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Nokia's head of mobile solutions resigns

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CIOL Bureau
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LONDON, UK: Anssi Vanjoki, the head of Nokia's mobile solutions unit, is resigning following the appointment of outsider Stephen Elop as chief executive of the world's biggest cellphone maker.

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Vanjoki, who joined Nokia in 1991, has a six-month notice period and will continue with his current tasks for the time being, Nokia said in a statement on Monday.

"I felt the time has come to seek new opportunities in my life," Vanjoki said.

Nokia announced on Friday it was hiring Elop, a Canadian Microsoft executive with Silicon Valley credentials, to replace embattled CEO Olli-Pekka Kallasvuo and renew its drive to compete with Apple.

"This marks the end of an era at Nokia and could signal further management changes to follow," UK-based telecoms research firm CCS Insight said in a note.

Nokia's chairman, Jorma Ollila, who led Nokia's transformation from a rubber boots-to-TVs conglomerate into a mobile phones giant in the 1990s, also said on Friday he intended to step down after helping with the CEO management change.

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