12 Facts About Nicolai Tangen

Nicolai Tangen has actively funded initiatives within arts and education through the AKO Foundation.

Nicolai Tangen is credited with holding the biggest private collection of modernist Nordic art in the world.

Nicolai Tangen holds master's degrees in art history from the Courtauld Institute of Art, London and in organisational psychology from the London School of Economics.

In March 2020, it was announced that Nicolai Tangen would replace Yngve Slyngstad as CEO of Norges Bank Investment Management in September 2020, which manages the Norwegian Sovereign Wealth Fund, the largest in the world.

Nicolai Tangen's appointment became extremely controversial as a result of circumstances around the appointment.

Nicolai Tangen then decided to sell out of AKO Capital, transferring the values and ownership to the charity organisation AKO Foundation.

Nicolai Tangen started transferring his personal fortune to a Norwegian bank account, meeting the public political demands at his own expense, being able to start as CEO in September 2020.

Nicolai Tangen founded the AKO Foundation in April 2013, which focuses on education and the arts.

Nicolai Tangen has supported 22 University of Pennsylvania students with scholarships since 2012.

Nicolai Tangen has supported the conversion of a grain silo into a new museum, the Kunstsilo Museum, which is set to be completed in 2021.

Nicolai Tangen has sponsored The London Munch exhibition at the British Museum, which is the UK's largest exhibition of Norwegian painter Edvard Munch for nearly 50 years.

Nicolai Tangen is married to Katja and they have three children together.