Pekka Lundmark has been appointed as the CEO (Chief executive officer) of Nokia. Present Nokia Chief Executive Mr. Rajeev Suri will leave his current position on 31st August 2020 and continue to serve as an advisor to the Nokia board until 1st January 2021. Nokia faces intense competition from Sweden’s Ericsson and China’s Huawei in the race to deliver 5G telecoms networks to operators around the world.
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