Nokia's emerging markets head D Shivakumar quits
28 March 2013
Finnish handset manufacturer Nokia's operations head for India, West Asia and Africa D Shivakumar has quit, after an eight-year stint.
The man who led Nokia's India operations from 2006 to 2011, before moving to Dubai to lead the region, says he wants to come back to India, according to various media reports.
Shivakumar, who is currently based out of Dubai, oversees the company's operations in about 90 countries. He will continue to be in the current role with Nokia till 30 June 2013, before heading back to India.
He will mentor Arto Nummela, vice president, Smart Devices at Nokia as his successor to hit the ground running.
Shivakumar would continue to be associated with mobility, telecommunications and FMCG in the future, even though he has not firmed up his next move.
Prior to joining Nokia India, he was head, consumer electronics business of Philips.
Despite falling sales, India continues to be the second largest market for the Finnish handset major after China. India generated revenues to the tune of 2.227 billion in 2012 as against 2.923 billion in 2011 and 2.952 billion in 2010, Nokia said in its annual report.