Economics
Norway Boosts Wealth Fund Oversight With New Deputy Governor
- Egil Matsen is economics professor, sits on bank board
- Takes up role following debate over tighter fund oversight
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Norway named central bank executive board member Egil Matsen as deputy governor in charge of overseeing its $860 billion wealth fund.
Matsen, 46, is a professor at the Norwegian University of Science and Technology in Trondheim. He was appointed to a six-year term for the newly created position. Matsen, who has a PhD from the Norwegian School of Economics, has served as a member of the board that decides monetary policy and oversees the wealth fund since 2012.