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  • Kjetil Houg


    Kjetil Houg took up the post of Folketrygdfondet CEO on 1 September 2018, having previously worked as an investment director at Oslo Pensjonsforsikring, as chief economist at Alfred Berg/ABN AMRO Bank, as chief economist and fund manager at Folketrygdfondet and as a political adviser in the Storting, the Norwegian parliament. Kjetil Houg holds an economics degree from the University of Oslo. He has also served on various boards, shareholder committees and nomination committees of major Norwegian companies.
  • Lars Tronsgaard

    Deputy CEO

    Lars Tronsgaard joined Folketrygdfondet in 1992, having previously worked for Realkreditt, Chase Manhattan Bank, Norcem and Den norske Creditbank. Mr Tronsgaard holds a Master’s Degree in Business and Economics from BI Norwegian Business School, and is an authorised stockbroker.
  • Nils Bastiansen

    Executive Director Equities

    Nils H. Bastiansen has worked for Folketrygdfondet since 1995. Before joining the organisation, he was a stockbroker at Unibank Securities in Copenhagen and DnB Fonds in Oslo. Bastiansen holds a Master of Business and Marketing from Handelsakademiet in Oslo, and a Master of International Management degree from Thunderbird School of Global Management, Arizona, USA. He is also an authorised financial analyst with a Master of Business Administration in finance from Norwegian School of Economics and Business Administration in Bergen.
  • Jørgen Krog Sæbø

    Chief Treasurer

    Jørgen Krog Sæbø has worked for Folketrygdfondet since 2007, initially as a financial analyst in the operations department. He then moved into portfolio management, first as a fixed income portfolio manager and later as chief treasurer. Mr Krog Sæbø holds a master’s degree from the Norwegian School of Economics (2007), is authorised as a fixed income analyst by the Norwegian Society of Financial Analysts (2010), is an Certified European Financial Analyst by the Norwegian School of Economics (2016), has completed the Advanced Credit Risk Analysis Program by the Norwegian School of Economics (2017), and has an MBA in finance from the Norwegian School of Economics (2017).
  • Jørn Nilsen

    Chief Operation Officer and Chief Risk Officer

    Jørn Nilsen joined Folketrygdfondet in 1997, having previously worked as a higher executive officer at the Ministry of Petroleum and Energy and as a scholarship holder at the Norwegian School of Economics. Jørn Nilsen holds a Master of Science degree (siviløkonom HAE) from the Norwegian School of Economics and Certified European Financial Analyst (Norwegian School of Economics).
  • Rune Møien

    Finance Manager

    Rune Møien has worked for Folketrygdfondet since 1992. Before joining Folketrygdfondet, he worked for Fokus Bank in Trondheim and Orkla Finans. Mr Møien trained as a Business Economist at Bedriftsøkonomisk Institutt.
  • Marika Burvald

    Communications Manager

    Marika Burvald joined Folketrygdfondet in 2015. Previously, she worked as Head of Communications for the Norwegian Association of Consulting Engineers, The Norwegian Export Credit Guarantee Agency (GIEK), and the Nordic Council of Ministers' research funding organisation NordForsk. Ms Burvald holds a Cand. Philol. degree in Arts and Letters from the University of Oslo.
  • Lisbeth Johansen Kvam

    Manager General Services

    Lisbeth Johansen Kvam joined Folketrygdfondet in 1996. Her previous positions include those of adviser with the City of Oslo and auditor at the Office of the Auditor General of Norway. Ms Johansen Kvam holds a Master’s Degree in Business and Economics from Bodø Graduate School of Business and is an authorised portfolio manager (Norwegian Society of Financial Analysts) . She has studied tourism economics at Sogn og Fjordane University College and has completed the Management programme in teamwork and management at BI Norwegian Business School.
  • Christina Stray

    General Counsel

    Christina Stray has worked for Folketrygdfondet since 2009. Previously, she worked for Oslo Børs ASA as head of the Prospectus and Transactions Department. Before that, Ms Stray worked in Oslo Børs ASA’s legal department, and for the law firm Wiersholm, Mellbye & Bech. Ms Stray graduated from the University of Oslo with a law degree in 1992, and holds a Master of Laws degree from the London School of Economics and Political Science, where she studied from 1993 to 1994.
  • Thomas Ekeli

    Chief Economist / Investment Strategy

    Thomas Ekeli joined Folketrygdfondet in August 2011, having previously worked as economic counsellor with the Norwegian Delegation to the OECD in Paris, investment director and deputy director general at the Norwegian Ministry of Finance, portfolio manager for Norges Bank Investment Management in London, IMF petroleum fund advisor in Timor-Leste, chief economist at Pareto Securities, Oslo and international economist at Lehman Brothers, London. Mr Ekeli holds an economics degree from the University of Oslo.