The Act of 1892 gave the Board a permanent chairman. In 1985 the term Executive Board was introduced, and the chairman was entitled Governor of the Central Bank.
The chairmen and governors since 1893 are:
1893 - 1920 Karl Gether Bomhoff
1920 - 1946 Nicolai Rygg
Arnold C. Ræstad was Chairman of the London Board 1940-45
1946 - 1954 Gunnar Jahn
1954 - 1970 Erik Brofoss
1970 - 1985 Knut Getz Wold
1985 - 1993 Hermod Skånland
1994 - 1995 Torstein Moland
1996 - 1998 Kjell Storvik
1999 - 2010 Svein Gjedrem
2011 - Øystein Olsen