In conversation with Øystein Olsen, former governor of Norges Bank

Øystein Olsen, governor of Norges Bank for 11 years up to 28 February, speaks to David Marsh, OMFIF chairman, about the lessons he has learned over four decades in public service, including in helping to steer the world’s largest sovereign fund. Olsen, a veteran energy economist and formerly Norway’s statistics supremo, has become a member of the OMFIF advisory council. Norges Bank is responsible for managing the Government Pension Fund Global, with $1.3tn invested through Norges Bank Investment Management. In this podcast, Olsen, who handed over to Deputy Governor Ida Wolden Bache, speaks about his long-term role in developing the fund, its investment policies in supporting corporate governance and sustainability, Norway’s place in European energy, the future of oil and gas, and the 2020 controversy over the appointment of NBIM’s new chief executive.