Former oil fund chief gets new top job

Yngve Slyngstad gets the responsibility to build a new asset management organization at major Norwegian industrial company.

Yngve Slyngstad, former CEO of NBIM, gets new top role | Photo: HEIKO JUNGE

The former CEO of the Norwegian oil fund now has a new job. Yngve Slyngstad has been hired as the new CEO of Aker Asset Management, a subsidiary of Norwegian energy group Aker ASA, to "build and develop active asset management to become a new business area in the conglomerate."

"Aker and Aker Horizons have worked together to develop opportunities within active asset management and have made great strides in a short period of time. To succeed, a skilled leader is needed. Yngve Slyngstad is a leading expert in active asset management, with an impressive track record," Aker CEO Øyvind Eriksen and Aker Horizons CEO Kristian Røkke said in a joint statement

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