budget is cut, Finland can no longer borrow money from foreign countries. Reactions towards his actions caused either strong approval or strong disapproval. Some felt he saved the treasury and some felt he ruined the Finnish welfare state.

In 1996 he was appointed CEO of insurance company Pohjola. At the end of the 1990s he was a board member of Nokia, Kone, UPM-Kymmene, YIT, Finnair, and Orion. He served as a vice chairman of Nokia from 1996 to 2000.

He was diagnosed with Parkinson's disease in 2000, forcing him to retire.