Ida Wolden Bache formally appointed Governor of Norway’s Central Bank

Ida Wolden BachePhoto: Terje Bendiksby / NTB

On Friday, Ida Wolden Bache was formally appointed as the new head of Norges Bank. Jens Stoltenberg resigned from the position last week.

“Ida Wolden Bache is very well suited as the top manager of Norges Bank, an institution that manages important social tasks on behalf of us all,” Minister of Finance Trygve Slagsvold Vedum (SP) stated.

Originally, NATO Secretary-General Jens Stoltenberg was given the job. Last week, however, Stoltenberg chose to resign after it became clear that he had agreed to continue working in NATO as a result of the war in Ukraine. 

At the same time, it became clear that Ida Wolden Bache would get the job.

Wolden Bache has been Deputy Governor under Øystein Olsen and has held the position since Olsen resigned on March 1.

She will now be the Governor of the Central Bank and chair of Norges Bank’s Executive Board for a term of six years.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayNews

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