Jens Stoltenberg, the recent NATO chief will take over as Norway's Central Bank Governor // Some information about Nato and Norway Central Bank // 2022 Current Affairs //

Jens Stoltenberg, the recent NATO chief will take over as Norway's Central Bank Governor:

Jens Stoltenberg the recent North Atlantic Treaty Organization (NATO) chief, will take over as Norway’s central bank Governor at the end of this year. This Is quite important to notice that the appointment comes amid escalating tensions between the Western World Nations and Russia. Western nations fear Russia has plans to invade Ukraine, which aspires to join the NATO alliance by any means. Mr Stoltenberg, a 62-year-old veteran economist, insisted that he would stay on as NATO chief until the end of his term. 

Norway’s central bank is the main bank that determines monetary policy as well as supervise the banks of Norway. It manages an enormous amount of sovereign wealth funds, the biggest in the world.

SPECIAL NOTES FOR ASPIRANTS:

• NATO, a military alliance was created against the backdrop of the cold war on 4 April 1949.

• NATO HQ- Brussels, Belgium

• Allied Command Operation HQ- Mons, Belgium