New confidence for the oil fund's CEO

» Published: March 18 2025

New confidence for the oil fund's CEO
Photo: Ole Berg-Rusten/NTB/TT

Nicolai Tangen receives renewed confidence as head of the Norwegian oil fund. Tangen, who has held the position since 2020, thus receives a continued mandate for another five years.

Tangen was one of 80 applicants when the position was advertised. During 2024, the oil fund achieved a 13 percent return on the fund's holdings.

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By TT - Translated and adapted by Sweden Herald under license from TT

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