Walter Masalin, a principal at Nokia Growth Partners where he moved in 2010, has been promoted to a partner position.

Nokia Growth Partners (NGP), the corporate venturing arm of communications technology provider Nokia, has promoted Walter Masalin to partner.

Masalin had been a principal at the growth-stage unit since 2010, having joined Nokia’s graduate scheme in 2007 before taking a business development manager position in 2009.

“I was privileged to be offered an opportunity to join NGP in 2010,” Masalin said. “Back then, it was early days and we invested out of Fund II, a $250m fund. We were a…