"There is a time for everything. In January next year I will turn 70 years of age. This is a natural time to round off a long professional career. I have decided to remain in my post to the end of February next year and finish off with my 12th annual address," says Governor Olsen.

Øystein Olsen took up the post of Governor of Norges Bank in January 2011 and is now serving his second six-year term.