8.12.2021

Chamber of Commerce Cross Awarded to Marko Hentunen for His Contributions to Finnish Business and Industry

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The Finland Chamber of Commerce awarded the Chamber of Commerce Cross to arbitration expert, Partner Marko Hentunen on 3 December 2021. The award is a recognition of his meritorious contributions to economic freedom and Finnish business and industry. The Chamber of Commerce Cross was awarded to Mr Hentunen at the Helsinki International Arbitration Day, which was also the 110th anniversary celebration of the Arbitration Institute of the Finland Chamber of Commerce (FAI).

Mr Hentunen has been the Vice-Chair of the Board of the Arbitration Institute of the Finland Chamber of Commerce since 2013. His term on the Board of the Arbitration Institute ends at the end of 2021.

Mr Hentunen also acted as the Vice-Chair of the Task Force on the Revision of the Arbitration Rules of the Finland Chamber of Commerce (FAI Rules) in 2012–2013. The new Arbitration Rules drafted by the task force entered into force in the summer of 2013. One of the main objectives of the revision was to promote the speed and cost-efficiency of arbitration proceedings. At the same time, the rules were modernised and brought into line with best international practises. The international profile of the FAI was also raised by inviting seven recognised and esteemed international arbitration experts from several countries to join its board.

In 2018–2019, Mr Hentunen chaired the most recent Task Force on the Revision of the Arbitration Rules, and the resulting revised Arbitration Rules of the Finland Chamber of Commerce entered into force in the beginning of 2020.

Mr Hentunen has also had a prominent role as one of the founders of Finnish Arbitration Day and the Finnish Arbitration Academy, both of which have been organised since 2013. The Finnish Arbitration Academy, in which Mr Hentunen serves as a lecturer, has been organised seven times to date and has been completed by more than 200 Finnish lawyers thus far.