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Norges CEO Issues Warning to Boards

Norges CEO Issues Warning to Boards

by Starling Insights

Starling Insights Editorial Board

Jan 18, 2023


As the World Economic Forum kicked off in Davos this week, Nicolai Tangen, CEO of Norges Bank Investment Management — known more colloquially as Norway’s “oil fund” — issued a clear directive to the boards of companies in which the fund invests:

"We expect boards to sharpen up," Tangen wrote in a Financial Times article. "They must become increasingly effective in overseeing business strategy and management in a complex business environment".

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