Yngve Slyngstad is the former CEO of the Norwegian Sovereign Wealth Fund. With asset of USD 2 trillion, the fund is the largest single owned fund in the world. Owning more than 1.5% of the global equity markets, the fund is also the largest owner of listed companies in the world. Slyngstad was on the Forbes list of The World’s 100 Most Powerful People in 2013 and 2014.
He has for most of his professional career worked in international finance. He started his investment career at Storebrand Asset Management, at the time the leading asset manager in Norway, first as a fixed income portfolio manager, then moving on to equities, specializing in the Asian equity markets.
At the start of 1998, Yngve joined the Norwegian Central Bank’s newly established fund management entity, Norges Bank Investment Management (NBIM), to build up an equity management organization. After a decade heading up the equity management, he was appointed CEO of NBIM, managing the Norwegian Sovereign Wealth Fund, from the start of 2008 as the Great Financial Crises (GFC) was setting in. Throughout the GFC, the fund bought more than half a percent of the world’s equity markets, a trade that laid the foundation for the rapid growth of the fund’s asset value in the years coming. During his tenure, NBIM became the largest SWF in the world, and the largest single share owner in the world’s equity markets. The fund also became widely recognised as the global leader in responsible investment management, occupying a tenuous position at the intersection between the world of finance and world of politics. The fund outperformed its equity benchmark in 9 of the 10 first years and outperformed the market benchmark in 20 of the 25 first years, both for the fund in total and for each of the asset classes. The fund is today valued at more than USD 2 trillion.
In 2022, he joined the Aker group, the largest Norwegian industrial conglomerate, as the Managing Partner of the newly created Industry Capital Partners (ICP). The mission of ICP is to invest in the full breadth and depth of the industrial and energy transition. In 2025, he moved from an executive role to a board role at ICP. Since May 2022, he has also been a board member of Deutsche Bank AG. He has also been a member of the board election committees of Volvo Group AB and SCA AB from 2015 to 2018.
Yngve Slyngstad holds a law degree from the University of Oslo, an MSc in Economics and Business Administration from the Norwegian School of Business and Economics (NHH), an MBA from the University of California Santa Barbara, and a Master of Political Science from the Université Paris II. After completing his four master degrees, he traveled the world extensively for the next four years before starting his post-graduate studies in international finance at Kobe University.
Three decades of experience at the epicenter of the global financial markets has given Yngve Slyngstad an unique insight into the interdependencies of politics, economics, and the global financial markets.
