Central Banks

Norway Central Bank Gets 82 Applicants for Wealth Fund CEO Job

  • Current chief Nicolai Tangen has applied for a second term
  • Norway’s $1.8 trillion fund is built on oil, gas revenue
Nicolai TangenPhotographer: Chris Ratcliffe/Bloomberg
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Norges Bank received 82 applications for the job to run Norway’s $1.8 trillion sovereign wealth fund, as current chief Nicolai Tangen’s first period comes to an end.

Tangen, 58, who is approaching the end of his first five-year term, reapplied for the position along with a slew of other applicants with backgrounds ranging from asset management to electricians and environmental campaigners, according to a list obtained from the central bank.