Helsinki, Sep 1 (DPA) Indian national Rajeev Suri is to be new chief executive of Nokia Siemens Networks, the 50-50 joint venture launched in 2007 between Finland’s Nokia and Germany’s Siemens, the group said Tuesday.

Suri, 41, is to take over from Simon Beresford-Wylie on Oct 1. Suri has been with Nokia for 20 years and is currently head of the services business of Nokia Siemens Networks.

Beresford-Wylie was to leave the company Nov 1 and step down from the board in September, the statement said.