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Task Force member – Data User

Martin Skancke

Chair, Risk Committee Storebrand and Chair
Principles for Responsible Investment

Martin was appointed PRI Chair in April 2014 and serves on the boards of Storebrand and Norfund. He developed and headed the Asset Management Department of the Norwegian Ministry of Finance. The department is responsible for the management of the Government Pension Fund, with assets of over US$ 1T.

Martin served as Director General to the Norwegian Prime Minister and head of the Domestic Policy Department between 2002 and 2006. Prior to this he worked for more than a decade on macroeconomic policy issues, including serving as Deputy Director General at the Ministry of Finance and head of the Section for Monetary Policy and Public Finances. Martin has also worked at the Oslo office of McKinsey & Co., advising Norwegian and international companies on business strategy issues. He served as Chairman of the World Economic Forum’s Public & Institutional Investors Industry Agenda Council throughout 2010 and 2011 and was the Norwegian representative in the drafting of the Santiago Principles for Sovereign Wealth Funds (SWFs) and in the International Forum of SWFs.

Martin has chaired several commissions for the Norwegian government, including an expert group to assess the Government Pension Fund Global’s (GPFG) use of exclusion and ownership strategies in coal and petroleum companies (2014), a commission on climate risks for the Norwegian economy (2018), a commission on climate strategies for the GPFG (2021), and a commission on Norway’s transition to a low carbon economy (from 2021).