Ida Wolden Bache

Appointed Governor of Norges Bank from 8 April 2022 to 2028. Bache is Chair of the Executive Board and the Monetary Policy and Financial Stability Committee.

Her work experience includes posts as Deputy Governor, Executive Director of Norges Bank Monetary Policy and Norges Bank Financial Stability. She has also been a macroeconomist at Handelsbanken Capital Markets. Bache was a member of the Systemic Risk Council in Denmark in the period between 2017 and 2022. She holds a doctorate in economics from the University of Oslo and an MSc in economics from the London School of Economics.

Pål Longva

Appointed Deputy Governor for the period 29 August 2022 through 2028. Longva has particular responsibility for central banking operations and is First Deputy Chair of the Executive Board and the Monetary Policy and Financial Stability Committee.

His work experience includes the post of Director General of the Ministry of Finance Budget Department. Longva has worked at McKinsey and as Deputy Director General and Director General at the Ministry of Labour and Social Inclusion. He holds a doctorate in economics from the University of Oslo.

Øystein Børsum

Appointed Deputy Governor for the period 2 August 2021-2027. Børsum has particular responsibility for the Government Pension Fund Global. Børsum is Second Deputy Chair of the Executive Board and the Monetary Policy and Financial Stability Committee. Chair of the Ownership Committee and the Risk and Investment Committee  of the Executive Board.

His work experience includes the post of chief economist at Swedbank and positions in the Budget and Asset Management Departments of the Ministry of Finance. Børsum holds a degree in economics from the NHH Norwegian School of Economics, masters’ degrees from Sciences Po and London School of Economics and a doctorate in economics from the University of Oslo.

Steinar Holden

Appointed committee member for the period to 31 December 2027.

Steinar Holden is a full professor in the Department of Economics at the University of Oslo. He has chaired and was a member of several government-appointed commissions and is currently a member of the Norwegian Tariff Board (Tariffnemnda). Holden was also head of the Department of Economics at the University of Oslo. His main areas of research interests are wage determination, monetary and fiscal policy, macroeconomics, the labour market and collective bargaining. Holden holds a PhD in economics from the University of Oslo and has written upper secondary school, college- and university-level textbooks.

Hilde Christiane Bjørnland

Appointed committee member for the period to 31 December 2029.

Hilde C. Bjørnland holds a professorship at the Department of Economics ofthe BI Norwegian Business School, where she is also the director of the Centre for Applied Macroeconomics and Commodity Prices (CAMP). She is a fellow of both the International Association of Applied Econometrics (IAAE) and of the Royal Economic Society. She has previously held positions as provost for Research and Academic Resources at BI Norwegian Business School, staff economist at the International Monetary Fund, and has served as a member of several government-appointed commissions and boards, for example at Finanstilsynet (Financial Supervisory Authority of Norway), Norsk Hydro ASA and at the Swedish Fiscal Policy Council and the Finnish Economic Policy Council.

Hilde C. Bjørnland holds a Master of Science in Econometrics and Mathematical Economics from the London School of Economics and a PhD (Dr.Polit) in Economics from the University of Oslo. She has published in leading international journals. Her main field of research is in applied macroeconomics and time series. Special interests include the study of natural resources, business cycles and monetary and fiscal policy.