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Haidamus to exit as Nokia Technologies head

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Nokia is on the hunt for a new President of its Technologies business after Ramzi Haidamus announced he is leaving to "explore new opportunities".

Haidamus will formally step down tomorrow (1 September), but will remain with the company until the end of the month to ensure a smooth transition.

While Nokia searches for Haidamus's replacement, Brad Rodrigues, current Head of Strategy and Business Development in Nokia Technologies, will serve as acting President. The vendor said Haidamus's successor would need the "requisite technology, product and commercial skills".

Rajeev Suri, President and Chief Executive Officer of Nokia, said: "Ramzi has created a strong foundation in Nokia Technologies. Under his leadership, we have grown our patent licensing business, reached an agreement with HMD global Oy to bring the Nokia brand back to mobile devices, and made excellent progress in digital media with the launch of the OZO virtual reality camera and in digital health with the acquisition of Withings.

"I wish Ramzi well, and am confident that with its strong foundation, Nokia Technologies will continue its progress without missing a beat."

Haidamus added: "What was originally a collection of interesting assets is now a focused, growing and profitable business with a strong leadership team.

"Given that progress, now is the right time for me to explore new opportunities to pursue my passion for building and transforming businesses. I am proud of what we have accomplished at Nokia Technologies and look forward to seeing the business continue to grow and thrive."