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Nokia smartphone chief steps down

The head of Nokia's smartphone division has resigned, in what many are calling a sign of more management changes to come.

Nokia smartphone chief steps down
Anssi Vanjoki has stepped down after 20 years of working at the Finnish firm.

The head of Nokia's Mobile Solutions unit has stepped down, continuing a troubling run of form for the Finnish telecoms vendor. The move comes just three days after it had appointed its first-ever non-Finnish CEO, Stephen Elop. 

Executive vice president Anssi Vanjoki is expected to serve out a six-month notice period before he can leave. Vanjoki has been at the firm for more than 20 years and was at one time touted as a potential CEO in his own right. However, the firm has been hit hard by a lack of demand for its flagship smartphones - which Vanjoki was in charge of developing - when compared to rivals from Google and Apple.

"I felt the time has come to seek new opportunities in my life," Anssi Vanjoki says. "At the same time, I am 100% committed to doing my best for Nokia until my very last working day. I am also really looking forward to this year's Nokia World and sharing news about exciting new devices and solutions."

"This marks the end of an era at Nokia and could signal further management changes to follow," CCS Insight analyst Ben Wood told Bloomberg news by text message.

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