Norges Bank IM Names Malin Norberg Co-CIO of Asset Strategies

Norges Bank Investment Management, which manages Norway’s $1.3 trillion Government Pension Fund Global, has promoted Malin Norberg to the newly created position of co-CIO of asset strategies.

Norberg, who is currently global head of fixed-income trading, will assume the new role April 1 and work alongside current asset strategies CIO Geir Øivind Nygård. She will be co-responsible for the fund’s portfolio management, external manager selection, security lending and trading. NBIM announced it decided to establish the new position “due to the continued growth of asset strategies and the importance of the area.”

Norberg has been with NBIM since 2009, beginning as a system analyst and working her way up to trading analyst and then fixed-income trader before being tapped as head of emerging market debt trading in 2018. She has been global head of fixed-income trading since 2021. She will also become part of NBIM’s Leader Group and contribute to overall strategy, the firm said.

“I’m very happy Malin has accepted this role,” NBIM CEO Nicolai Tangen said in a release. “Malin has a solid fixed-income and trading background and experience in managing a global team. Besides, she has a strategic mindset and an empathic leadership style.”

Never miss a story — sign up for CIO newsletters to stay up-to-date on the latest institutional investment industry news. 

Norberg earned a Master of Science degree in industrial engineering and management from Lund Institute of Technology in Sweden.