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Norway appoints new wealth fund supervisor at central bank – Reuters

Norway appoints new wealth fund supervisor at central bank – Reuters

Norway has appointed Oeystein Boersum as deputy governor and executive board member of its central bank, with a dedicated mandate to supervise the world’s largest sovereign wealth fund, the government said on Friday.
Boersum, until now chief credit strategist at Swedbank (SWEDa.ST) in Oslo, was appointed to a six-year term.
While day-to-day operation of the $1.3 trillion fund is run by Norges Bank Investment Management and its chief executive, Nicolai Tangen, the central bank’s board sets its budgets…

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