So when the world once again seemed united against Tangen as he prepared to take on one of the most high-profile roles in global finance, he dug in his heels. He says he never “for one second” considered throwing in the towel.
For the wealth fund, Tangen’s appointment as CEO is a clear win, according to its founding chief executive, Knut Kjaer. He’s gone on the record to say he was genuinely worried that Norway wouldn’t be able to find anyone of Tangen’s caliber, after Yngve Slyngstad decided to step down as CEO with 12 successful years under his belt.
Tangen says running Norway’s wealth fund is his dream job. He declined to offer any hints as to whether he’s planning major changes once he starts, but he did provide one clue as to what kind of a CEO he’ll be.
It’s “the last time I plan to be unpopular,” he said.
This article was provided by Bloomberg News.