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Nokia Strengthens Regional Operation Mode
September 11, 1996
Nokia Group will develop its operation mode by expanding regional responsibilities in the Group´s operational leadership and development. As of January 1, 1997, Nokia will implement group-wide regional organizations in the Asia-Pacific area and in the North and South Americas. Each of Nokia´s three business groups: Nokia Telecommunications, Nokia Mobile Phones and Nokia General Communications Products, will continue to carry the global responsibility in its total operations.
The changes give Nokia a better platform to further enhance its total telecommunications know-how, fast decision making and better understanding of specific customer interface issues regionally.
Ms. Sari Baldauf has been appointed Executive Vice President, Nokia APAC. Ms. Baldauf will report to Jorma Ollila, President and CEO, Nokia. Currently Ms. Baldauf, President, Nokia Telecommunications, Cellular Systems, is responsible for the Nokia Cellular Systems´ division, part of Nokia Telecommunications business group.
Mr. Olli-Pekka Kallasvuo has been appointed Executive Vice President, Nokia Americas. Mr. Kallasvuo will report to Mr. Jorma Ollila. Currently, Mr. Kallasvuo, Executive Vice President and CFO, is responsible for Nokia Group finance, treasury and corporate development.
Both Sari Baldauf and Olli-Pekka Kallasvuo will continue to be members of the Nokia Group Executive Board.
Ms. Maija Torkko has been appointed Senior Vice President, Finance & Control, Nokia Group. Currently, Ms Torkko, Senior Vice President, Corporate Controller is responsible for corporate control in Nokia Group.
Dr. Mikko Kosonen has been appointed Vice President, Corporate Development, Nokia Group. Currently, Dr. Kosonen is responsible for corporate planning in Nokia Telecommunications business group.
Ms. Torkko and Dr. Kosonen will report to Mr. Ollila.
All of the appointments are valid as of January 1, 1997.
New operation mode - platform to further development in Nokia
Says Mr. Jorma Ollila, President and CEO, Nokia "Nokia´s development to a focused telecommunications company with global business activities requires that our organization is continuously developed. The changes to be implemented continue the development started in 1992.
"An even better understanding of customer needs and the development of state-of-the art solutions to fulfil these needs is a key to Nokia´s future success. Furthermore, these solutions must be implemented fast and efficiently."
"The new operation mode with emphasis on the cross-business-group co-operation, will increase the efficiency in exploiting Nokia´s total skills in telecommunications business."
"When building the new organization and mode of operation, we have targeted on fulfilling the requirements, listed above. With our total know-how in telecommunications combined with the understanding of local specific issues, we believe to be able to operate faster and more efficiently and to be able to offer more value-added to our customers."
"Understanding and controlling large entities will become even more crucial when the fast-growing telecommunications business is getting more global and requiring increasingly complex integrated solutions", says Mr. Jorma Ollila, President and CEO, Nokia.
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