Governor, Central Bank of Norway
Øystein Olsen was re-appointed Governor of Norges Bank and Chair of the Executive Board on 1 January 2017 for a second six-year term. Øystein Olsen has held this post since 2011.
His work experience includes posts as Director General of Statistics Norway and Director General at the Ministry of Finance. He also chaired or was a member of several government-appointed commissions. Øystein Olsen holds a postgraduate degree in economics (Cand. oecon.) from the University of Oslo.
About the Bank
Norges Bank is Norway's central bank. The Bank's mission is to promote economic stability and manage substantial assets on behalf of the Norwegian people.
The Bank has executive and advisory responsibilities in the area of monetary policy and is responsible for promoting robust and efficient payment systems and financial markets.
The Bank is responsible for the management of Norway's foreign exchange reserves and the management of the Government Pension Fund Global (GPFG) on behalf of the government. The investment strategy of the GPFG is designed to obtain the highest possible return within the framework of the investment mandate.
Norges Bank is a separate legal entity owned by the state.