| 31.08.2009 - Norway’s Oil Fund names new executive management team |
| From Bloomberg: Norges Bank Investment Management, which oversees Europe’s largest sovereign wealth fund, named a new team of executives after record losses last year wiped out gains from 12 years of investing Norway’s oil and gas revenue. The 2.47 trillion-krone ($410 billion) Government Pension Fund - Global promoted Bengt Enge to chief investment officer, Trond Grande to chief risk officer and Age Bakker to chief operating officer, the Oslo-based fund said.............Full Article: Source |