Carine Smith Ihenacho

Chief Governance and Compliance Officer at Norges Bank Investment Management

Greater London, England, United Kingdom

About

I am the Chief Governance and Compliance Officer at Norges Bank Investment Management (NBIM), the manager of Norway’s sovereign wealth fund. It is a long title, I know, but that's probably because I have a broad set of responsibilities. I am responsible for exercising the fund’s ownership rights and promoting good governance and responsible business conduct with the fund’s investments in almost 9 000 companies around the world. This includes policy development, company dialogue and voting, supporting sustainability initiatives and research, and developing and implementing the fund’s climate action plan. My responsibilities also includes the fund’s control and operational risk activities, compliance, and legal and tax services. I'm a member of the fund’s executive management group and investment committee. I have an extensive international career as a lawyer and executive, both in corporates and financial institutions, and have served as a non-executive director on several boards and advisory councils. I am passionate about the role of finance in promoting sustainable and long-term value, both for shareholders and stakeholders. By education, I have a law degree from the University of Oslo, a Master of Economics from the Norwegian School of Business Administration, and a Master of Laws from Harvard Law School.

Experience

  • Norges Bank Investment Management (Full-time · 8 yrs 11 mos)
    • Chief Governance and Compliance Officer
      Oct 2020 - Present · 5 yrs 9 mos

    • Chief Corporate Governance Officer
      Jan 2018 - Sep 2020 · 2 yrs 9 mos

    • Global Head Ownership Strategies
      Aug 2017 - Dec 2017 · 5 mos

  • Board Member at FCLTGlobal
    Jun 2023 - Present · 3 yrs 1 mo

  • Chair ISSB Investor Advisory Group at IFRS Foundation
    Jun 2023 - Present · 3 yrs 1 mo

  • VP Legal and Chief Compliance Officer at Equinor
    2011 - Jul 2017 · 6 yrs 7 mos

  • General Counsel at Aibel
    2006 - 2010 · 4 yrs