Nokia announces changes to its leadership team and the creation of Technology and AI and Corporate Development Organizations

Core Insights - Nokia has announced leadership changes and the establishment of two new organizations: a Technology and AI Organization and a Corporate Development Organization, effective from October 1, 2025, aimed at enhancing technology innovation and business development support [2][8]. Leadership Changes - Pallavi Mahajan will lead the Technology and AI Organization, integrating Nokia Bell Labs, Technology and AI Leadership, and Group Security. She has extensive experience in networks, software, and AI, previously holding significant roles at Intel and HPE [4][6]. - Konstanty Owczarek will head the Corporate Development Organization, which will encompass Corporate Development, Strategic Partnerships, Mergers and Acquisitions, incubation activities, and NGP Capital. He has a strong background in corporate development and strategy from his previous roles at HPE and AIG [5][6]. Strategic Focus - The creation of the Technology and AI Organization is intended to drive differentiation through core technologies, enhance capabilities in security and AI, and leverage partnerships within the ecosystem [3][8]. - The Corporate Development Organization aims to accelerate Nokia's strategic evolution and execution, supporting various business initiatives [3][5]. Transition and Acknowledgments - Nishant Batra will step down as Chief Strategy and Technology Officer and from the Group Leadership Team on September 30, 2025, after contributing to Nokia's transformation and innovation strategy over the past five years [7][9].