Nokia executive Tero Ojanperä has left the mobile phone marker for a new investment fund aimed at helping develop apps for Nokia devices.
Ojanperä, who was the executive vice president of services, is the latest in line of top level executives to leave the Finnish giant as it prepares to turn a new leaf with Microsoft’s Windows Phone 7 operating system.
The executive will become the managing partner in a new investment fund known as Vision+, which will help fund the development of apps for Nokia and Microsoft’s Windows Phone 7 platform.
Nokia is one of the biggest backers of the investment fund, indicating that Ojanperä exit from Nokia was a well thought out plan.
Ojanperä, who has worked in Nokia for the past 21 years, was previously held the position of chief technology officer, chief strategy officer and head of research for Nokia.
He is largely credited for bringing Ovi Maps and Ovi Store to the world and has immense experience when it comes to working with Symbian, which despite being abandoned by Nokia, still accounts for a huge portion of its revenue stream.
"I have enjoyed more than 20 years at Nokia. I'm proud to have played a role in the company which has changed - and continues to change - the lives of so many people around the world through mobile technology," says Ojanperä.
"Looking ahead, I'm excited to lead the work for the Vision+, which seeks to help communities turn creativity and innovation into products" he added.