Nokia brings SAP CEO and Indian banker on board

Nokia is bringing an Indian banker and the CEO of SAP onto its main board.

Nokia is bringing an Indian banker and the CEO of SAP onto its main board.

The company will be seeking to ratify the appointments onto an expanded board at its AGM in May.

If rubberstamped, the board will include SAP CEO and chairman Dr Henning Kagermann, and Lalita Gupte, former joint managing director of ICICI Bank, India’s second biggest bank.

Gupte is currently non-executive chairman of the same bank’s Venture Funds Management business. The Asian market is the fastest growing mobile market, with the number of handsets sold there far outstripping sales in the established Western European and North American markets.

Nokia has also recently expanded its Indian R&D centres and manufacturing plants.

The closer association with SAP following Kagermann’s appointment, will further help Nokia develop and deliver mobile platforms that can more easily cope with data intensive applications like CRM and ERP.

Another addition on the main Nokia board is Nokia Corporation president and CEO Olli-Pekka Kallasvuo, who is already on the board of storage giant EMC.

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