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D. Shivakumar quits Nokia

Posted: 01 Apr 2013     Print Version  Bookmark and Share

Keywords:D Shivakumar  quit  India  Middle East  Africa 

After an eight-year stint with Nokia, D. Shivakumar has decided to quit the Finnish phone company. He headed Nokia’s India operations for six years from 2006-2011, before moving to Dubai to lead the emerging markets.

Nokia’s Senior VP for India, Middle East, and Africa Region, Shivakumar will continue in the current role till June 30, before moving back to India.

According to media reports, Shivakumar has plans to start a new venture on his own, and is unlikely to be associated with mobility, telecom and FMCG in his next endeavour.

Prior to joining Nokia 2006, he worked with Philips India and Hindustan Lever.

His exit comes at a time when Nokia is facing a lot of heat from the likes of Samsung and Apple. Nokia’s market share has declined globally to less than 20 per cent from a 40 per cent in 2008. Last year, the company lost its “world’s largest handset maker” crown to Samsung. Despite falling sales, India continues to be the second-largest market for Nokia after China.

The news comes within a month of BlackBerry India managing director Sunil Dutt quitting early this month. Dutt left BlackBerry at a time when the struggling Canadian smartphone maker was trying to make a comeback with its Blackberry 10-based smartphone Z10.

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