Norges Bank increases staffing in 2016

Report shows higher staffing and new governance structure

Norges Bank HQ, Oslo
Norges Bank made a small loss in 2016. Photo: Norges Bank
Photo: Espen Schive

Norges Bank added staff in 2016 and reshaped its governance structure, it said in its latest annual report, published on February 28.

Staffing increased from 856 at the end of 2015 to 923 at the end of 2016, the report said, an increase of roughly 8%. Norges Bank Investment Management (NBIM) employs more than half the total number, with 568 staff.

Part of the reason for the increased numbers appears to be changes made to the governance structure in early 2016. A new deputy governor post was

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