Yngve Slyngstad
-
CEO, Norges Bank Investment Management, Norway
- Age: 51
- Residence: Oslo, Norway
- Country of Citizenship: Norway
Profile
Runs the richest sovereign wealth fund in the world by far. Buoyed by
taxes, ownership and stakes in the state oil and gas industry, it has
reported assets worth about $785 billion. Slyngstad is now actively
reducing its total Euro holdings (currently about 48%) in favor of
emerging markets. The fund has also found a new way to wield its
influence in CSR: an ethical-investment committee which shuns companies engaged in human rights violations or environmental damage.