Ida Wolden Bache assumed the post of Governor of Norges Bank on 1 March 2022 after Øystein Olsen retired. Last week it became clear that she would accept to continue after Jens Stoltenberg relinquished the post. Friday’s decision by the King in the Council of State has made the appointment official.

"It is with a sense of responsibility and with great humility that I have set to work on the task at hand. Norges Bank is an important social institution that I am proud to work for. Together with all of you highly competent employees of the central bank and of Norges Bank Investment Management, I will work to carry out our mission in the best way possible in the time to come," says Ida Wolden Bache.