The Board ensures that the Fund operates in accordance with the Norfund Act of 1997 and the Fund’s statutes. The Board defines Norfund’s strategy and approves individual investments exceeding specified thresholds. Other investment decisions are delegated to the CEO.
Norfund’s Board of Directors are appointed by the General Assembly. The General Assembly is constituted by the Norwegian Minister of International Development who governs the state’s ownership in Norfund.