Tero Vauraste

Chair Arctic Economic Council

Mr. Tero Vauraste is the President and CEO of Arctia Ltd, a Finnish polar maritime services company in icebreaking, research and oil spill response operating 11 icebreakers.

Mr. Vauraste also serves as Chair of the Arctic Economic Council (AEC), an independent organization established in 2014 that facilitates Arctic business-to-business activities and responsible economic development through the sharing of best practices, technological solutions, standards, and other information. The AEC provides advice and a business perspective to the work of the Arctic Council.

Mr. Vauraste’s educational background includes a Master of Science in Risk, Crises and Disaster Management from Leicester University and a naval officer’s degree from the Finnish Naval Academy. He has served as vessel master and in several other positions in the Finnish Coast Guard. His current military rank is Lieutenant-Commander. Prior to joining Arctia in 2009, he has a long career in senior executive positions within the traffic and logistics service clusters.

In addition to his duties at Arctia and the AEC, Mr. Vauraste holds several positions of trust, including memberships in the Finnish Maritime Weather Advisory Group, and the Finnish Lifeboat Institution’s Advisory Board. He chairs the sub-committee of Maritime Issues of the Finland-China innovation Committee.

Session IV: Ocean health. Blue growth through green thinking

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