India-origin President and CEO of Finnish telecom major Nokia, Rajeev Suri, has decided to quit the company to pursue his own interests, according to a company statement.
Nokia's Board of Directors has appointed Pekka Lundmark as President and Chief Executive Officer of Nokia who will take charge of his new role on September 1, 2020.
Suri, who has been working for Nokia for last 25 years, said, "I have wanted to do something different. Nokia will always be part of me, and I want to thank everyone that I have worked with over the years for helping make Nokia a better place and me a better leader.
"I leave the company with a belief that a return to better performance is on the horizon and with pride for what we have accomplished over time."