Norges Bank

Organisation

The highest decision-making bodies of Norges Bank are the Executive Board, the Monetary Policy and Financial Stability Committee and the Supervisory Council.

 

The Governor is responsible for the day-to-day management of the Bank, with the Deputy Governors as First Deputy Chair and Second Deputy Chair of the Executive Board.

The general manager of Norges Bank Investment Management (NBIM) is appointed by the Executive Board.

The Norges Bank Act (official Norwegian version at Lovdata) governs the relationship between Norges Bank and the authorities. The Act relating to the Government Pension Fund and the mandate for management of Government Pension Fund Global (GPFG) govern the division of responsibilities between Norges Bank and the Ministry of Finance with regard to the management of the GPFG.

Norges Bank Central Banking Operations comprises

In addition, the Bank has an Internal Audit unit

The General Secretariat performs secretariat, coordinating and governance functions on behalf of the Bank's executive management.

Edited 12 December 2022 09:30
Edited 12 December 2022 09:30