Norway is looking for a new CEO for its massive fund to replace Yngve Slyngstad, who said in October he would step down after 12 years at the helm.
OSLO: The new head of Norway’s $1.1 trillion sovereign wealth fund will likely be a Norwegian citizen, the outgoing chief executive officer said in an interview with local news service E24.no.
Norway is looking for a new CEO for its massive fund to replace Yngve Slyngstad, who said in October he would step down after 12 years at the helm. The fund has swelled to a record this year, but has also come to a crossroads as capital injections from the country’s oil and gas production fade.
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