About NBIM
NBIM governance structure
NBIM is a division and integrated part of Norges Bank, Norway's central bank. This makes NBIM subject to the same laws and regulations as the central bank.
NBIM’s investment activities are governed in hierarchical order by the following Norwegian institutions: Parliament (Stortinget), the Ministry of Finance and Norges Bank through the investment management unit NBIM. The ministry is the beneficial owner of the Government Pension Fund Global, NBIM’s largest investment mandate.
Supplementary rules and guidelines for the fund’s management are laid down by Norges Bank’s Executive Board, the Central Bank Governor and NBIM.
NBIM’s CEO acts in accordance with investment mandates and job descriptions issued by Norges Bank’s Executive Board.