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Nokia names Indian-origin Rajiv Suri as CEO

Tuesday, 29 April 2014 - 9:49am IST | Place: Mumbai | Agency: DNA Webdesk
  • Rajiv Suri

After Microsoft's Satya Nadella, now the Finnish tech giant Nokia has announced an Indian origin—Rajiv Suri—as its new chief executive officer (CEO).

Suri, who was the head of Nokia's telecoms network equipment division, was predicted by many to be anointed as the frontrunner for the post. Helsingin Sanomat newspaper, citing sources familiar with board discussions had said Suri was the strongest candidate to succeed Stephen Elop who is due to move to Microsoft once the 5.4 billion euro ($7.5 billion) handset deal is closed.

Commenting on the occasion, Suri said, “ I am honored to have been asked to take this role, and excited about the possibilities that lie in our future. Nokia, with its deep experience in connecting people and its three strong businesses, is well-positioned to tap new opportunities during this time of technological change.”

Whilst handing over the charge to Suri, the interim CEO Risto Siilasmaa stated, “He has a proven ability to create strategic clarity, drive innovation and growth, ensure disciplined execution, and deliver results. We believe that his passion for technology will help ensure that Nokia continues to deliver innovations that have a positive impact on people's lives.” To his credit, Suri has, in recent years, helped the network equipment division, Nokia Solutions and Networks (NSN), turn profitable by ditching unprofitable businesses and with a drastic restructuring plan.

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