About the Pension Fund
The objective of the Pension Fund is to provide efficient and high-quality service to members, pensioners, and employers, as well as to ensure sound and effective management of the Pension Fund’s assets.
The Pension Fund was established by Norges Bank in 1916 with the purpose of providing pensions to its members and their surviving dependents. The Pension Fund is an independent legal entity governed by a board appointed by Norges Bank’s Executive Board and employee organizations.
About the Board
The Pension Fund is governed by its own Board of six members, along with deputy members. Four board members and two deputy members are appointed by Norges Bank’s Executive Board, of which at least one board member must have no affiliation with the Pension Fund, the Bank, or affiliated entities. Two board members, along with their deputies, are appointed by employee organizations.
The Board elects its own Chair from among its members. Board members are normally appointed for a term of three years.
Board of Directors of Norges Bank Pension Fund
|
Members |
Appointed by |
Term until |
|
Dag Huse, Chair |
Norges Bank Executive Board |
31 March 2029 |
|
Kjell Bjørn Nordal |
Norges Bank Executive Board |
31 March 2027 |
|
Aase Løne |
Norges Bank Executive Board |
31 March 2028 |
|
Mariann S. Bendriss |
Norges Bank Executive Board |
31 March 2029 |
|
Brit Selnes |
Employee organisations |
31 March 2029 |
|
Kristoffer Haugen |
Employee organisations |
31 March 2029 |
Deputy Members
|
Deputy Members |
Appointed by |
Term until |
|
Hege Gjerde |
Norges Bank Executive Board |
31 March 2027 |
|
Ørjan Agdesteen |
Norges Bank Executive Board |
31 March 2028 |
|
Trude Vikan (personal deputy for Kristoffer Haugen) |
31 March 2029 |
|
|
Tor Oddvar Berge (personal deputy for Brit Selnes) |
31 March 2029 |
Employees in Norges Bank Pension Fund
Managing Director: Lars Hammersbøen
Senior adviser: Raza Ashraf
Senior adviser: Nina Bahl