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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.

 

 

 

 

See also

The governance structure for the 
Government Pension Fund Global

Investment mandate

This investment mandate has been issued to the Executive Director of Norges Bank Investment Management (NBIM) pursuant to the Executive Board’s decision on 17 December 2008, and amended on 24 February 2010.

Executive Board's principles for risk management in NBIM

Laid down by the Executive Board 10 June 2009, last amended 24 February 2010.

Last Updated: 22 March 2010

Norges Bank Investment Management (NBIM) | Bankplassen 2, P.O. Box 1179 Sentrum | NO-0107 Oslo, Norway | Tel +47 24 07 30 00 | E-mail contact@nbim.no | Disclaimer