Norges Bank Investment Management split its chief investment officer responsibilities into three roles, confirmed NBIM spokeswoman Bunny Nooryani.
Petter Johnsen, previously global head of sector strategies, was named CIO for equities. Karsten Kallevig, who joined NBIM in September as global head of real estate asset strategies, was named CIO for real estate. Searches have begun for replacements for both positions.
CEO Yngve Slyngstad adds the title CIO for allocation, a position that includes oversight of fixed-income investments, Ms. Nooryani said.
The changes were made following the departure of former CIO Bengt Enge, who left in early March.
Also at the fund, Jan Thomsen was named chief risk officer; he will retain his duties as chief compliance officer. Mr. Thomsen replaces Trond Grande, who was promoted to deputy CEO in February. As part of the reorganization, Mr. Grande will also take on the newly created position of chief of staff.
NBIM handles the assets of the 3.1 trillion Norwegian kroner ($559 billion) Government Pension Fund-Global, Oslo.