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Norway: The chief investment officer of Norway’s sovereign wealth fund, Ole Christian Bech-Moen, has been appointed the new executive director of Norges Bank’s monetary policy department.

Bech-Moen succeeds Ida Wolden Bache, who was promoted to the role of Norges Bank’s deputy governor earlier this year. Bech-Moen is currently chief investment officer, allocation strategies, at Norges Bank Investment Management (NBIM), the largest sovereign wealth fund in the world. The central bank is yet to

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