Norges Bank proceeds to draw up contract of new SWF chief

Nicolai Tangen’s appointment came under scrutiny after it was revealed he asked incumbent for help during hiring process

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Norges Bank is currently working on drawing up the contract of the incoming chief executive of the Government Pension Fund Global, Nicolai Tangen.

In a statement published on May 11, governor Øystein Olsen acknowledged the central bank has taken “note of the Supervisory Council being of the opinion that it is unfortunate that not all conflicts of interest between Nicolai Tangen’s finances and the role as CEO of Norges Bank Investment Management were clarified before his employment”.

In April

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