Board of Directors

The Board of Directors makes policy decisions in matters that involve lending, borrowing, and administrative questions. The Board of Directors approves the financial transactions proposed by NIB's President. The Board of Directors is responsible for the financial statements. The Board of Directors may delegate its powers to the President to the extent considered appropriate. The Board of Directors consists of eight Directors, each of whom has one Alternate. The Directors and their Alternates are appointed by the respective member country. The Board of Directors appoints a Chairman and a Deputy Chairman from among the Directors. The chairmanship and the deputy chairmanship rotate among the member countries. The Board of Directors usually meets eight times a year (please see Upcoming events).

 

Members

Denmark

Director:
Ms Julie Sonne 
Head of Division, Ministry of Industry, Business and Financial Affairs
Curriculum vitae

Alternate:
Ms Christine Nielsen
Special Advisor, Ministry of Industry, Business and Financial Affairs
Curriculum vitae

Estonia

Director:
Mr Madis Üürike
Advisor, Ministry of Finance
Curriculum vitae

Alternate:
Nomination pending

Finland

Director:
Mr Pekka Morén
Director, Ministry of Finance
Curriculum vitae

Alternate:
Mr Petri Peltonen
Under-Secretary of State, Ministry of Economic Affairs and Employment 
Curriculum vitae

Iceland

Director:
Ms Esther Finnbogadóttir
Head of Division, Ministry of Finance and Economic Affairs
Curriculum vitae

Alternate:
Ms Steinunn Sigvaldadóttir
Head of Division, Ministry of Finance and Economic Affairs
Curriculum vitae

Latvia

Director:
Mr Kaspars Āboliņš (Chairman of the Board)
Treasurer, Treasury of the Republic of Latvia
Curriculum vitae

Alternate:
Ms Līga Kļaviņa
Deputy State Secretary on Financial Policy Issues, Ministry of Finance
Curriculum vitae

Lithuania

Director:
Ms Jurgita Uzielienė
Deputy Director, European Union and International Affairs Department, Ministry of Finance
Curriculum vitae

Alternate:
Ms Dovilė Jasaitienė
Head of the International Affairs Division, Ministry of Finance
Curriculum vitae

Norway

Director:
Ms Silje Gamstøbakk
Deputy Director General, Ministry of Finance
Curriculum vitae

Alternate:
Mr Sindre Weme
Director, Norges Bank
Curriculum vitae

Sweden

Director:
Mr Sven Hegelund (Deputy Chairman)
Curriculum vitae

Alternate:
Ms Line Rosvall
Deputy Director, Deputy Head of Division for International Financial Institutions, Ministry of Finance
Curriculum vitae

 

Secretary to the Board of Directors:
Heikki Cantell, General Counsel, NIB

 

Links
Rules of procedure for the Board of Directors (372 KB)
Code of conduct for the Board of Directors and the President (377 KB)
Legal framework & policy documents
Financial reports
Annual Report, Corporate governance