Norway Posts Ad for CEO of $1.8 Trillion Sovereign Wealth Fund

Nicolai TangenPhotographer: Chris Ratcliffe/Bloomberg
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Norway’s central bank opened applications for head of the country’s $1.8 trillion sovereign wealth fund with incumbent Nicolai Tangen seen as likely to be reappointed.

Tangen, 58, who is nearing the end of his first five-year term, has said that he intends to reapply for the position. His general popularity at home is likely to help him keep the job.