Home » News » Jens Stoltenberg, Governor | Here is the bill for having headhunted Jens Stoltenberg for the bank job

Jens Stoltenberg, Governor | Here is the bill for having headhunted Jens Stoltenberg for the bank job

The hiring process for the position of central bank governor is one of the most discussed issues in recent months.

It became known early on that former prime minister and current NATO chief Jens Stoltenberg and deputy central bank governor Ida Wolden Bache were the hottest candidates for the job. The Ministry of Finance has been responsible for the recruitment process.

Also read: Vedum will not say who he spoke to in the government before the Stoltenberg appointment

Bill of just under 400,000 kroner

The recruitment agency Backer Skeie has assisted the ministry in the relevant recruitment process.

The online newspaper has asked for access to the amount the ministry has unpaid the recruitment agency Backer Skeie to assist the ministry in the recruitment process for a new central bank governor.

The bill is just under 400,000 kroner.

«The Ministry has paid NOK 382 862.50 incl. for recruitment assistance related to the recruitment of a new central bank governor, »Nettavisen is informed.

Also read: Denmark’s oldest newspaper: Jens Stoltenberg damages and fails NATO

Assisted with, among other things, conversations

Minister of Finance Trygve Slagsvold Vedum (Sp) has previously reported in one written answer to the Storting that the recruitment agency has assisted the ministry in conducting interviews during the recruitment process.

«Prior to drafting the announcement text for the position as central bank governor, the ministry conducted interviews with a number of relevant persons, from the Executive Board, Norges Bank’s management, NBIM, relevant specialist departments in the ministry and Norges Bank’s supervisory board. The purpose of such conversations is to obtain the best possible basis for designing the content of the announcement text. The interviews were held together with the recruitment agency Backer Skeie, which assists the ministry in the relevant recruitment process, “Vedum wrote in a written response at the end of last year.

Also read: Stoltenberg gets a giant parachute when he joins a new job


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What will be Stoltenberg’s new salary?

As is well known, it was Jens Stoltenberg who pulled the longest straw, but his position in NATO does not expire until 1 October. Thus, Ida Wolden Bache will act as central bank governor from March until Stoltenberg joins the job in the autumn.

Stoltenberg currently has a tax-free annual income of just under three million as NATO Secretary General. It is the Ministry of Finance that determines the salary of the Governor. However, it is unknown what kind of salary Stoltenberg may have negotiated.

“The employment contract between Jens Stoltenberg and the Ministry of Finance has not been entered into yet,” the Ministry of Finance informs Nettavisen.

“We can therefore not answer questions about the incoming central bank governor Stoltenberg’s annual salary.”

Also read: Reacts to the politicians’ claims about Jens Stoltenberg: – Completely unrealistic

– We will first enter into an employment agreement with Ida Wolden Bache on a temporary appointment as central bank governor from 1.3.2022. The agreement for Jens Stoltenberg will be entered into at a later date, but well before he joins, communications adviser at the Ministry of Finance, Kristofer Olai Ravn Stavseng, informs in an e-mail to Nettavisen.

However, the Ministry of Finance can state that the outgoing central bank governor Øystein Olsen has an annual salary of NOK 2,582,000.

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