Olaug Svarva first joined Folketrygdfondet in 1991. Her previous positions in the organisation include that of Investment Director Equities. From 2001–2006, she held positions as CEO of an asset management company and as Investment Director at an insurance company. In 2006, Olaug Svarva returned to Folketrygdfondet as CEO. She holds a BSc degree in Business Administration and an MBA from the University of Denver. She is also authorised as a portfolio manager by the Norwegian Society of Financial Analysts. Olaug Svarva also serves as chair or member of several Norwegian companies' nomination committees.