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New Members to the Nokia Group Executive Board: Kai Oistamo to Head Mobile Phones Business Group, Robert Andersson to Lead Customer and Market Operations

Posted on: Friday, 2 September 2005, 06:00 CDT

ESPOO, Finland, September 2 /PRNewswire-FirstCall/ -- The Nokia Board of Directors has appointed Kai Oistamo, 40, and Robert Andersson, 44, to the Nokia Group Executive Board as of October 1, 2005.

Mr. Oistamo, who joined Nokia in 1991, will lead Nokia's Mobile Phones business group as of October 1, 2005. He is currently in charge of the business line management of Mobile Phones, and prior to that held many executive positions within the Nokia Mobile Phones business group.

Mr. Andersson has been appointed to head Nokia's Customer and Market Operations unit. He has worked in various positions in Nokia since he joined the company in 1985, and is currently in charge of Customer and Market Operations in Europe, the Middle East and Africa. Prior to this he was in charge of Nokia Mobile Phones' business in the Asia Pacific region.

Kai Oistamo, as well as other Nokia business group heads, Robert Andersson and Pertti Korhonen, Head of Technology Platforms, will report to Olli-Pekka Kallasvuo, who starts as President and COO of Nokia on October 1, 2005. The other Group Executive Board members will report to Jorma Ollila, Chairman and CEO of Nokia.

Yrjo Neuvo, 62, Senior Vice President and Technology Advisor, will retire at the end of 2005. He and Pekka Ala-Pietila will leave their duties as Group Executive Board members as of October 1, 2005.

Thereafter the members of the Nokia Group Executive Board will be: Jorma Ollila (Chairman), Olli-Pekka Kallasvuo, Robert Andersson, Simon Beresford-Wylie, Pertti Korhonen, Mary McDowell, Hallstein Moerk, Tero Ojanpera, Rick Simonson, Veli Sundback, Anssi Vanjoki and Kai Oistamo.

About Nokia

Nokia is a world leader in mobile communications, driving the growth and sustainability of the broader mobility industry. Nokia connects people to each other and the information that matters to them with easy-to-use and innovative products like mobile phones, devices and solutions for imaging, games, media and businesses. Nokia provides equipment, solutions and services for network operators and corporations.

http://www.nokia.com/

Robert Andersson's and Kai Oistamo's CVs will be placed later today on the Nokia website at http://www.nokia.com/nokia/0,8764,33097,00.html and photos will be placed at http://www.nokia.com/nokia/0,,73858,00.html

Nokia

CONTACT: Media Enquiries: Nokia, Communications, Tel. +358-7180-34900E-mail: press.office@nokia.com Nokia, Investor Relations,Europe, tel. +358-7180-34962 U.S., tel. +1-914-368-0535

Source: PRNewswire-FirstCall

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